Oil & gas news

Shell’s Gannet platform in the North Sea is still leaking oil into the North sea and the episode does cast serious doubt over the whole North Sea operation.

August 2011: Kay Sever explains how unresolved trust issues can lead to poor execution of improvement programmes at al levels of the company.

President Obama has announced that the U.S. Departments of Agriculture, Energy, and Navy will invest up to US$ 510 million during the next three years in partnership with the private sector to produce advanced drop-in aviation and marine biofuels to power military and commercial transportation.

Grizzly Oil Sands, independent oil sands company based in Alberta, Canada, has awarded a US$ 4 million plus order to Rockwell Automation and its Global Solutions team.

Nigeria National Petroleum Corp. (NNPC) is taking a US$ 2 billion dollar loan in order to unlock capital to push the project forward. The company plans to reduce its stake in the project as well.

As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain.

CJV, a joint venture comprising of Chiyoda, as JV leader, CB&I and Saipem S.p.A., has been awarded the FEED contract for the Arrow LNG plant project.

A group of US businesses and business groups, including API, have written a letter to President Obama asking him to intervene in the implementation of stringent new standards.

Ng Weng Hoong examines how Australia is recovering from and capitalising on its recent difficulties.

Statoil and its partners have discovered a high impact well in the Aldous Major South field in Norwegian waters of the North Sea.