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News
| Oil & Gas
An overview of news, trends and research in the Oil & Gas industry in the UK:
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No news found.
Publicis Sapient helps British Gas develop market leading app
Digital transformation company Publicis Sapient has helped British Gas deliver an application which has simplified and improved customer experience, while enabling a choice of new products and servic
02 October 2019
Over half of capital intensive projects globally underperform
Over half of capital intensive projects globally underperform, with those in rail, defence and infrastructure in particular having poor track records.
08 July 2019
Energy use must decouple from GDP growth for sustainable future
Transforming the global economy is increasingly seen as imperative to preventing an irreversible climate disaster, but at present only marginal and short-term improvements have been committed to by g
18 June 2019
Accenture to work alongside WPP-owned agency on Shell CRM contract
As the firm vies for a share of the design and marketing industry, Accenture Interactive has won a place on Shell's customer relationship management (CRM) roster.
27 November 2018
Court rules against Petrofac after group refused to pay consultant
A multinational company has refused to pay for consulting work it commissioned for advising on a potential contract in Saudi Arabia.
04 July 2018
Improving margins at oil refineries through operational excellence
Improving operational excellence remains a top priority for oil & gas players.
18 April 2018
Capgemini partners Statoil to deliver digital innovation in energy sector
Capgemini today announced that it has signed a new strategic framework agreement with Statoil.
29 March 2018
UK's Petrofac hires Bain & Company to explore North Sea business
Bain & Company has been hired by British oilfield services company Petrofac to explore options for the group’s North Sea operations.
31 January 2018
BCG Digital Ventures and Shell team up to battle Uber in London
Following the announcement that Uber will not its London license renewed by authorities, amid safety concerns, BCG Digital Ventures has announced its own bid to disrupt the city’s transport scene.
29 January 2018
Arup designs shell of Manchester's new Combined Heat and Power plant
The Manchester City Centre has commissioned Arup and architects Tonkin Liu Architects to develop the shell of its new Combined Heat and Power plant chimney.
04 January 2018
Lafarge used fake consulting contract to buy fuel from Daesh
An ex-LafargeHolcim CEO has been charged as part of a probe into indirect funding of extremist militant factions in Syria.
15 December 2017
Corporate advisors consult on near $4 billion restructure of Ocean Rig
Corporate and restructuring advisors from AlixPartners, Kalo Advisors, as well as legal experts from Orrick and Sidley, among others, were part of a team that successfully managed to restructure the
31 October 2017
Oil giant Shell makes grand entrance into electrical vehicles market
Shell has taken a large step into the world of electric vehicles, with the purchase of NewMotion.
24 October 2017
EY alumnus Priscillah Mabelane is BP's first black female CEO
Twenty-three years after the election that saw the end of legal Apartheid in South Africa, British Petroleum (BP) has named its first black female CEO in South Africa.
19 September 2017
Asset intensive sectors in Germany facing growing challenges
Germany’s automotive, retail and construction sectors are best equipped to face down digital disruption, according to a new survey of the nation’s markets.
13 September 2017
Oil remains king of fuels to 2035, while gas demand displaces coal
Oil is set to remain the largest in-demand fuel type up to 2035, according to five of the world’s most renowned energy analysts.
24 August 2017
UK ban of petrol and diesel cars to massively impact oil sector
The UK government has made plans to ban the sale of new petrol and diesel cars by 2040 – something already cited as having led to a steep decline in the sale of diesel vehicles already.
17 August 2017
Gas fired power plants risk becoming stranded assets
Increased investment in gas-fired power plants may be misplaced, finds a new report.
02 August 2017
Global CO2 emissions and the 20 most polluting countries in the world
Recent data suggests that global CO2 emissions could be levelling out – but with America’s withdrawal from the Paris Agreement, it could be too little too late.
04 July 2017
Global oil producers slash costs as low commodity prices bite
In a bid to remain operational, globally oil companies have been forced to decrease operational costs by 29% on average, with around 50% of cost cutting likely to be sustainable in the longer-term.
27 June 2017
EY advises mining groups on best route to digitalisation
Focusing on meshing digital innovation with productivity outcomes, a new report from professional services specialists EY has drawn on a number of ways to improve the outcome of automation in minin
15 June 2017
Technology to bring forward peak energy and renewables tipping point
The world economy stands to hit peak Energy by 2025, according to a new study.
12 June 2017
White Space helps British Gas to make best of digital custom
Strategy consultants White Space worked closely with British Gas to draw up the innovative online-services platform Local Heroes, which launched in 2016.
02 June 2017
New Trump legislation will barely improve outlook of US coal producers
US President Donald Trump’s drive to deregulate environmental legislation will, contrary to his stated ambitions, barely improve the position of coal producers in the country, writes Joris Govers, a
06 April 2017
Mining companies face challenges from investors as returns crumble
Mining companies investors have had a rough five years, as their investment saw median total investor returns of -17%.
23 March 2017
Global oil price predicted to hover around $50 a barrel in 2017
The global oil price has fallen significantly since 2014, as the addition of supply from US shale and the continuation of supply from Middle Eastern markets have led to a period of oil glut.
09 March 2017
Volatile oil & gas market leaves financial analysts in the dark
“Fake-news” hits oil markets, volatility due to data crunching agencies? EIA report contrasts API, OPEC on backburner?
28 February 2017
Mid-market mining industry facing improved economic conditions
Middle market mining industry players continue to contend with fierce conditions in the face of lower commodity prices, lower demand and geopolitical and economic pressures.
13 December 2016
UAE and Dubai economic activity slows on back of low oil prices
Real estate prices in Dubai have taken a -10% hit for villas and a -9% hit for apartments. he region is increasingly pressured by lower oil prices.
02 November 2016
US energy companies in crisis as continued low oil prices take their toll
The US fracking boom may, with continued oil prices below breakeven levels, give way to fracking bust. Volatile oil prices, coupled with high debt levels, have left many companies in distress.
14 September 2016
Oil mid-market sees profits evaporate on global shift and supply glut
Oil & gas companies, as well as oil dependent governments, are bearing the brunt of the continued supply glut.
16 August 2016
Gas price sinks, even as appetites change, as market shifts towards glut
The price of gas has, much like the price of oil, plummeted in recent years – falling to around $5 per mmBtu in Europe and Asia.
02 August 2016
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