Tag Archives: Oil

Transitioning from oil to renewables – cost or investment?

We hear from Neste after a decade of transitioning from a regional oil refinery to a global leader in renewable solutions to see if the investment is paying off. Neste’s transformation from a regional oil refinery to becoming a global Read more »


Oil and gas industry welcomes Chancellors’ Budget

Deirdre Michie

The UK oil and gas industry has welcomed some of the measures announced by the Chancellor in today’s Budget, adding that now close cooperation with the sector is essential to maximise its world-leading expertise and assure a successful green energy Read more »


Oil & gas: embracing the digital future

The Covid-19 pandemic has definitely affected all existing industries and sectors on the planet — and oil and gas are not different. However, this doesn’t mean that the crisis has not presented some opportunities for crucial industry decision-makers. For instance, Read more »


How the oil & gas industry can maximise energy transition opportunities

Enhancing collaborative culture within the offshore oil and gas industry is not only key to maximising the potential of its existing world class supply chain but could also unlock future activity in the UK Continental Shelf (UKCS) and be key Read more »


Oil & Gas working together for net zero future theme for SPE Offshore

Neil Saunders

Working together to deliver a decarbonised, net zero future will form the theme and direction for SPE Offshore Europe 2021 being held in Aberdeen, Scotland, 7-10 September 2021. Neil Saunders, conference chair of SPE Offshore Europe 2021 and executive vice Read more »


Creative solution for scaring seagulls

With rig operating firms losing hundreds of thousands of pounds a day every time work is halted to clean up seagull droppings, as well as the risk posed to helicopters by the birds, an effective solution was desperately needed. The Read more »


BP halves dividend after record loss, but the future looks bright

Following a record $6.7bn quarterly loss, BP has halved its shareholder dividend after the coronavirus pandemic hit global demand for oil. The loss was largely due to BP writing down the value of its assets after it cut its oil Read more »


Senior industry figures launch energy transition advisory company

Leading oil and gas professionals Hamish Wilson, Bill Senior, Tony Smith, Martin Dru and Sarah Milne have launched BluEnergy, committed to enabling oil and gas companies to leverage their existing asset base to create low carbon energy streams, generating value Read more »


Slicker Recycling acquires RE:Group

Slicker Recycling Limited, the UK’s largest collector and processor of used waste lubricating oil, has announced the acquisition of RE:Group (UK) Ltd. RE:Group, based in Hull, provides waste oil collection and processing, industrial services and advanced fuel manufacturing. Commenting on Read more »


A revolutionary launch from Magnus Monitors

Galway-headquartered Magnus has introduced its first product to the oil and lubricants industry – a truly wireless, battery-driven, radar technology-based oil level monitor that can be installed on tanks without holes or alterations. The monitor is unaffected by environmental factors Read more »