UK Government has ‘no plans’ for mature renewables, claims guidance report
The UK Government currently has "no plans" for the future of mature renewable technologies like wind and solar, a new report said.
Scottish Government causes fracking confusion with Ineos licence extension
The Scottish Government has reportedly extended Ineos's right to frack in Scotland by one year.
Spirit Energy backs supply chain pipeline pitch to operators
Spirit Energy has been named as one of operators backing a new supply chain opportunity for the decommissioning of offshore pipeline bundles.
In pictures: BP Miller platform decom continues
BP has published fresh pictures of the Miller platform being decommissioned. The pictures show topside modules being lifted by a crane vessel. The Miller field lies 170miles north-east of Aberdeen in the central North Sea. Production from the field halted in 2007.
London mayor releases £500m energy investment fund
Mayor of London Sadiq Khan has today announced a £500 million energy investment fund to help the city's services and businesses make energy efficiency savings.
UK plans investment boost for electric vehicle charging points
The U.K. will boost investment in electric-car infrastructure, including a 400-million-pound ($531 million) fund for companies that produce and install charging points, as it seeks to encourage consumers to move away from carbon-polluting vehicles.
Total completes Direct Energie acquisition
Total has finalised a deal to buy 73% of European utility firm Direct Energie for £1.2billion.
Aberdeen firm undergoes intensive audit to Brexit-proof itself
Aberdeen-headquartered energy service firm Monitor Systems didn’t invent the rainy day, but they feel like they’ve invested in the best umbrella.
Shell drills dry well at Tyttebaer
Shell has drilled a dry well near the Knarr field in the Norwegian North Sea.
Plans for mega LNG project submitted in Mozambique
A joint venture owned by ExxonMobil, Eni and CNPC has submitted a development plan for the first phase of the Rovuma LNG project off Mozambique.
BP front-runner to buy BHP’s US shale unit
BP has emerged as the front-runner to buy BHP Billiton’s onshore oil and gas operations in the U.S., according to a person familiar with the matter.
Aramco IPO preparations stall, report says
Saudi Aramco and the country aren’t ready for an IPO that could raise $100 billion but also bring unprecedented scrutiny to the company, the Wall St. Journal reported, citing Saudi officials and people close to the process.
OPINION: Are Electric Vehicles changing BP’s business model?
BP has announced the purchase of the UK’s largest charge point supplier and operator, Chargemaster. It is the latest in a string of acquisitions in the battle for the Electric Vehicle (EV) customer and BP appears to follow in the footsteps of Shell, its key oil major rival. What then does the EV business mean for the business model of an oil major?
Updated: Draft legislation for vital North Sea tax-break published
A ground-breaking new tax-break intended to revitalise the North Sea has moved closer to being implemented.
Final Cairn, India arbitration hearing set for next month
Scottish oil firm Cairn Energy said today that the final hearings will start next month in its arbitration with India under a bilateral investment treaty.
US oil could soon help set the Brent crude price
S&P Global Platts, the company that sets the key price of Brent crude, is contemplating the eventual incorporation of U.S. oil to help calculate one of its newest European benchmarks, a sign of just how much America’s booming exports are reshaping global energy trading.
Oil and gas doyen grasps the thistle in recognition of role in public life
Sir Ian Wood has worn many hats over the years; North Sea oil and gas doyen, shrewd businessman, selfless philanthropist and proud family man.
Piper Alpha: How many regulators does the North Sea really need?
A few weeks ago, I had the good fortune of meeting Steve Rae, one of the 61 survivors of Piper Alpha and, in our conversations, something emerged about an aspect of the UK continental shelf that I’m becoming increasingly concerned about – the threat of overbearing regulation and the problems that it will create sooner or later. Or indeed has done already.
Piper Alpha: What stops stopping the job?
How empowered are offshore workers to speak up about safety or even to stop the job when the risks have become unacceptable?
Church to stop investing in firms not tackling climate change
The Church of England has voted to pull investment from firms that are not on track to meet the provisions of the Paris Agreement on climate change by 2023.
Remarkable progress on North Sea safety, pilot says
A retired North Sea test pilot says “remarkable” progress has been made in helicopter safety.
North Sea decommissioning rules need a re-think, academics say
Rules obliging oil companies to remove rigs from the sea should be “temporarily suspended” so that more research can be conducted, academics said.
Airbus not expecting any surge of oil and gas industry interest
Airbus Helicopters chief executive Bruno Even said yesterday the aircraft manufacturer was not expecting a major recovery in demand from the offshore energy industry despite higher oil prices.
Driller wins $622 million arbitration award
An international tribunal has determined that Petrobras, Brazil's state-run oil company, is liable to pay $622 million to settle a contractual dispute with a deepwater drilling contractor operating out of Houston.
Safety gongs up for grabs
Champions of safety training and skills development within the oil and gas sector will be recognised at this year’s Opito Global Awards during the organisation’s annual conference in Kuala Lumpur.