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Category: United Kingdom

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  • Canada
  • United Kingdom

Royal Dutch Shell to Sell $1 Billion of Western Canadian Assets in Latest Divestment

Royal Dutch Shell has agreed to sell Western Canadian shale-oil and gas assets valued at… Shell said Thursday it would sell developed and undeveloped acreage in the Canadian provinces of Continue Reading

Posted On : 21 Oct 2016 Published By : Tom Whipple
Category:
  • International Oil Companies
  • United Kingdom

Shell selling 16 upstream assets worth more than $500 million

Filled oil drums are seen at Royal Dutch Shell Plc’s lubricants blending plant in the town of Torzhok, north-west of Tver, November 7, 2014. Royal Dutch Shell is currently offering Continue Reading

Posted On : 19 Oct 2016 Published By : Tom Whipple
Category:
  • United Kingdom

BP says will break even with oil at $55/barrel in 2017: CEO

BP chief executive Bob Dudley expects oil to trade at $50-$60 a barrel next year, he said on Tuesday, adding that his company would break even at prices slightly below Continue Reading

Posted On : 18 Oct 2016 Published By : Tom Whipple
Category:
  • United Kingdom

Industry Body Gives ‘Positive Spin’ To 120,000 Lost Jobs

Oil harbour Industry body Oil & Gas UK has tried to put a positive spin on its own estimate that the UK offshore oil and gas sector would lose 120,000 Continue Reading

Posted On : 15 Oct 2016 Published By : Tom Whipple
Category:
  • United Kingdom

British government sees future potential for shale oil

Shale oil has a place in the British energy mix, but exploitation will require environmental safeguards and industry expertise, a government agency said. The future of British energy is uncertain Continue Reading

Posted On : 14 Oct 2016 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

British policies short climate efforts

The British government needs a new set of guidelines to address shortfalls in policies in place to cut emissions, a government committee on climate change said. Britain under its Climate Continue Reading

Posted On : 14 Oct 2016 Published By : Tom Whipple
Category:
  • United Kingdom

North Sea Decommissioning Demand Increasing

The demand for North Sea decommissioning is increasing, says Jee Ltd.’s Jonathan McGregor. The demand for decommissioning work in the North Sea is increasing, Jonathan McGregor, head of engineering at Continue Reading

Posted On : 13 Oct 2016 Published By : Tom Whipple
Category:
  • United Kingdom

British Stocks Rise to Near All-Time High as Shell Surges on Oil

U.K. shares closed just 0.1 percent away from a record, amid surges in energy and commodity producers after President Vladimir Putin said Russia is ready to OPEC in limiting oil Continue Reading

Posted On : 11 Oct 2016 Published By : Tom Whipple
Category:
  • United Kingdom

North Sea Oil and Gas Drilling Activity Plunges to All-Time Low

Baker Hughes says 27 rigs operate in region, below 1999 low North Sea has been badly hit by the slump in oil prices The number of rigs drilling for oil Continue Reading

Posted On : 8 Oct 2016 Published By : Tom Whipple
Category:
  • United Kingdom

Is A British Shale Boom Possible?

Steve Elliott, chief executive of the Chemical Industries Association, says Yes. Concerns that UK energy is expensive, and may be insecure, undermine investment. We need firms to invest in the Continue Reading

Posted On : 8 Oct 2016 Published By : Tom Whipple

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