Roberto Abraham Scaruffi

27 May 2015

	Upstream cost deflation 'inevitable' for the North Sea industry Upstream cost deflation will be “inevitable” for the North Sea industry as it emerges from a period of intense development activity, according to Wood Mackenzie

	Rules change for onshore wind farms Local communities will have the final say in bids to build large scale onshore wind farms under plans set out in the Queen’s Speech. The Government is introducing an Energy Bill which will change the law to remove the need for the Energy Secretary to approve large wind farms of more than 50 megawatts (MW), schemes which would typically involve dozens of wind turbines

	Victoria Oil & Gas buys processing plant from Expro for $2.5million Victoria Oil & Gas has purchased the Logbaba gas processing plant from Expro for $2.5million. The company said its wholly owned subsidiary, Gaz Du Cameroun (GDC), has made the payment in full for the purchase of the plant from Expro worldwide

	Wood Group Kenny to advise DECC on CCS Wood Group Kenny (WGK) is set to provide technical advisory services for carbon capture storage (CCS) policies in a framework agreement with the Department of Energy and Climate Change (DECC)

	Plea on global goal on emissions Countries must set a global goal to slash carbon emissions to unlock more than £30 trillion needed in energy investments to tackle climate change, a report has urged

	Gunmen try to kill Libyan prime minister Gunmen have tried to assassinate Libya’s internationally recognised prime minister on his way to the airport in the eastern city of Tobruk, a spokesman for his government said

	Woodside Energy pulls out of Tanzania agreement Woodside Energy has chosen not to enter into the next period of an exploration program in Tanzania. The move is related to the Lake Tanganyika South Production Sharing Agreement

	Hundreds of workers evacuated from Alberta hit fire region Hundreds of workers have been evacuated from three oil sands projects in Alberta as wildfires affect the region. Statoil, MEG Energy and Cenovus Energy made the move as fires coarsed through the area

	Second Petrobas director sentenced A former international director at state-run oil firm Petrobas has been sentenced to five years in prison. Nestor Cervero is the second person to be convicted in the ongoing corruption scandal

	OPEC seen backing Saudi Arabia’s plan to keep supplies elevated When Saudi Arabia argues next week that OPEC should keep up production to fight the rise in US shale oil levels, prices will be on its side. Crude plunged for eight of nine weeks prior to group’s November gathering, when the kingdom faced down opposition from the majority of fellow members, who advocated output reductions to tackle a global glut

	Chevron says South Africa needs fair clean-fuel cost recovery South Africa, which sets gasoline prices that fuel producers can charge, needs to ensure companies can fairly recover the cost of upgrading their facilities to handle cleaner fuels, Chevron Corp

	Industry body says there will be "no winners" if workers strike There will be “no winners” if unions press ahead with industrial action in the North Sea, the new boss of the oil and gas industry’s trade body warned yesterday