Average Salary for UK Oil, Gas Jobs Up Nearly 10%
Thursday July 19, 2018 - The average advertised salary in the UK for oil and gas jobs has increased by almost 10% over the last year, according to new research by Adzuna.
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OPEC Seeking Legal Strategy as U.S. Continues to Push Anti-Cartel Bill
Thursday, July 19, 2018 OPEC is consulting with lawyers to prepare a strategy to defend against proposed U.S. legislation that could open the cartel up to antitrust lawsuits, according to people familiar with the matter.
Diversified Independents Trading at Premium to Pure Play Tight Oil Players
Thursday, July 19, 2018 For the first time, a group of diversified independents tracked by Wood Mackenzie is trading at a premium to a group of pure-play US tight oil players monitored by the company.
Average Salary for UK Oil, Gas Jobs Up Nearly 10%
Thursday, July 19, 2018 The average advertised salary in the UK for oil and gas jobs has increased by almost 10% over the last year, according to new research by Adzuna.
BP Named One of Best Employers for LGBT Staff
Thursday, July 19, 2018 BP plc has been named on Stonewall's list of the best multinational employers for lesbian, gay, bi and trans (LGBT) staff.
Analysts: Oil Demand Faces Mounting Risks
Wednesday, July 18, 2018 Oil demand faces mounting risks as escalating global trade tensions begin to drag on global trade and economic activity.
WoodMac: Global Decom Spend Could Hit $105B Over Next Decade
Wednesday, July 18, 2018 Up to $105 billion could be spent on decommissioning worldwide over the next decade, according to a new report from Wood Mackenzie.
Here's Why Investors in Oil Don't Care About Crude's Price Drop
Wednesday, July 18, 2018 Crude prices are down yet European oil companies are weathering the slump.
Oil & Gas UK: Industry Must Hold Firm in 'Relentless' Pursuit of Efficiency
Wednesday, July 18, 2018 Preventing production losses and improving efficiency is a 'vital cog' in efforts to maximize economic recovery from the UK Continental Shelf, says Oil & Gas UK.
OGA: UKCS Production Efficiency Improves for 5th Straight Year
Tuesday, July 17, 2018 Production efficiency on the UK Continental Shelf has improved for the 5th consecutive year, according to a new report released by the Oil and Gas Authority.
Transocean Secures 13 Well UK North Sea Contract with ConocoPhillips
Tuesday, July 17, 2018 The midwater semi-submersible Transocean 712 has been awarded a 13 well UK North Sea contract by ConocoPhillips.
Electricity Investments Surpass Oil, Gas for Second Year Running - IEA
Tuesday, July 17, 2018 Global electricity investments exceeded those in oil and gas for the second year running in 2017, the International Energy Agency says.
Oil Steadies On US Stockpile Forecasts, Venezuela Worries
Tuesday, July 17, 2018 Crude oil futures steadied as the focus turned to falling inventories in the US and further output constraints in Venezuela and Libya.
WoodMac: OPEC Will Continue to Play Important Role in Oil Market to 2040
Monday, July 16, 2018 OPEC will continue to play an important role in the oil market to 2040, according to a new report by Wood Mackenzie.
Tidewater To Buy GulfMark As Offshore Drilling Eyes Recovery
Monday, July 16, 2018 Tidewater says it will buy smaller rival GulfMark Offshore in an all-stock deal to create a $1.25 billion company.
Brent Oil Falls 4% To 3-Month Low As Supply Outage Concerns Ease
Monday, July 16, 2018 Oil prices slump more than 4%, with Brent reaching a three-month low.
Total Completes Acquisition of Engie's Upstream LNG Business for $1.5B
Friday, July 13, 2018 Total completes the acquisition of Engie's portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion.
Maersk Drilling Secures 2 North Sea Contract Extensions
Friday, July 13, 2018 Maersk Drilling secures contract extensions for the Maersk Resolute and Maersk Resolve jack-up rigs.
BLOG: Oil and Gas Industry Survival Tips
Thursday, July 12, 2018 Here are some recommendations for surviving the industry's highs and lows.
World's Oil Cushion Could Be Stretched To The Limit, IEA Warns
Thursday, July 12, 2018 The world's oil supply cushion could be stretched to the limit due to prolonged outages, supporting prices and threatening demand growth, the International Energy Agency says.
Analysts Revise Oil Price Outlook to 2019
Thursday, July 12, 2018 BMI Research revises its oil price outlook for the next 2 years.
Premier Oil's Board Approves UK Offshore Tolmount Project
Thursday, July 12, 2018 Premier Oil confirms that its board has approved the Tolmount gas project.
Booming LNG Market Steps Out Of The Dark As Transparency Push Grows
Thursday, July 12, 2018 The $230 billion liquefied natural gas industry is slowly seeing light as global traders push for more transparency in the booming market.
Industry is 'Fit', 'Ready' for New North Sea Exploration Era
Wednesday, July 11, 2018 Industry is 'fit and ready' to usher in a new era of exploration in the North Sea, according to Oil & Gas UK's upstream policy director Mike Tholen.
Trump Slams Gas Pipeline Deal, Calls Germany Russian 'Captive'
Wednesday, July 11, 2018 U.S. President Donald Trump launches a forceful public attack on German support for a Baltic Sea gas pipeline deal with Russia.
Crude Oil Benchmark Brent Sees Biggest One-Day Fall In Two Years
Wednesday, July 11, 2018 Global benchmark Brent crude oil had its biggest one-day drop in two years.
