Roberto Abraham Scaruffi

Thursday 5 March 2015

5 March 2015
 

   
 

Genel Energy hit by full-year loss

Genel Energy said it fell to a loss last year as it waited for money still owed from some of its fields in the Kurdistan Region of Iraq. The company said its expects to receive regular repayments this year
 
  
   
   
 

Woodside Petroleum gets ACCC approval for Apache acquistion

Australia
Woodside Petroleum’s proposed $3.75billion acquisition of Apache’s interest in three projects will not be opposed by the Australian Competition and Consumer Commission (ACCC)
 
  
   
   
 

Opinion: The new era of transformation in energy

Opinion: David Bernal
What a difference a year makes. Twelve months ago the shale revolution in the US was changing everything, from manufacturing competitiveness to traditional import/export flows and even longstanding geopolitical arrangements this side of the pond, shale exploration was pretty much on each EU country’s agenda, with shale gas often seen as the only way out of Russian dependency
 
  
   
   
 

Mexican President in visit to Aberdeen over energy sector

President Enrique Peña Nieto of Mexico
The President of Mexico will visit Aberdeen today to sign a memoranda of understanding on collaboration in the energy sector. Enrique Pena Nieto will be joined by Scottish secretary Alistair Carmichael, UK energy minister Matthew Hancock and Scotland’s external affairs secretary Fiona Hyslop on the final day of his state visit to Britain
 
  
   
   
 

Talks to end strike by US oil workers set to resume next week

Shell
Royal Dutch Shell Plc and the United Steelworkers’ union will resume talks Monday on a new labor contract after ending discussions today without a resolution to the largest oil worker strike since 1980
 
  
   
   
 

Rotech Group relaunches subsea division

Rotech has relaunched its subsea division
Engineering firm Rotech Group has relaunched its subsea division four years after selling a similar business to Reef Subsea AS, which went bankrupt last month
 
  
   
   
 

Tullow Oil ejected from FTSE 100

Tullow Oil has been ejected from the FTSE 100
Tullow Oil, one of the largest independent oil explorers, has been ejected from the FTSE-100, the London Stock Exchange confirmed last night. The Africa-focused explorer slipped into the FTSE-250 index after losing more almost 55% of its value since the slump in global oil prices
 
  
   
   
 

Russian given seven day deadline over North Sea assets

Russia given seven day deadline
Energy Secretary Ed Davey has given Russian oligarch Mikhail Fridman seven days to explain why he should be allowed to retain ownership of newly acquired oil and gas fields in the North Sea, or face being forced to sell them
 
  
   
   
 

Subsea 7 slashed 1,000 jobs in readiness for oil and gas downturn

Subsea 7  refused to say yesterday if more jobs will go across its global operations after it revealed 1,000 were shed in 2014
Subsea 7 refused to say yesterday if more jobs will go across its global operations after it revealed 1,000 were shed in 2014. The energy service giant also outlined plans to reduce its fleet capability by 10 vessels over a two-year period as it continues to look for ways to slash costs in the wake of the big drop in oil prices