Premier Oil pressing on with projects during M&A ‘summer lull’
Premier Oil’s boss said yesterday that the company had lots to get on with in the North Sea without feeling the need to “chase acquisitions”.
Chevron
New tool to add ‘millions’ of barrels to North Sea production
A new tool has been launched which will help companies produce millions of extra barrels of oil through their North Sea operations.
Leaders in renewables and safety to be recognised at Gold Awards
Firms which excel in health and safety and renewables will be recognised at the north-east’s prestigious energy awards next month.
Three oil bosses in ‘best CEO’ top five
Three oil and gas bosses have appeared in a list ranking the top chief executives in world business.
Chevron can stay in Venezuela until October despite sanctions, US says
The Trump administration is allowing Chevron to continue operating in Venezuela at least until October despite US sanctions aimed at ousting President Nicolas Maduro by choking off revenue from the world's largest crude reserves.
Pressure on Trump to bring an end to Chevron’s Venezuela presence
Pressure is mounting on U.S. President Donald Trump to end Chevron Corp.’s 100-year presence in Venezuela as he seeks to exert maximum pressure on the embattled regime of Nicolas Maduro.
Ithaca revises down debt fundraiser for Chevron North Sea acquisition
Ithaca Energy has revised down the level of debt it will take on to help pay for its £1.6bn acquisition of Chevron’s North Sea business.
Oil activity begins to return to Gulf of Mexico after hurricane evacuations
Oil and gas activity is beginning to return to the Gulf of Mexico this week after Hurricane Barry swept through the region and up into Louisiana.
Chevron seeks all-electric Canada LNG plant to cut emissions
Chevron Corp. is seeking approval to modify its plans for a liquefied natural gas export facility on Canada’s Pacific Coast to an all-electric design that it says will result in the lowest greenhouse-gas emissions per ton of LNG of any large project in the world.
North Sea deals help boost turnover for Pinsent Masons
International law firm Pinsent Masons said yesterday it notched up turnover growth of 7% to £482 million during its 2018-19 trading year.
Chevron Phillips-Qatar, Ineos projects supersize growing industry
Two new petrochemical projects are underway along the Gulf Coast as the sector’s second wave of expansion rolls on, despite analyst projections of abundant supplies, lower prices and a potential industry downturn in the coming years.
Ithaca launches £550m note offering as part of Chevron purchase
Aberdeen-headquartered Ithaca Energy has announced it is set to launched a debt finance offering of £558 million in senior notes in an effort to realise its acquisition of Chevron's North Sea business.
Chevron Phillips joins Qatar to build Middle-East’s biggest ethylene plant
Chevron Phillips Chemical Co. will help gas-rich Qatar build the Middle East’s largest plant for production of ethylene, a key ingredient in plastics.
Guyana election heightens political risk for offshore operators
Guyana is due to hold a general election later this year that could have a significant bearing on the country’s emergence as a new oil frontier.
Sophie’s choice: engineering
Sophie Ewen is currently in her final year of the Oil and Gas Technical Apprentice Programme (OGTAP) and works offshore for Chevron North Sea Limited.
Oil executives: time for Houston to embrace clean energy
Houston’s position as the energy capital of the world is based on fossil fuels, but the nation’s fourth-largest city must embrace new technologies and cleaner energy if it wants to lead the way for decades to come, energy executives said Thursday at the first Houston Low-Carbon Energy Summit.
Chevron fined £5m after refinery explosion deaths
Oil company Chevron will pay a £5 million fine after a refinery explosion killed four workers and seriously injured another in West Wales.
As Oxy acquisition looms, Anadarko workers drown sorrows, update resumes
The Refuge Bar & Bistro, just a short walk from Anadarko Petroleum's headquarters, is becoming a place for Anadarko workers to drown their sorrows as they update resumés and contemplate the future of The Woodlands without its flagship employer, which recently agreed to be acquired by Occidental Petroleum.
US authorities investigating deadly falls from Gulf of Mexico platforms
Authorities in the US are investigating a fatality and a missing person case after workers fell from two separate platforms in the Gulf of Mexico last week.
Big Oil won’t be buying up Permian strugglers
Big Oil probably won’t be buying up the Permian Basin’s struggling independent drillers any time soon.
Ithaca to inject small company ethos into Chevron North Sea, CEO says
Ithaca Energy’s boss said he was looking forward to “injecting the small company ethos” into Chevron’s North Sea operations.
Updated: Delek’s Ithaca snaps up Chevron North Sea assets for £1.6bn
Aberdeen-headquartered Ithaca Energy said yesterday that it would snap up US oil giant Chevron’s central North Sea business in a £1.6 billion deal.
Icahn challenges Oxy’s ‘hugely overpriced’ Anadarko deal
Activist investor Carl Icahn launched a lawsuit against Occidental Petroleum with the goal of potentially seeking board seats and a sale of the company.
Updated: Complete UK exit ‘increasingly likely’ for Chevron, Woodmac says
A full exit from the UK is “increasingly likely” for US major Chevron following the sale of its central North Sea portfolio to Ithaca Energy, an analyst said yesterday.
Wood wins subsea deal for Chevron Jansz-lo project
Aberdeen-headquartered Wood has announced a subsea deal at Chevron's Jansz-lo compression project in Western Australia.