The discussion around hard Brexit, soft Brexit, divorce bill, transition arrangements, new trade deals and the Chequers Brexit plan is now rapidly turning into a bewildering array of statements, claims and counter claims.
A leading petro-economist has said there are “opposing forces” clouding what may happen when some of the world’s largest oil producing nations meet tomorrow.
A Brent crude price pushing $70 will provide a “feel-good” factor for North Sea oil, but it may still be “too early to celebrate”, industry experts have said.
The oil and gas industry needs to put itself “on steroids” to make sure it capitalises fully on the fledgling North Sea recovery, a senior figure has said.
Today, Baker Hughes GE (BHGE) will emerge as the new kid on the block on the New York Stock Exchange (NYSE), signalling the formal merger of Baker Hughes and GE Oil and Gas. This new company packs a real punch with around 70,000 employees in over 120 countries and annual revenues of US$23 billion in 2016.
The UK offshore oil and gas sector will reach its 80% production efficiency target for 2018 if it “just sticks to the plan”, industry experts said yesterday.
An oil industry veteran has said the general election result was likely to create "significant uncertainty" at a time when the North Sea needs stability.
An academic has warned that UK oil and gas companies risk could miss the opportunity to lead innovation in the sector, if they fail to prepare staff for new technology.
Oil nation’s efforts to re-balance the market via a deal on production cuts have worked, industry experts said, adding that extending the agreement is the right move.
An oil industry veteran said it was good news that the UK Government has acknowledged the current decommissioning tax system isn't working for North Sea industry.
Determined to help their peers and in partnership with their university, RGU’s Alumni Council, made up of RGU graduate volunteers, is organising a 'free-of-charge' event for all RGU alumni and/or family members of alumni who have been made redundant or are at risk of redundancy.