Production of US shale oil bursts all parameters
The US is pumping oil like never before, placing significant pressure on OPEC.
EnergyWatch
A part ofWatch Medier
The US is pumping oil like never before, placing significant pressure on OPEC.
Few employees in one division were acting independently of the company's management, states BWSC Chief Executive after the Danish state attorney concluded that a violation of tender regulation took place – and it is highly probable that the case involves bribery.
The merger of Wintershall and DEA will provide at least EUR 200 million in synergies and will cut around 1,000 positions in Northern Europe.
Nigerian authorities are demanding taxes for a total of USD 20 billion from a series of foreign oil companies operating in the country. These companies include Equinor, Shell and Total.
The Maersk Group has now set a date for the long-awaited listing of Maersk Drilling. The drilling company will be listed on April 4.
Swiss commodity trader Glencore aims to limit its coal production to "current levels" in a part of its climate change mitigation efforts – a decision that could raise the price of thermal coal, a Wood Mackenzie analyst assesses.
Dutch dredging and heavy lift operator Boskalis has purchased a majority stake in UAE-based Horizon, thus strengthening its market position within marine survey services.
Copenhagen-listed Atlantic Petroleum has received several orders after suspending its continuing operations on payments determined as uncertain, so they have not been factored into the report.
Equinor's management wants to cut more than 100 positions in its Norwegian shelf organization. The cuts are met with resistance by the employees, reports Dagens Næringsliv.
OPEC's output limit and US sanctions on Iran and Venezuela helped push the oil prices to the highest level since the fall.
Equinor pays so little to offshore shipping companies that some of them prefer to have their ships berthed rather than working for the partially state-owned oil company, says the industry. The matter will now be addressed politically in Norway.
Dutch SBM Offshore is back in plus after a 2018 in which the company also was able to slash half a billion US dollars from its debt. 2019 promises more projects and increasing demand, says the CEO.
It is not quite there yet, but after a dive around New Year, the oil price is now moving past USD 65 per barrel and is thus inching closer to the USD 71 per barrel which was the average price last year. Good for offshore investments. Bad news for shipping.
A new report finds that oil and gas companies may be jeapardizing shareholder value by linking executive pay to the discovery of energy resources which the world can't safely burn.
In line with expectations, Kvaerner finished 2018 with a profit of close to NOK 500 million, which marks a setback compared to the year before. CEO Karl-Petter Løken anticipates improved market conditions for the Norwegian oil service and yard company this year.
Norwegian company NHWirth, which is owned by Aker company Akastor ASA, welcomes new faces to the top level. Eirik Bergsvik will be the new CEO in the drilling company while Merril A. "Peter" Miller Jr has been appointed chair.
Nigerian widows accuse Shell of complicity in the execution of their husbands. Shell rejects any involvement.
The EU has reached agreement on a new gas directive which means that gas pipelines from third-party countries – for example, Nord Stream 2 – will be subject to the bloc's rules in future.
Saudi Aramco will turn to oil and gas production in other parts of the world.
A Chile-based towage company has acquired Boskalis' stake in their joint venture. The sale has a value of USD 201 million and is attributed to the current competitive environment.
Everyone expected the gas directive to quietly die, but EU's member countries came to an agreement anyway. Tuesday they will negotiate with the EU Parliament.
According to Norwegian media Aftenposten, Norway's state-owned oil company has invested EUR 220 million in Russia since 2014 where sanctions were introduced against the country.
Oil major Equinor's employee union Safe calls for the Petroleum Safety Authority Norway's Director General, Anne Myhrvold, to step down when her term ends this spring, reports Dagens Næringsliv. The call comes after Norway's public auditor has criticized the authority.
Two employees have been reported for corruption, while a third has been dismissed for violating ethical guidelines in connection with the sale of projects in Africa.
Maersk Drilling now presents its first independent results after being spun off from the Maersk Group. The company expects a positive operating result before special items for 2019, though it may well be lower than last year.
Supervisor for large construction projects in the electricity transmission network - Energinet
Supplier and service technician - KeepFocus
Work environment coordinator with focus on the design phase - Energinet
Electrical installer or engineer with experience in maintenance - Energinet
Engineer for specialist role in submarine cables - Energinet
Project developer for Wind - Hofor
Construction Project Manager for Wind - Hofor
Self-employed and quality-conscious operation and maintenance technician for the gas distribution network - Energinet
Head of department for the technical department with focus on measurement and calibration - Energinet
Electrical engineer - Experienced specialist for cable systems in the electricity transmission network - Energinet
Engineer or physicist who is passionate about gas storage - Energinet
Adm. Director - Struer Energi
