China slashes LNG purchases on high prices and pandemic slowdown
China is slashing liquefied natural gas (LNG) purchases as soaring global prices deepen import losses and pandemic lockdowns throttle domestic demand.
China is slashing liquefied natural gas (LNG) purchases as soaring global prices deepen import losses and pandemic lockdowns throttle domestic demand.
A top offshore safety watchdog has “deep concern” that barriers to prevent potentially deadly hydrocarbon releases (HCRs) from North Sea platforms have been “degraded” amid the pandemic.
ICR Integrity, of Aberdeen, remained in the red in 2019-20, but the energy service firm’s “resilience” during the Covid-19 pandemic has given its bosses encouragement.
The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers.
The “psychological ceiling” of $200,000 day rates for offshore drillships will be broken “more routinely” now that the market has reached pre-Covid levels.
BP has informed thousands of staff members they will not return to the office full-time when the pandemic lifts, a news report said.
Calls have been made for the Scottish Government not to “ignore” the concerns that face Aberdeen and the Highlands during Thursday’s budget announcement, after an oil and gas downturn and thousands of job losses have plagued the region.
As cases of COVID-19 surge, companies with essential workers and operations are starting to realise that living - or working - with a pandemic is now the reality. As such, there are several fundamental practices companies must embrace in order to manage a workforce’s health and safety during a pandemic and beyond.
Maersk Training in the UK (Maersk Training) has announced the launch of its upgraded Training Management Solution (TMS) with the aim to improve the training management for companies dealing with fewer headcount and remote working, amid the Coronavirus pandemic.
Communities in the north and north-east have been awarded tens of thousands of pounds by an energy company to help them support others during the pandemic.
The threat of a no-deal Brexit is back -- and with it the risk that the U.K. economy’s shaky recovery from the coronavirus pandemic will be hobbled.