Sempra Energy temporarily plugged a leak near Los Angeles on Thursday from a broken well that had been spewing natural gas for months and is now estimated to cost the utility owner at least $250 million excluding potential fines.
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Oil rebounded from the lowest level in more than 12 years amid the highest price volatility since 2009 as speculation swirls over whether producers will act to bolster the market.
The post Oil rebounds from lowest close in 12 years as volatility surg… Read More
Premier Oil and Noble Energy have issued a termination notice for the Eirik Raude rig.
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Aker Solutions has suspended its dividend because of an uncertain market outlook amid the lower oil prices.
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A tribunal heard yesterday that a boat which crashed into a North Sea rig had "the capacity to take out the platform and all the people on it."
The post Apache tribunal: Vessel had “capacity to take out” platform appeared first on Energy … Read More
Since the so-called Implementation Day, the 16th January 2016, Iran has been firmly back on the agenda. On that date, most EU sanctions were lifted and, for UK businesses in the oil & gas sector, this paves the way for targeting business opportu… Read More
Fresh footage from the Pentagon has shown air strikes on an IS (Islamic State) gas and oil plant in Syria.
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Conservation charity the John Muir Trust has welcomed a decision by Highland Council to object to a proposed windfarm that would be partly built on designated "wild land" in Sutherland.
The post Objection to Highland windfarm backed by campaigners ap… Read More
Each week, Energy Voice pulls together the Friday Five.
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Aberdeen MP Callum McCaig has accused the UK Government of trying to build its "bridge to the future" for the oil and gas industry "on the cheap".
The SNP's Westminster spokesman on energy and climate change also called on Energy Secretary Amber Rudd… Read More
The size and shape of offshore workers in the North Sea oil and gas industry has been found to be "a lot bigger" than two decades ago, according to new research.
The post Video: The North Sea size and shapes impact on helicopter escape potential appe… Read More
Aker Solutions said it will make temporary reduction in salaries for Norwegian MMO (maintenance, modifications and operations) staff.
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Hercules Offshore said it has formed a special committee to consider and explore various strategic alternatives potentially available to the company.
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This dramatic footage shows just how terrifying life in the North Sea can be. The footage was captured from the bridge of an ERRV (Emergency Response & Rescue Vessel), around 100 miles north-east of Shetland on January 29. Some of the waves are e… Read More
North Sea helicopter firm CHC doubled profits in its latest financial year. CHC Scotia, which runs 29 helicopters for UK the oil and gas industry, saw pre-tax profits rise to £6.7million in the year ended 30 April, up from from £3.3million in the pri… Read More
