Roberto Abraham Scaruffi

OPEC seen holding the line as $40 crude looms over Vienna It’ll take more than $40 crude to make OPEC change its mind, analysts said before the group’s Dec. 4 meeting in Vienna. In the year since the Organization of Petroleum Exporting Countries chose to defend its market share, and let prices sink, a 44 pe… Read More

Seadrill prepares for another challenging year Seadrill’s chief executive Per Wullf said the firm was preparing for another challenging year. His sentiment comes as the company confirmed a net loss of $1.9billion due to non-cash impairment charges and a major write-down. The firm posted a t… Read More

Energy Secretary feels “unfairly picked on” by “enemies” Energy Secretary Amber Rudd has revealed she feels “unfairly picked on” by her “enemies” over the UK Government’s plans to cut support for renewables. The Tory frontbencher said her opponents had put together a series of completely separate policy ch… Read More

Looking for volatility? Try Germany’s shift to renewable energy Germany’s shift to renewable energy has created a power market so volatile that humans are having trouble keeping up with it. The post Looking for volatility? Try Germany’s shift to renewable energy appeared first on Energy Voice. … Read More

Opinion: Sad day for Scottish marine-energy Having worked closely with each other for over six years, we are deeply disappointed to hear that Aquamarine Power has ceased trading. We have witnessed the company overcome numerous challenges, whilst testing the Oyster wave technology at Emec over … Read More

Norway’s offshore fleet in for more pain as 100 vessels stacked The number of Norwegian offshore vessels idled with nothing to do has gone from zero to 100 in just a year. And the woes are far from over, the industry’s top lobbyist said. “The worst is still to come,” Sturla Henriksen, chief executive officer of t… Read More

Osborne warned ‘don’t mess with oil’ Aberdeen South MP Callum McCaig today warned the chancellor against “preaching” to North Sea experts about how the industry should be run. The SNP’s energy and climate change spokesman voiced concerns that contractors in the oil and… Read More

Atlantic Petroleum postpones financial results following collapse of North Sea partner Oil and gas firm Atlantic Petroleum has postponed its financial results and hired an investment bank to find it a new backer as its partner on a North Sea field dices with bankruptcy. Faroe-Islands-based Atlantic has a 25% stake in the Orlando Field… Read More