North Sea pipeline operator invokes force majeure
The operator of a damaged North Sea crude pipeline has invoked a clause that exempts it from fulfilling contracts, underlining the scale of the damage that has sent oil and Continue Reading
The operator of a damaged North Sea crude pipeline has invoked a clause that exempts it from fulfilling contracts, underlining the scale of the damage that has sent oil and Continue Reading
British homes are set to be heated over the new year with gas from a Russian project targeted by US sanctions, as the shutdown of a key North Sea pipeline Continue Reading
UK natural gas prices stayed near their highest level in four years on Wednesday, reflecting supply disruptions in the North Sea, but the reopening of a key European hub for Continue Reading
Several oil cargoes may be deferred to January as the threat of force majeure hangs over the market after a crack shut down the Forties supply pipeline, trading sources said Continue Reading
Closing the Forties pipeline system in the North Sea, which sidelines almost half of the area’s production, means heavy industry losses, a trade group said. Pipeline operator Ineos shut down Continue Reading
It has been a tough week already for those that heat their homes in Britain (and those that trade Natural Gas). Following extreme weather warnings and the forties pipeline crack Continue Reading
Oil and gas firms could lose millions of dollars in the event of a prolonged shut down of the Forties Pipeline System, oil and gas analysts at GMP FirstEnergy have Continue Reading
Heavyweight firms London will be accompanying the City of London’s lord mayor on his trip to Saudi Arabia this coming weekend, as Saudi officials have yet to announce which would Continue Reading
« BP and Copersucar to form a new ethanol joint venture in Brazil | Main | Long Beach Transit receives $600K grant for 40 Cummins near-zero CNG engines » EarthSense Continue Reading
The UK’s ambitious program to build more nuclear generating stations will begin with the massive Hinkley Point units. Yet, in a recent paper, Prof. Steve Thomas, a well-known energy economist Continue Reading
The UK government has lent its support to the UK’s shale gas industry in a recently published white paper. The UK government has lent its support to the UK’s shale Continue Reading
The number of new bidders trying to wade into the British offshore energy sector is a vote for as much as 6 billion barrels of new oil, a trade group Continue Reading
Norwegian energy company Statoil said Wednesday its Dudgeon wind farm off the British coast is now feeding the grid from its 67 wind turbines. The Dudgeon wind farm is about Continue Reading
The UK’s Chancellor of the Exchequer, Philip Hammond, presented his Autumn Budget to Parliament. Among the elements in the budget are the launch of a new £400-million (US$530-million) Charging Investment Continue Reading
The Chancellor of the Exchequer, Philip Hammond, pledges to help the UK oil and gas industry by delivering an ‘innovative’ tax policy from November 2018. The Chancellor of the Exchequer, Continue Reading
The sale of gas fields in the British North Sea could be a sign that bigger companies are losing interest in an area with a bit of a future, analysis Continue Reading
New oil production is on pace to start in December from a floating production facility off the east coast of Scotland, Premiere Oil said Thursday. “In the United Kingdom, the Continue Reading
Russian hackers have attacked targets from the British energy industry over the last 12 months, the head of the country’s National Cyber Security Center, Ciaran Martin said. The warning, according Continue Reading
Since the oil price plummet it 2014, Shell has transitioned its business model over to refining oil, offering other refined oil products, and producing petrochemicals. The oil giant will produce Continue Reading
Short-term trends for UK oil and gas production and, to a lesser extent, Norway can be rendered a bit meaningless by seasonal impacts from summer maintenance turn-arounds and cyclic gas Continue Reading
British energy company BP posts strong figures for the third quarter and says to expect more production before the year is out. There are clear signs the market is back Continue Reading
The UK’s proven and probable (2P) oil and gas reserves as at end-2016 were 5.7 billion barrels of oil equivalent (boe), down from 6.3 billion boe at end-2015, due to Continue Reading
Iraqi Oil Minister Jabar al-Luaibi met a senior BP executive on Monday to discuss developing and boosting production from Kirkuk oilfield, a ministry spokesman said. Luaibi, who met BP’s president Continue Reading
The Telegraph . London’s Department for Business, Energy and Industrial Strategy (BEIS) is due to issue a study on the matter soon, and industry sources said the Rolls Royce consortium’s Continue Reading
London’s £10 daily “ T-Charge ” (toxicity), aimed at the oldest, most polluting vehicles on London roads, is now in effect. The T Charge applies mainly to diesel and gasoline Continue Reading
