Roberto Abraham Scaruffi

19 February 2015

	The world wants Scottish oil and gas expertise, SDI says Scottish oil and gas expertise is as highly regarded around the world as people in this country like to believe, according to new research findings. More than 260 senior industry leaders from around the world took part in the Scottish Development International (SDI) survey, which highlights the influential role of Scots in key energy centres such as Houston, Calgary and Perth

	Irish Government approve farm-in deal Landsdowne Oil and Gas has received consent from the Irish Government for a farm-in agreement with PSE Kinsale Energy. Through its 80% interest and as the operator of SEL 4/07 offshore Ireland will fund 100% of the costs of drilling a well on the Midleton prospect

	Dividend hits Centrica shares Centrica shares have taken a battering after the British Gas owner reported a slide in annual profits and slashed its dividend to shareholders. The decline in its share price came during a poor session for the wider market, with the FTSE 100 Index 22

	Conference to focus on impact of current oil market An annual offshore decommissioning conference being held in Aberdeen later this year will focus on the impact of the current market and the resulting pressures that face the sector

	Profits drop at Centrica Annual profits at British Gas owner Centrica have fallen 35% to £1.75 billion in a “very difficult year” for the company, it said today. Profits from residential energy supply were down 23% to £439 million as the warmer weather meant each household spent around £100 less on bills than in 2013

	More pay flows at Wressle-1 Egdon Resources said test operations have now been completed on the Wingfield Flags reservoir at the Wressle-1 oil discovery in England. The reservoir is the second of three potentially hydrocarbon bearing zones identified in the well

	Repsol takeover on track as Talisman shareholders approve bid Talisman Energy has received shareholder approval for its acquisition by Spanish company Repsol. The firm said holders of its common shares and preferred shares have approved the proposed arrangement, under which Repsol will purchase all of the outstanding shares of Talisman

	Rigs running hot offshore as shale scales back While US drilling on land has fallen along with the price of crude, the risky and expensive drive to pull oil from the depths of the Gulf of Mexico is showing little evidence of a slowdown

	BP’s latest battle: Keeping control of prize Caspian oil field BP Plc has no shortage of challenges: adapting to lower oil prices, dealing with the legal fallout from 2010’s Gulf of Mexico spill and managing the largest foreign investment in Russia

	Energy Minister warns North Sea oil fields could be decommissioned early Energy Minister Fergus Ewing has admitted he is worried that North Sea oil fields could be decommissioned prematurely. He told MSPs at Holyrood yesterday that the UK Government needed to bring forward substantial tax reduction measures in the budget next month to persuade companies not to pull out of the UK continental shelf too early