Oil producers in the North Sea, home to one of the world’s key crude-price benchmarks, are poised to ship the most crude in more than four years. The surge takes place just as OPEC tries to contain a global surplus with coordinated output cuts.
All this week Energy Voice is taking a look back at the events of November 6th in which 45 men lost their lives after a Chinook helicopter crashed on its return to Sumburgh Airport from the Brent Delta platform.
All this week Energy Voice is taking a look back at the events of November 6th in which 45 men lost their lives after a Chinook helicopter crashed on its return to Sumburgh Airport from the Brent Delta platform.
Private equity firm Energy Ventures said today that it "believes in the North Sea" after revealing plans to invest $200million (£160million) in the region.
The boss of Oil and Gas UK (OGUK) yesterday warned some parts of the supply chain will remain "seriously challenged" in the coming months as the global decline in oil price continues.
BP’s plans to extend its restructuring into next year will not affect its North Sea business, which is moving a number of key projects towards start-up, the oil major said yesterday.
An oil rig wrecked off the Western Isles has arrived at “blowtorch beach” - its final destination at an environmentally friendly” breaking zone in Turkey - where it will be chopped up for scrap.
Royal Dutch Shell Plc’s biggest takeover, the subject of intense investor scrutiny during crude’s collapse, is starting to pay off as Europe’s largest oil company chalks up its highest profit in five quarters.
All this week Energy Voice is taking a look back at the events of November 6th in which 45 men lost their lives after a Chinook helicopter crashed on its return to Sumburgh Airport from the Brent Delta platform.