The UK oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European Union. (Bloomberg) — The U.K. Continue Reading
The British government said Thursday it would spend more than $3 billion on new energy systems that could help it meet obligations for a low-carbon economy. The British government is Continue Reading
Industry insiders claim that the fledgling industry will evolve successfully despite hurdles. A new report by the University of Edinburgh, which claims that output from offshore fields in the North Continue Reading
Statoil’s exploration campaign off Britain yielded one discovery and two dry wells this year, the company said on Monday. Results of the Mariner Segment 9 and Jock Scott wells were Continue Reading
The UK government’s July announcement that it will be banning the sale of petrol- and diesel-powered vehicles by 2040 is “meaningless” to Aston Martin CEO Andy Palmer. Government officials are Continue Reading
The UK’s oil industry could be entering its final decade of production, according to new research. A study of output from offshore fields estimates about 10% of the nation’s original Continue Reading
In a talk he gave last week at the Society of Petroleum Engineers Offshore Europe conference in Aberdeen, BP CEO Bob Dudley said his company has cut production costs by Continue Reading
It has become raison d’être that electric vehicles (EV) will keep increasing in use without considering serious factors that could hamper their growth. The British electrical grid example and the Continue Reading
BP has agreed to fold its Argentine assets into a new joint-venture backed by Cnooc of China in a deal that widens both groups’ interests in a country boasting some Continue Reading
China and the UK have teamed up to develop the next generation of offshore wind power capacity, with a focus on identifying the best locations for the new installations and Continue Reading
Statoil, a Norwegian oil and gas company with a footprint in renewables, said the last of the 67 turbines at a wind facility off the British coast is in place. Continue Reading
A NATO member with a legacy of energy-related interests, the British government said it was working to ensure Libya evolves as a safe and stable partner. British Foreign Minister Boris Continue Reading
British Gas has raised electricity prices by 12.5% and its rivals are likely to follow suit. Another round of inflation-busting increases has put calls for an energy price cap back Continue Reading
Qatar supplies 20 percent of Britain’s natural gas. Just in the past four weeks, British ports have received one million meters worth of scheduled gas orders, according to the Middle Continue Reading
Production History and Reserves UK oil production peaked in 1999. The peak was probably pushed out a couple of years because of the major production interruptions following the Piper Alpha Continue Reading
Royal Dutch Shell’s decision to sell electricity direct to industrial customers is an intelligent and creative one. The shift is strategic and demonstrates that oil and gas majors are capable Continue Reading
British polling data show only a handful of respondents claim to know much about hydraulic fracturing. Photo courtesy of Cuadrilla Resources Aug. 3 (UPI) — With shale drilling about ready Continue Reading
With its drilling rig on site, a British shale gas explorer said it expects to address offshore production declines with onshore operations by year’s end. Cuadrilla Resources said the drilling Continue Reading
Earlier this year, car buyers were encouraged to take advantage of the Government’s new environmentally friendly decision to exempt from road tax all electric cars with zero carbon emissions that Continue Reading
Britain will ban the sale of new petrol and diesel-powered cars from 2040 as part of a plan to get them off the roads altogether 10 years later, environment minister Continue Reading
The UK Government unveiled its new plan to reduce roadside nitrogen dioxide (NO 2 ) concentrations in the shortest amount of time. Among the many policy and funding details in Continue Reading
BP announced highlights of its Q2 2017 exploration activities today, collecting the results of several different projects. Four discoveries representing 17+ Tcf of gas BP reports that it has made Continue Reading
Energy opportunities in the British waters of the North Sea are bolstered by new work slated for natural gas, services company Bilfinger Salamis said Friday. The company announced it landed Continue Reading
New drilling planned for the British waters of the North Sea by early 2018. The focus area is in a region targeted for development by British energy company BP. Photo Continue Reading
British energy company BP is putting more capital into its North Sea program with nearly $200 million in contracts, an energy services company said. Cape Industrial Services said it secured Continue Reading