Roberto Abraham Scaruffi

North Sea industry heading for Lehman Brothers magnitude crash The North Sea oil and gas industry is sleepwalking towards a liquidity crisis on the scale of Lehman Brothers, an energy finance expert warmed yesterday. Colin Welsh, the Aberdeen-based head of international energy investment at Simmons and Company, … Read More        Enterprise Engineering Services calls in administrators Administrators have been appointed for Enterprise Engineering Services limited (EESL) in Aberdeen at the request of the company's directors. The post Enterprise Engineering Services calls in administrators appeared first on Energy Voice. … Read More        North Sea oil balance sheet in red for first time The UK Government has incurred a loss from oil and gas production for the first time in history. The post North Sea oil balance sheet in red for first time appeared first on Energy Voice. … Read More        Argentina aims to boost domestic oil output by 2025 Argentina aims to eliminate its need for crude imports while usincreasing domestic oil output to 653,000 barrels per day (bpd) in 2025, a 23 percent increase from 2015, an official from the Energy Ministry said. The South American country is working … Read More        Trump promises to revive US oil and gas industry if elected Republican Presidential presumptive nominee Donald Trump has told thousands of delegates at a petroleum conference in North Dakota he will revive the US oil and coal industries and bolster national security if elected. The post Trump promises to revi… Read More        Songa Offshore to cut up to 200 jobs by 2017 Songa Offshore said it plans to make up to 200 redundancies as it looks to streamline its costs. The post Songa Offshore to cut up to 200 jobs by 2017 appeared first on Energy Voice. … Read More        AGL eyes power storage in 1,000 homes to tap solar surge AGL Energy Ltd. plans to announce a program within a few months to roll out about 1,000 power-storage systems for Australian homes with rooftop solar panels amid forecasts that falling prices will stimulate demand. The post AGL eyes power storage in … Read More        Oil’s brief $50 breach doesn’t mean much unless it sticks around For the oil industry, $50 a barrel is a nice start. The big question is what comes next. Crude prices in New York and London briefly breached that long-anticipated barrier Thursday, helped by supply disruptions from Canada to Nigeria and a decline in… Read More        Saudi Aramco boosts oil output to record in fight for market Saudi Arabian Oil Co., the world’s largest crude exporter, increased production to an all-time high last year while keeping its reserves unchanged as the kingdom battles for market share. The post Saudi Aramco boosts oil output to record in fight for… Read More        Production resumes from Brae Alpha after boxing day gas leak Production from a North Sea platform has resumed after it was shut down on Boxing Day. The post Production resumes from Brae Alpha after boxing day gas leak appeared first on Energy Voice. … Read More        Amec Foster Wheeler in consultation with staff over job cuts Engineering services group Amec Foster Wheeler has entered into consultation with employees in its Great Yarmouth offshore services facility with up to 100 jobs potentially at risk. It is understood staff at Great Yarmouth were told jobs are at risk … Read More        $50 crude not the cue for North Sea revivial, Prof Kemp says The return of plus $50 crude after a seven month absence will not be enough to spark a wave of new North Sea development wells, a top oil industry economist said yesterday. Benchmark Brent crude rose 1% to $50.22 at one point yesterday, its highest l… Read More        More North Sea firms borrowing against their assets Asset-rich North Sea businesses are turning to alternative methods of funding their ongoing operations as their market continues to prove challenging, according to lawyers at HBJ Gateley. Despite a recent recovery in the price of a barrel of crude to… Read More        Opinion: Treasury figures no surprise to North Sea workers News that the UK Government has incurred a loss from North Sea oil and gas production for the first time since records began is clearly very concerning. The post Opinion: Treasury figures no surprise to North Sea workers appeared first on Energy Voi… Read More        In case you missed them: Energy Voice’s Friday Five with SengS Each week, Energy Voice pulls together the Friday Five. Click below to see the site’s most read and engaged with copy of the week. The post In case you missed them: Energy Voice’s Friday Five with SengS appeared first on Energy Voice. … Read More