Oil & Gas

Oil & Gas

Energy Diary

05/01/2009

January 21-22: The Permanent Oil Crisis: Challenges and Opportunities, Amsterdam, The Netherlands. Organiser: Europoint - e-mail ILeuvenkamp@europoint.eu. URL: www.permanentoilcrisis.com

Oil & Gas

Crunch could set off farm-in surge

2009 is likely to be a year of consolidation in the oil&gas industry in response to the economic downturn. As Alec Carstairs writes opposite, last summer, the sector seemed to be faring well, with the oil price peaking at record highs of above $147 a barrel in July before crashing.

Oil & Gas

European Commission’s renewable dreams

Last month, the member states of the European Union (EU) and European Parliament approved - in a fanfare of publicity - a climate and energy package proposed by the European Commission (EC). It has been popularly described as the 20/20/20 package - to establish a 20% share for renewable energy and to cut greenhouse gas emissions by 20% by the year 2020.

Oil & Gas

Bristow’s Burman remains bullish

Bristow Helicopters has been around forever in the North Sea. Indeed, the group's Europe division is by far the largest of five geographic units. With a turnover of about $800million, it accounts for 70% of group revenues and more than 70% of profits.

Breaking