Oilfield services giant SLB has no plans to exit Russia
Oilfield services giant SLB (NYSE: SLB) has no plans to exit Russia, its CEO has said, two years after Moscow’s invasion of Ukraine.
Oilfield services giant SLB (NYSE: SLB) has no plans to exit Russia, its CEO has said, two years after Moscow’s invasion of Ukraine.
By Allister ThomasDoriemus today revealed its Brockham-1 well in the UK’s Weald Basin contains 282 million barrels of oil per square mile.
Statoil today outlined the "ripple effect" its mammoth Johan Castberg project will create for the region.
InfraStrata UK has acquired an additional 25% stake in Islandmagee Storage Limited – a developer of the gas storage facility in Northern Ireland
Dong Energy today vowed to appeal a Danish court's 'surprising' verdict.
The U.K. could build facilities to capture and bury carbon pollution under the sea at a similar price to offshore wind farms and nuclear plants, a government adviser will say Monday, setting out options for tackling climate change.
Norway’s financial regulator said that banks exposed to oil-industry losses face a rise in impairments that will erode profits as the full effect of the slump in crude prices runs its course.
Jeremy Corbyn’s policies on energy have been condemned as “naive and short-sighted” by one of Labour’s major union backers.
A dip oil tax revenue has led to Norway’s first budget deficit in 20 years.
An Aberdeen-based reservoir engineering consultancy has invited local French nationals and people interested in trading with France to a Brexit-focused business meeting today.
Labour has offered to work across party lines to allow the UK to follow the lead of the US and China in agreeing to ratify the Paris agreement on climate change.
Union Jack Oil today confirmed it was fully funded and debt-free as it pursues its latest onshore campaign.
Ascent Resources has completed is take over of Trameta doo.
An Aberdeen-based firm said today it was celebrating the completion of its first offshore well management project.
How can you tell there’s a gas glut in Europe? When even the threat of a full-scale invasion into the continent’s largest gas transit country by its largest outside supplier can’t raise prices.
A planned maintenance shutdown of the Kårstø gas processing plant will see more than 500 extra workers needed.
A consortium of Gazprom and five European allies has withdrawn its application to set up a Polish joint venture to build the Nord Stream 2 pipelines in the Baltic Sea.
Fuel tanks on the grounded drilling rig on Lewis have been breached, releasing an unknown amount of diesel oil into the sea.
Energy giant E.ON has become the latest Big Six provider to suffer amid competition from smaller rivals after falling customer numbers sent sales in its UK residential arm tumbling 19%.
Activity across three of the main industry sectors it serves saw the Port of Cromarty Firth report its busiest day of the year so far this week.
The first shipment of shale gas from fracking is to arrive in Scotland within weeks, Ineos bosses confirmed as they hit out at the Scottish Government’s “absurd” moratorium on the controversial practice.
Wintershall Norge has been given the green light to drill a wildcat well offshore Norway.
A record-breaking NOK125million is up for grabs for technology pitches geared at supporting the Norwegian Continental Shelf.
For Norway, the collapse in crude prices has a silver lining: output has exceeded expectations every month for the past two years.
Lundin Petroleum today launched its Barents Sea drilling campaign.
Norway’s production fell in June, it was today confirmed.