Do Not Blame OPEC, Oil Producer Group Says Of Trump Criticism
Tuesday, July 10, 2018 The president of OPEC defends the oil producer group against President Trump's recent demands for higher oil output, saying OPEC does not shoulder the blame.
UK's OGA Launches 31st Offshore Licensing Round
Tuesday, July 10, 2018 The Oil and Gas Authority (OGA) launches the 31st Offshore Licensing Round, offering blocks in frontier areas of the UK Continental Shelf.
Oil Rises On Supply Disruptions, Large US Crude Stock Drawdown
Tuesday, July 10, 2018 Oil rose, supported by a larger-than expected US stock draw and supply concerns in Norway and Libya.
Oil Prices Gain On Supply Concerns In Iran, Libya, Canada
Monday, July 09, 2018 Oil prices gained, with US crude ending a choppy session higher on expectations for a Canadian production outage lasting until September.
Digital Finance Broadens Roles for Oil and Gas CFOs
Friday, July 06, 2018 In the oil and gas industry, digital finance is transforming the kinds of services that finance has traditionally delivered to the business.
Unite Announces Strike Days on Total E&P Operated North Sea Platforms
Friday, July 06, 2018 UK union Unite announces a series of strike days on North Sea oil and gas platforms operated by Total E&P.
Spirit Energy to Take on Operatorship of UK North Sea Babbage Field
Friday, July 06, 2018 Spirit Energy Limited reaches an agreement with its joint venture partners in the Babbage field to take on operatorship of the license, where it holds a 13% interest.
Airbus Helicopters Doesn't See Major Recovery In Demand From Oil,Gas Market
Friday, July 06, 2018 Airbus is not expecting a major recovery in demand for helicopters from the oil and gas industry, despite a recent increase in oil prices, the head of its helicopter division says.
Chevron Selling UK Central N.Sea Assets 'Would Continue Trend of Majors'
Thursday, July 05, 2018 Chevron selling its assets in the UK Central North Sea would continue the trend of majors divesting non-core UK assets, according to Wood Mackenzie North Sea upstream research analyst Kevin Swann.
Trump To OPEC: 'Reduce Pricing Now!' - Twitter
Thursday, July 05, 2018 U.S. President Donald Trump again accuses the Organization of Petroleum Exporting Countries of driving gas prices higher on Twitter on Wednesday.
Wellesley Makes Minor Oil Discovery in North Sea
Thursday, July 05, 2018 Wellesley Petroleum AS, operator of production license 925, makes a minor oil discovery in the North Sea.
Iran's OPEC Boss Says Trump's Tweets Have Added $10 To Oil Prices -SHANA
Thursday, July 05, 2018 U.S. President Donald Trump has raised prices through his tweets, Iranian OPEC Governor Hossein Kazempour Ardebili was quoted as saying by news agency SHANA on Thursday.
UKCS Decommissioning Cost Cut Target 'Ambitious'
Thursday, July 05, 2018 The target set in 2016 to reduce UKCS decommissioning costs by at least 35% has been labelled 'ambitious' by sector experts.
Roundtable: Digitalization in Oil, Gas
Wednesday, July 04, 2018 Industry experts share insights on digitalization in the energy sector.
New Decommissioning Leadership Group Formed
Wednesday, July 04, 2018 Decom North Sea forms a new Decommissioning Leadership Group.
Chevron Initiates Process of 'Marketing' All UK Central North Sea Assets
Wednesday, July 04, 2018 Chevron has taken a decision to initiate the process of marketing all its UK Central North Sea assets, a company spokesperson has revealed.
BP to Boost Stake in UK's 'Giant' Clair Field
Wednesday, July 04, 2018 BP is to increase its stake in its operated Clair field.
Aker Solutions Secures Perenco UK Services Contract Extension
Wednesday, July 04, 2018 Aker Solutions secures a 3-year contract extension, with two one-year options, from Perenco UK to continue operations and maintenance services on its southern North Sea assets.
PSAN Grants Equinor Consent to Use Deepsea Atlantic on Utgard
Wednesday, July 04, 2018 Petroleum Safety Authority Norway (PSAN) gives Equinor Energy AS its consent to use the Deepsea Atlantic mobile drilling facility on the Utgard field in production licenses 046E and 046F.
Iran Says Trump's Oil Ban On Iran Is 'Self Harm' - SHANA
Wednesday, July 04, 2018 Iran's OPEC governor, Hossein Kazempour Ardebili, says oil should not be used as a weapon or to make political gains, according to the Iran oil ministry news agency SHANA.
Seadrill CEO Sees Consolidation Speeding Up Drilling Market Recovery
Tuesday, July 03, 2018 Consolidation among smaller offshore oil rig companies would help to boost a recovery in the drilling market, Seadrill CEO says.
Offshore Safety Awards Finalists Announced
Monday, July 02, 2018 The finalists for this year's Offshore Safety Awards, jointly organized by industry body Oil & Gas UK and Step Change in Safety, have been announced.
Oil Falls As OPEC Output Rises, More Production Planned
Monday, July 02, 2018 Oil futures fell as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid escalating trade disputes with the US.
Unite Members Vote to Strike at Total North Sea Platforms
Friday, June 29, 2018 Members of UK union Unite employed by Total E&P working on North Sea oil and gas platforms are set to begin industrial action next month.
Oil Gains On Anticipation Of Sanctions On Iran
Friday, June 29, 2018 Oil prices rose, rallying on concerns that US sanctions against Iran would remove a substantial volume of crude oil from world markets at a time of rising global demand.
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