US AGENCY NOAA (National Ocean and Atmospheric Administration) and the National Science Foundation have commissioned the first comprehensive national study of how carbon-dioxide emissions absorbed into the oceans may be altering fisheries, marine mammals, coral reefs and other natural resources. The work will be carried out by the US National Academy of Sciences.
INDUSTRY, government and community representatives were given an update on how Amec is faring at the annual external stakeholder event at Aberdeen's Marcliffe Hotel.
IT WAS party time at the opening of larger and newly refurbished offices for Solstad Offshore (UK) at Salvesen Tower, Aberdeen.
Scotland risks losing its position as the global leader in wave and tidal power unless steps are taken to put in place vital infrastructure, according to the head of a green-energy trade body
Where this will take the country's energy strategy from here is unclear, but some observers believe China is unlikely to push too aggressively in other areas of possible controversy, such as the widely disputed Spratley Islands (Nansha islands, in Chinese) in the South China Sea, and the Diaoyu (Senkaku, in Japanese) islands, over which it contests ownership with Japan, in the East China Sea.
Ithaca Energy, a Canadian oil and gas explorer focused on the UK North Sea, has agreed a deal to sell 25.25% of all its assets to Dyas UK for £40million in cash.
BRITISH Gas firm Centrica said yesterday it planned to tap shareholders for £2.2billion to fund the acquisition of a 25% stake in nuclear generator British Energy (BE).
OMV is seeking to reduce its exposure to risk at the Tornado prospect west of Shetland by farming out a large chunk of the licences which it straddles prior to drilling early next year.
IRANIAN president Mahmud Ahmadinejad has inaugurated the South Pars phases 6, 7 and 8, and phases 9 and 10 are expected onstream within a few months, according to the Iranian News Agency.
THE UK's Industry Technology Facilitator (ITF) hosted a pioneering global technology summit in Aberdeen that has set the wheels in motion for greater collaboration between the world's leading technology organisations.
LAST year, PetroChina announced its Jidong Nanpu discovery in Bohai Bay, which could be China's biggest oil find in 50 years, at an estimated 7billion barrels.
AMEC'S Australian-based joint venture, Clough AMEC, has been awarded a contract by Chevron to provide engineering services for its oil production facilities at Barrow Island and Thevenard Island offshore Western Australia.
LONG talked about, the three biggest players in the global gas game are joining forces to create an Opec-style cartel. This, in turn, will drive up gas prices, especially in Europe.
Meanwhile, the NOCs have been investing heavily in expanding their refinery capacity away from a dependence on light sweet crude, the mainstay of domestic production, so as to take advantage of a wider range of resource investments around the globe.
Leading energy banker Matt Simmons is warning upstream oil&gas against knee-jerk reactions, especially cutting back on investment and jobs - battening down the hatches.
Oil & Gas UK recently announced its intention to publish new guidelines with respect to the somewhat contentious practice offshore colloquially known as "NRB", or "not required back".
I don't know where world oil prices will be when you read this, but as I write they have collapsed from a peak of $147 per barrel to $65.
Three or four years ago, and prompted by some comments from a friend at one of the universities who had some very ungenerous things to say about the man, I sent an e-mail to Fred Goodwin.
Yantai Raffles has successfully loaded out the first of three semi-submersible drilling rigs under construction for Awilco Offshore.
China's oil majors are counting a bundle of mixed blessings this year as they seek to recover their confidence abroad after striking out on the acquisition trail in 2007.
Last week, as oil prices threatened to slide below $60, the Press and Journal understandably reported on the potential for damage to the UK's offshore industry - and rightly so. But it was presented in a balanced, responsible manner, without sensationalising the issue and avoiding words such as panic.
Last month's Government reshuffle included two significant changes that I have been advocating for a long time. Indeed, coming on top of the Damascene conversion to nuclear power, I am feeling a little bit like the prophet whose hour has come.
The cost of curbing even just carbon dioxide (CO) emissions will inflate by billions of dollars if 10,000 carbon capture and storage (CCS) projects are not in place worldwide by 2050, the International Energy Agency (IEA) claims.
Aberdeen company Nautronix is shipping £4million ($7million) worth of its equipment to the US Gulf of Mexico to provide subsea acoustic positioning services to Brazilian company Petrobras, which is opening up the Cascade and Chinook fields as a co-ordinated development.
The Carbon Trust has signed a groundbreaking agreement in offshore wind with five international energy companies: DONG Energy (Denmark), Airtricity Developments (UK), RWE Innogy (Germany), ScottishPower Renewables (UK) and StatoilHydro (Norway).