Ineos has extended the postponement of its shut down of the Forties Pipeline System until next year due to the Covid-19 pandemic.
The North Sea should not run “into a pit of lowest price bidding” just because the supply chain is stressed with the oil price drop, according to the chief operating officer of Independent Oil and Gas (IOG).
The delayed shutdown of the Forties Pipeline System could increase North Sea production to around three million barrels per day (bpd), according to an energy research firm.
Energy giant Ineos has announced it is to postpone the planned shutdown of its Forties Pipeline until August.
More than a dozen UK North Sea projects are facing deferral in light of the oil price drop, an analyst has predicted.
Ineos has vowed to carry on with its planned shutdown of the Forties Pipeline System in June.
Offshore support ship operator Sentinel Marine, of Aberdeen, has clinched new contracts and extensions worth £36 million since the start of 2020.
Spirit Energy has agreed to sell two non-core Danish assets to petrochemicals giant Ineos.
INEOS has launched a five-year partnership with the Mercedes-AMG Petronas F1 Team.
Fire crews have extinguished a blaze at the site of the Grangemouth oil refinery.
US firm Apache has taken legal action against petrochemicals giant Ineos in a row over the Forties pipeline in the North Sea.
Following the result of the general election, we can now expect to leave the EU at the end of January, although very little will change on that date as we will move into a transitional period when existing EU rules and trade terms continue to apply in the UK.
Medical services have descended upon petrochemical giant Ineos' Grangemouth Refinery following an incident at the plant.
A host of firms including Ineos, Total and ExxonMobil are collaborating on plans for a carbon capture, use and storage (CCUS) site at the Port of Antwerp.
The billionaire founder, chairman and majority owner of industrial giant Ineos has stepped up his efforts to protect and grow populations of Atlantic salmon.
The firm which operates and maintains the St Fergus gas terminal in Aberdeenshire has bought an oil and gas project management company based in Newmachar.
A lightning strike in Aberdeenshire caused the temporary shutdown of a major North Sea pipeline today.
Chemicals giant Ineos has launched a consultation on the potential closure of a manufacturing plant which employs more than 220 workers.
The car industry is set to receive a much-needed boost with jobs being created to build a new 4x4 vehicle.
The design for the Cambo field, west of Shetland, will take some of the sting out of a problem that has “held back” production from the area for decades, an oil company chief said.
Benj Sykes does not claim to have all the answers for oil and gas companies on how to accomplish an effective energy transition, but he does have the best vantage point.
Petrofac bosses have said Aberdeen is one of the “biggest areas of recruitment growth” for the global energy service group.
Petrochemicals giant Ineos, owned by the UK's richest man, has completed a deal to acquire OGC Nice Football Club.
Energy service firm Bilfinger UK has said it will double its Scottish workforce after winning two multimillion-pound contracts with Ineos.
Petrochemicals giant Ineos has handed oilfield service firm Petrofac a three-year deal to provide operations and maintenance crew for its Forties pipeline business.