
UK firms could assist Fukushima clean up
The UK and Japan have agreed a Framework on Civil Nuclear Cooperation, providing the basis for UK companies to engage in multi-billion pound decommissioning opportunities in Japan.
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The UK and Japan have agreed a Framework on Civil Nuclear Cooperation, providing the basis for UK companies to engage in multi-billion pound decommissioning opportunities in Japan.

The Department of Energy and Climate change has granted TOTAL consent to drill a relief well to tackle the Elgin gas leak after a full environmental assessment.

Ritchie Bros. Auctioneers, one of the world’s largest industrial auctioneers, is due to sell more than 1600 industrial equipment items and trucks to the highest bidders in an unreserved public auction held in Moerdijk, The Netherlands on the 19 - 20 April.

President Obama has asked for greater controls, tougher rules and harsher penalties for oil traders in a bid to reduce oil market manipulation and protect consumers.

It has been revealed that the Argentinian government’s recent decision to nationalise the Repsol-owned company YPF has interrupted a non-binding takeover agreement with Sinopec valued at more than US$ 15 billion. Additionally, the Spanish government has threatened to retaliate via economic action.

Chevron is to supply Chubu Electric Power Company with 1 million tpy of LNG under a long term sales agreement from the Wheatstone LNG project.

A review by the Department of Energy & Climate Change has concluded it is safe for Cuadrilla Resources to continue fracking in the Bowland Basin, Lancashire.

Despite the threats of legal action and the use of diplomatic and possible economic pressure from Spain and the EU, the Argentinean government has nationalised YPF, a company in which the Spanish player Repsol had a 57.4% stake.

The Spanish government, which has a vested interest in YPF, has warned Argentina against nationalising the company and threatened to use “all its might” to defend Spanish interests.

Keppel Corp has signed a LOI for the construction of five semisubmersible rigs for Sete Brazil in a deal worth US$ 4.12 billion.

Wintershall has discovered 60 – 160 million bbls of recoverable oil in the Skarfjell prospect in the northeastern North Sea.

GDF Suez is to supply Gasnor AS with 7.5 TWh of LNG over a 12 year period, starting in 2013.