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David Cameron unveils £250million deal to help save oil and gas industry

David Cameron will sweep into the north-east today to announce further measures to support the beleaguered oil and gas industry and encourage exploration. The prime minister will be in Aberdeen as the UK Government announces the long-awaited Aberdeen… Read More

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OGA extends IOG’s North Skipper licence as firm battles oil price

The Oil and Gas Authority has extended Independent Oil and Gas’ Skipper licence until the end of the year. The extension comes after IOG revealed a low oil price and unstable economic conditions had forced it to hit the pause button on the project. C… Read More

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Exclusive: Dana Petroleum to kick-start Western Isles drilling campaign

As sub-$30 oil and thousands of job losses dominate headlines, Eiko van Dalen and his team at Dana Petroleum are silently toiling away on a project that will double the company’s daily output. The next big deadline? March, when Dana will mobilise a r… Read More

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SSE to cut gas prices by 5.3%

Energy giant SSE is to cut its standard gas prices by 5.3% in the latest move by a Big Six supplier to reduce tariffs. The group said the reduction will take effect on March 29 and will save household gas customers on average £32 a year. It follows j… Read More

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Shell needs to repay investors who backed its biggest ever wager

Royal Dutch Shell Plc is under pressure to reward the faith of the more than 80 percent of shareholders who shrugged off the risks from slumping oil prices to back its record acquisition of BG Group Plc. That won’t be easy: the rout in crude has cut … Read More

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Amber Rudd to chair new ministerial group aimed at helping those who lose their job in sector

Energy Secretary Amber Rudd will chair a new ministerial group on oil and gas. The group met for the first time yesterday and agreed to produce a UK Oil and Gas plan in the spring, which will focus on the steps the government “will take to support th… Read More

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Scottish hydro-power wipeout predicted

Scotland’s hydro power faces an agonising march into near-oblivion by the end of the decade, an industry boss warned yesterday. Mark Mathieson, chief executive of Green Highland Renewables (GHR) said the UK Government had failed to take account of ev… Read More

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Coalition forces destroy six IS rigs

Coalition military forces say they have destroyed six IS (Islamic State) rigs near Raqqah as efforts to against the terrorist group continue. The post Coalition forces destroy six IS rigs appeared first on Energy Voice. … Read More

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M&A activity grows, set to continue in 2016

Worldwide M&A activity in the power and renewable sector almost doubled last year, according to a new report. PwC’s annual findings show momentum is expected to continue throughout 2016. The post M&A activity grows, set to continue in 2016 … Read More

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“Necessity” as the defense for cannibalism – contemporary Aberdeen

In a law case from 1884 − Regina v. Dudley and Stephens − the accused were found guilty of murdering their ship mate Richard Parker in a lifeboat. It was decided by five judges in the Royal Courts of Justice in London, “that one must not kill one`s s… Read More

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Another MSP joins attack on OGA ‘insolvency’ remark

An Aberdeen MSP has added his voice to the clamour over the comparison of the oil and gas industry regulator to an “insolvency practitioner”. The SNP’s Mark McDonald tabled a motion at the Scottish Parliament yesterday in response t… Read More

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MSP voices disappointment at ‘extraordinarily small’ deal

The news the Aberdeen City Region Deal amounts to just a quarter of the Glasgow agreement was met with disappointment across the north-east last night. North-east Labour MSP Lewis Macdonald said he thought £250million an “extraordinarily small&… Read More

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Noble Group CEO says banks behind it as agri deal approved

Noble Group Ltd.pushed on with efforts to bolster investor confidence in the region’s top commodity trader by securing shareholders’ approval to sell the company’s stake in its agricultural unit and saying that its banks are still behind it. Stockhol… Read More

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Diver flown to hospital after incident in the Norwegian North Sea

A diver has been flown to hospital with critical injuries after becoming stuck underwater while carrying out work offshore Norway. The post Diver flown to hospital after incident in the Norwegian North Sea appeared first on Energy Voice. … Read More

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Workers evacuated from drifting vessel in North Sea

Workers had to be evacuated from a drifting installation vessel in the North Sea, according to reports. The post Workers evacuated from drifting vessel in North Sea appeared first on Energy Voice. … Read More

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© Aberdeen Journals Limited. 2016

The Press and Journal
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