North Sea operator CNR is continuing the operation to stablise the Petrojarl Banff FPSO after two of the installation’s anchors were damaged in stormy seas. Production remains shutdown aboard the Teekay owned vessel which came back into service in 20… Read More
The energy sector has been served a wake up call on how vulnerable the industry is to cyber attack after hackers shut managed to cut off 80,000 Ukranian electricity customers. Cyber security experts said that a suspected Russian cyber attack on the U… Read More
Energy Voice examines some of the key points in the lengthy dispute between the Offshore Contractors Association and Unite union. Plans by offshore companies to introduce three and three work rotas were met with anger and opposition by Unions and off… Read More
This offshore crew had quite a challenge getting to work as huge waves battered the sea. The footage, captured by Frankie Nauta, shows workers on a boat trying to get on board. Watch as the staff eventually make the successful leap on board the deck.… Read More
A new report outlining possible new tax breaks for the oil and gas industry and their likely impact will be published next week. North Sea expert Alex Kemp, professor of petroleum economics at Aberdeen University, said yesterday it would highlight a … Read More
UK stocks closed lower on Friday deepening a weekly drop amid declines in oil and gas companies. Shell shares fell 5.9% after saying it’s on track to complete its takeover of BG Group. Tullow and BP followed crude prices lower, dragging a gauge of en… Read More
Oil major Shell’s bid for BG Group has been approve by the ISS (Institutional Shareholder Services).
The positive move comes after the company had sought to alleviate shareholder concerns over whether its takeover was still viable at sub $50 oil.
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US coal production in 2015 is expected to be about 900 million tons (MMst), 10% lower than in 2014 and the lowest level since 1986. Since reaching a high point in 2008, coal production in the United States has continued to decline, according to data … Read More