‘Relief’ for some as oil flirts with $40, but North Sea activity to remain depressed
Oil prices flirted with the $40 per barrel mark on Tuesday amid speculation that quotas for international production cuts could be kept higher for longer.
Robert Gordon University
North Sea can weather oil market storm, tax expert says
The UK North Sea offshore industry can weather a raging storm in global oil markets, a leading expert said yesterday.
Turning negative oil positive
Unprecedented, unbelievable, ‘off-the-scale’ can’t really sum up what happened to oil prices in North America on Monday April 20. Both WTI (West Texas intermediate) and WCS (Western Canadian Select) plunged to below $0 per barrel and recorded an oil price of minus $38 per barrel for the first time in history. Although there has been talk about negative oil prices for months, nobody really predicted anything on this scale.
Next generation rewarded with bursaries for innovation
The Society of Petroleum Engineers (SPE) Aberdeen has awarded £27,500 to 21 students as part of its 2020 bursary programme.
A Step Change in thinking – embracing the digital age
The Covid-19 pandemic is driving us to find new ways of getting things done. In these uncertain times, digital technology is leading the way.
Prolonged price war threatens return of ‘brutal’ cost cuts, experts say
A price war between two of the world’s biggest oil producers has sparked one of the worst crude routs in decades, putting companies under “huge pressure” and threatening “brutal” cost cuts.
Director hired to spearhead National Subsea Centre in Aberdeen
A director has been appointed to spearhead a new, multi-million-pound Aberdeen centre for the research and development of pioneering subsea energy technologies.
‘Decaf gas’ can help to tackle climate change
The debate around fossil fuels and the impact on climate change is getting increasingly polarised. What we urgently need is a more informed debate based on facts and evidence.
Updated: Virus-induced oil price slump harks back to Sars, Aberdeen oil experts say
Oil and gas shares were hit yesterday by a drop in crude prices brought on by the deadly Coronavirus outbreak originating in China.
We’re having our ‘999 moment’ on the climate emergency – it’s time to respond accordingly
It is estimated that during 2019 over 20 million people in the UK contacted the 999 emergency services to request immediate police, ambulance, fire or coastguard support or to report an emergency.
Cluff appoints RGU graduate as chief financial officer
North Sea exploration firm Cluff Natural Resources has appointed a Robert Gordon University (RGU) graduate as chief financial officer (CFO).
Student’s trophy design selected for this year’s Offshore Achievement Awards
With just over two weeks left until entries close for the 2020 Offshore Achievement Awards, the design for this year’s trophy has been chosen following a competition amongst 3D Design students at Robert Gordon University (RGU).
St Fergus manager rises to occasion
St Fergus gas processing plant engineering manager Brian Geddes has been named the winner of the Energy Industry Council (EIC)’s rising star award for 2019.
Data science firm backs apprenticeship scheme
Opex Group, an Aberdeen-based technology firm specialising in data science and predictive analysis, has moved quickly to support a new graduate apprenticeship scheme at Robert Gordon University (RGU).
Significant concerted action needed to address gender imbalance
The energy sector gender pay gap (GPG) remained relatively high last year thanks in part to the traditionally male-dominated oil and gas sector – but the changing nature of employment could offer the chance to change that.
RGU spinout close to blowout-prevention technology trials after funding boost
A fledgling oilfield equipment company has secured funding to help it develop blowout prevention technology which could save operators millions of pounds per well -- and prevent loss of life.
Destination net zero: Delivering a sustainable future
Following the publication of the Committee on Climate Change (CCC) report in May 2019, the UK Parliament declared a ‘climate change emergency’.
Oil leaders showing more ‘willingness’ to drive technology adoption, new study says
The oil and gas industry’s “unique characteristics” are blocking the adoption of new technology, a new study of psychological factors said.
Alexa – how do we achieve gender balance?
Director of the Oil and Gas Institute, Professor Paul de Leeuw, and Business Analyst, Sumin Kim, tonight join gender balance AXIS Network’s event for a fascinating insight into the data behind the UKCS Workforce Dynamics Skills Landscape report.
UK oil industry needs 25,000 new workers within six years, says skills report
A new report sets out that the UK oil and gas industry needs to attract 25,000 workers in the next six years, including thousands in brand new roles.
Eight-way fight for two categories at cHeRries awards
Eight finalists are in the running for two hotly contested categories of The Press and Journal cHeRries Awards 2019.
New report to shed light on UK North Sea skills
A new report shedding light on the skills the UK oil and gas sector requires over the coming years will be published in Aberdeen next month.
Aberdeen has ‘lost focus’ as energy capital of Europe, claims academic
Aberdeen has lost its focus on being the energy capital of Europe, it has been claimed.
Heroes of tomorrow learn how to ‘rock it’
Secondary school pupils across the North-east have been finding out about future career opportunities in the energy industry this week, at the Heroes of Tomorrow event.
North Sea industry hopes oil settles at $60-70 for longer
Oil prices settling in a sweet spot of $60-70 per barrel would give North Sea firms more confidence to kick on with investment plans, industry experts have said.