Pipeline of delayed projects starting to flow, Rystad research shows
The number of delayed oil and gas projects sanctioned last year was more than double that of 2015 and 2016 put together.
The number of delayed oil and gas projects sanctioned last year was more than double that of 2015 and 2016 put together.
Uneasy lies the head that wears a crown in the world’s biggest oil market.
Each week, Energy Voice pulls together the Friday Five. Click to see the site’s most read and engaged with stories of the week.
Notwithstanding a degree of stability during 2017, the “lower for longer” oil price continues to affect the industry, and while these pressures can be positive, forcing efficiencies and stimulating innovation, they also bring challenges, and at times disputes.
The recent shut-in of numerous North Sea fields as a result of the required repairs to the Forties pipeline is the first major UKCS industry-wide force majeure event since Piper Alpha almost 30 years ago.
The days of poking a hole in the ground and hoping to strike oil are largely gone, thanks to geologic surveying and 3-D seismic imaging.
OPEC and Russia have surprised the industry with the success of their grand alliance as oil surges to a three-year high. As the unlikely bond enters a second year, there are challenges ahead.
Energy consultancy Wood Mackenzie (Woodmac) said today that competition for the best exploration targets will be “fierce” in 2018.
Will Saudi Arabia and Russia maintain their grip on production, or could they succumb to another surge in U.S. shale? Is it possible for the economic collapse of a major producer to send crude prices soaring, or perhaps Silicon Valley will usher in the end of the combustion engine?
Most of the other opinion pieces published here around this time of the year reflect on what happened in 2017 and try to predict what will possibly happen in 2018. This piece looks back a little bit further, but also looks further into the future. Thus, rather than dealing with the short-run, the focus here is more the medium-run.
Watch the viral videos which captured our readers’ attention. From Shell to BP to Statoil, these were the stories that dominated this year’s screen time.
From major asset sell-offs to a decommissioning world-first , scroll the gallery to view the top Shell stories from 2017.
From Shell’s CEO’s “biggest blessing” to the grounding of the S-92s, scroll through to view Energy Voice’s best read stories from 2017.
Each week, Energy Voice pulls together the Friday Five. Click to see the site’s most read and engaged with stories of the week.
On the surface, Thursday’s OPEC meeting was a no-drama success.
Each week, Energy Voice pulls together the Friday Five. Click to see the site’s most read and engaged with stories of the week.
There will be an OPEC deal extension—no matter the public tussling between opposing forces in the industry cartel—if the world's largest oil producers are really determined to end the supply glut.
Each week, Energy Voice pulls together the Friday Five, a selection of the site’s most read and engaged with stories of the week. This week’s top five were chosen by EY oil and gas tax partner Derek Leith, Guest Editor of Energy Voice.
As Centrica released its trading update yesterday it revealed the loss of almost a million British Gas customers.
Each week, Energy Voice pulls together the Friday Five. Click to see the site’s most read and engaged with copy of the week.
Each week, Energy Voice pulls together the Friday Five. Click to see the site’s most read and engaged with copy of the week.
The pace of cost cutting in the mid-cap market is continuing to slow, according to analysis by Westwood Global.
The number of oil and gas farm outs has nosedived over the past decade, but an upturn may not be far away, a new report said.
The global onshore oil and gas pipeline market to grow at a compound annual growth rate (CAGR) of 6.59% during the period 2017-2021, according to new research.
The Glencore Room at Appleby’s Bermuda office wasn’t much to look at.