UK Government Issues Support for Shale Industry
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
British energy lauded for momentum as economy falters
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
New wind farm in service off the British coast
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
UK launching £400M vehicle charging infrastructure fund; putting extra £100M to support for buying EVs
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
Chancellor Helps UK Oil Industry with ‘Innovative’ Tax Policy
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
Majors move out, minors move in to British North Sea
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 expected from North Sea by December
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 Target British Energy Industry
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
Shell Gears Up For Peak Gasoline
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
Norway and UK Production Update
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