Ithaca Energy to shed 25% of onshore employees as it sinks to £944million loss
Ithaca Energy plans to shed a quarter of its onshore workforce after sinking to a £944m pre-tax loss amid the "historic collapse" of oil and gas prices.
Vorlich
Greenpeace stands ‘good chance’ of challenging BP North Sea permit, director says
Climate activist group Greenpeace has a “good chance” of challenging BP’s North Sea permit for the Vorlich field, according to the organisation’s director.
Impairments lead Ithaca Energy into the red while virus delays future projects
Impairments led North Sea operator Ithaca Energy to a £111.4m pre-tax loss in 2019, while the Covid-19 outbreak threatens delays to future projects.
BP to open Dyce-based coronavirus testing facility
Oil and gas giant BP is set to open a new Dyce-based Covid-19 testing facility to halt the spread of the virus to its North Sea assets.
UK Government in hot water over ‘failure’ to publish BP North Sea drilling consent
The UK Government has been ordered to pay the costs of Greenpeace seeking a judicial review after it rubber-stamped BP’s drilling plans for a North Sea field without telling the public.
BP pushes back Clair South FID to help bolster project’s low-carbon credentials
BP has pushed back a final investment decision (FID) on its Clair South project to make sure it aligns with low carbon ambitions.
Greenpeace to challenge BP North Sea drilling permit following judicial review
Climate activist group Greenpeace has been given the legal right to challenge oil giant BP over a North Sea drilling permit on the eve of the firm appointing its new chief executive.
Updated: Transocean seeking ‘prison sentences’ for Greenpeace chiefs, activist group claims
One of the world’s biggest offshore drilling contractors will go to court today seeking action against Greenpeace following a massive demonstration earlier this year.
‘There was a pretty candid conversation with Greenpeace’ – BP boss on North Sea protests
BP’s North Sea boss has said Greenpeace activists told him they targeted the company because they believed BP “can actually make a difference” on climate change.
Greenpeace protesters who occupied an oil rig in Cromarty Firth spared jail
Five Greenpeace protesters who occupied an oil rig for almost four days costing the operators and the taxpayer more than £500,000 have been spared a jail sentence.
Stunts aren’t the solution for climate emergency
It did not take long for declarations of a climate emergency to prompt the kind of episode they are assumed in some quarters to legitimise.
Police to make arrests in effort to end North Sea standoff
Police Scotland is seeking to make further arrests as it attempts to bring an end to a bitter North Sea standoff between oil giant BP and the climate activist group Greenpeace.
Crisis talks in bid to end Greenpeace-BP rig standoff
Oil and gas chiefs are today to hold crisis talks in an effort to bring to an end a “dangerous” stand-off between climate activists and oil giant BP.
Updated: Union boss tells Greenpeace to ‘back off’ as rig forced into second U-turn
A trade union boss has urged environmental activists to “back off” and let North Sea rig workers get on with their jobs.
Oil rig forced to make U-turn by Greenpeace ship
Greenpeace said one of its ships blocked an oil rig's path to a North Sea field yesterday afternoon.
Updated: Industry chief says Greenpeace ‘undermining’ its own credibility with rig protest
An oil industry leader has accused Greenpeace of “undermining its own credibility” by reviving its protest on an oil rig in Cromarty Firth.
Police arrest oil rig protesters
Police have stormed an oil rig on a helicopter to arrest two protestors and bring a Greenpeace demonstration to an end.
Activists appear in court over oil rig protest
Two environmentalists have appeared in court in connection with a protest that has brought work on an oil rig to a standstill.
BP doubles profits in year remembered for Clair Ridge first oil
Profits more than doubled at oil giant BP in 2018, a year marked by the start-up of a major project west of Shetland.
Petrofac bags £7.8m deal to prepare vessel for BP tieback
Energy service giant Petrofac has won a £7.9 million contract to prepare a North Sea installation for a subsea tieback project.
Updated: BP gets OGA permission for £200m Vorlich project
The Oil and Gas Authority (OGA) has given BP its blessing to develop the Vorlich field in the central North Sea.
Updated: BP ‘changes tack’ with commitment to smaller fields
North Sea firms will spend £420million on the development of two new fields containing 50million barrels of oil in total.
BP investment decision signals ‘change in tack’ for oil major
BP's decision to push ahead with the development of the Alligin and Vorlich fields signals a change in tack from the energy giant, an analyst has said.
BP sanctions two new North Sea developments
BP said today that it would develop two new North Sea fields capable of pumping out 30,000 barrels of oil per day.