Major energy infrastructure projects unveiled
Major energy infrastructure projects unveiled for the north yesterday are expected to lead to thousands of new jobs.
Europe
Norway politics could make oil investments riskier, report says
Norway risks discouraging investment in its oil industry if western Europe’s biggest crude producer repeats surprise tax increases and political meddling in projects, according to a report.
Whisky distillery to tap biomass plant for heat
Scotland’s Macallan whisky distillery is set to get most of its heat requirement from a combined heat and power plant part-funded by the government.
Wind provides 22% of power
Wind power has generated a new record high of 22% of the UK“s electricity over a 24-hour period, industry body RenewableUK said.
Fracking protesters super-glued to Defra doors
Anti-fracking protesters have super-glued themselves to the doors at the main entrance of the Department for Environment, Food and Rural Affairs (Defra), campaigners have said.
Oil industry to join fight against HIV as more workers become infected
A call was today made for oil and gas companies to play a more active role in the fight against HIV.
Rosneft to drill Norway Arctic well with Statoil amid sanctions
OAO Rosneft is preparing to drill its first well offshore Norway with Statoil ASA even as Russia and its biggest oil company face the strictest sanctions yet over the conflict in Ukraine.
Mintra eyes expansion after recent win and new HQ
Aberdeen’s Mintra Training Portal – one of Europe’s largest providers of learning, training and competency services to the oil and gas industry – has clinched a £1million contract as the firm moves into the Asian market.
UK gas jumps to two-month high as wind generation set to drop
UK natural gas jumped to the highest in almost two months as demand for the fuel in power generation is set to strengthen amid declining supply from wind, coal and nuclear plants.
Hungary and Slovakia call on EU to relax Russia sanctions
Hungary and Slovakia have joined forces to call on the European Union to relax its sanctions against Russia.
Ewing objects to fracking change
e Scottish Government is to oppose controversial plans that would remove the right of people to object to fracking companies drilling below their homes.
North Sea find could produce for 35 years
An oil field due to begin production east of Shetland could produce oil until 2050, it has emerged.
Noreco’s production boost helps firm make revenue gains
Norwegian Energy Company ASA (Noreco) recorded a boost in production and revenue after experiencing a lift in production.
Rosneft said to ask state for up to $42billion as sanctions begin to bite
OAO Rosneft asked the state for as much as 1.5trillion rubles ($42billion) of aid, a government official said, signalling a US ban on long-term loans to Russia’s largest company is starting to bite.
RMEC confirms two senior appointments
RMEC has made two senior appointments.
Putin’s dream pipeline bypassing Ukraine at risk amid conflict
Vladimir Putin’s dream of a new pipeline to deliver Russian natural gas to the European Union without passing through Ukraine is fading amid escalating tit- for-tat economic sanctions.
Faroe Petroleum appoints “Oil Woman of the Year” to its board
Faroe Petroleum has appointed the “Oil Woman of the Year” as an independent non-executive director.
Exxon’s profit weathers international sanctions against Russia
Exxon Mobil Corp. posted higher-than- expected profit as international sanctions against Russian interests clouded the U.S. oil explorer’s efforts to tap some of the world’s biggest crude reserves.
Push to seize control of safety reinforced, says EC
The European Commission (EC) claimed yesterday that the Elgin gas leak underlined the need for Brussels to take regulatory control of the North Sea industry.