Roberto Abraham Scaruffi

20 March 2015

	Shell completed $737million sale of Nigerian oil field Oil major Shell has completed the sale of its stake in a Nigerian oil field for $737million. The company is nearing the completion of a strategic asset review in the West African country

	Video: Danny Alexander says OGA has been given the 'right powers' The Chief Secretary to the Treasury visited Aberdeen as new powers for the OGA (Oil and Gas Authority) were unveiled. The move comes just days after the budget which say the supplementary charge dropped from 30% to 30% as well as a decrease in the PRT (Petroleum Revenue Tax)

	Gallery: This week's top stories This week's most read story on Energy Voice was an article written by monthly columnist Loren Steffy

	Budget 2015: Guest Editor Derek Leith looks back on an eventful week Today,March 20, is apparently the international day of happiness, inaugurated by the United Nations in 2012! Does the oil and gas sector share that happiness after the end of an eventful week? The start of the week saw a clarion call from Sir Ian Wood for the Chancellor to act decisively in reforming the North sea fiscal regime

	OGA given new powers to fine companies The government has handed a raft of powers to the new oil and gas industry watchdog just days after the Chancellor gave the sector a massive tax break

	Fuel costs set to rise Drivers who enjoyed a slump in petrol prices at the turn of the year are now facing a sharp rise in the cost of motoring, according to the AA. Prices at the pumps have surged by an average of 5

	Here's the next biggest challenge to global crude oil prices The next big threat to oil prices isn’t from OPEC or Bakken shale. It’s Russian samovars, or teapots. Simple refineries that process crude into fuel oil are scaling back, because when oil prices slump, the government reduces the discount that these refiners -- known as teapots to those in the industry -- get for exporting fuel

	Carlyle Group Raises $2.5 Billion for international energy deals Carlyle Group LP has raised $2.5 billion for an international energy fund as the private equity investor bolsters its oil and gas firepower after the collapse in prices

	Opinion: Messiah or Easter Bunny? A backdated tax cut? Am I dreaming? The Budget was good news indeed. Proclaiming eternal life for the UKCS was always above the Chancellor’s pay grade, but George Osborne’s headlines certainly help

	Offshore catering workers to be balloted over strike action Thousands of offshore catering workers are to be balloted over possible industrial action after an expected pay rise was cancelled. Around 2,000 members of the Unite and RMT unions were told by the Caterers Offshore Trade Association (COTA), which represents six separate catering companies, that the 2% rise planned for 2015/16 will not be paid on Wednesday

	Malcolm Webb: More jobs could go despite budget reforms A North Sea leader has warned that more jobs will have to be cut in the sector despite a “regeneration” package announced in the Budget. Malcolm Webb, chief executive of Oil and Gas UK, said the industry must put pressure on itself to reduce costs and improve efficiency, but urged firms to do it in a “careful” way

	Jobs set to go at Seafab Aberdeen-based oil and gas firm Seafab has ceased its operations due to “insurmountable” cash flow problems brought on by the crude price collapse