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Oil & Gas news in the UK | Page 2
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No news found.
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
McKinsey & Company downgrades its global energy demand outlook
McKinsey & Company has downgraded its global energy demand outlook. Changing market conditions may have material implications for carbon energy assets and investments.
27 July 2016
The top 40 countries for renewable energy and green electricity
Distributed energy resources are on the rise as a confluence of political, economic, technological and social powers begins a transformation towards a more sustainable energy system.
28 June 2016
The impact of Brexit on demand for UK Refuse Derived Fuel (RDF)
Lenny van Klink, director of financial consultancy Rebel, looks at the potential impact of a UK exit from the European Union on the continental Refuse Derived Fuel (RDF) market.
09 June 2016
Deal activity in oil & gas industry to pick up, predicts McKinsey
In periods of low and flat oil prices, historical trends suggest that M&A activity picks up as distressed companies get picked off by incumbents seeking competitive advantage.
07 June 2016
Deloitte and Willis Towers Watson advise remuneration committee of Shell
Global oil concern Shell spent more than £100,000 last year on advisory services from Deloitte and Willis Towers Watson.
03 June 2016
Oil & Gas players in the Gulf should make improvement a constant
The effect of the current oil price on the Middle East has been dramatic.
17 May 2016
Norwegian Petroleum Safety Authority hires Ramboll for study
Following the opening of the Norwegian Continental Shelf and the Barents Sea, the southeast region of the Barents Sea too will open for petroleum activity - for which a risk assessment is needed.
08 April 2016
Operational Excellence can help Oil & Gas reduce costs
The sudden and dramatic plunge in global oil prices determined mainly by supply, demand and partly by expectation has also been compounded by pockets of regional instability.
10 March 2016
Oil price to remain below 50 dollar a barrel over 2016
Oil-exporting country predictions of the price of oil has been way off in recent years, as changing dynamics within the industry as well as global forces begin to reshape the industry.
08 March 2016
Internet of Things can have massive impact on Oil & Gas
The Internet of Things (IoT) is here. Everybody knows this by now.
03 March 2016
Lifting US crudeoil export ban creates winners and losers
Under the budget deal passed by Congress and signed into law by President Obama in December, the decades-old ban on exporting US crude oil has been lifted.
01 March 2016
M&A activity set to reshape Oil & Gas industry in 2016
Last year the oil & gas market saw a considerable decrease in M&A activity. This is expected to change this year – irrespective of changes to the price of Brent.
08 February 2016
10 performance improvement areas for Oil & Gas industry
The low oil price has destabilised the business models of some of the oil and gas industry’s most established players, forcing them to cut costs to ensure their long-term survival.
14 January 2016
Arup and ITM Power to collaborate on hydrogen fuel
Arup and ITM Power have announced a Memorandum of Understanding, through which they will supply each other with expertise and capabilities, to improve the hydrogen energy systems and the refuelling s
07 January 2016
Diversifying the Saudi economy to secure future growth
The Kingdom of Saudi Arabia has for many years enjoyed prosperity from liquid gold.
22 December 2015
EY: 92% of oil & gas capital project JVs exceed budget
More than nine out of ten (92%) of oil & gas projects run by JVs are exceeding their budget, compared to 83% of non-JV projects, research by EY shows.
15 December 2015
FIS and SAP enable wireless payments at gas stations
FIS and SAP have integrated their offerings to allow customers of petrol stations to pay for their fuel wirelessly without having to reach for their wallet.
26 November 2015
250,000 jobs lost in Oil & Gas industry, says consultancy
The low price of crude oil is forcing many oil & gas industry players to rethink their mid-term strategy.
24 November 2015
1.5 trillion in oil projects at risk, says Wood Mackenzie
The energy sector continues to see low oil prices, positively affecting many consumers and dependent industries but negatively affecting the viability of both energy companies, their services sector
15 October 2015
GCC governments must reform transport fuel subsidies
GCC governments must articulate their objectives, define their strategy and communicate it effectively to successfully reform fuel subsidies, write Georges Chehade, George Sarraf and Yahya Anouti.
22 September 2015
Oil & Gas advisory Opportune marks 10th anniversary
The birth of Opportune was on June 5, 2005.
16 September 2015
Accenture acquires Schlumberger Business Consulting
Accenture has acquired Schlumberger Business Consulting (SBC), the management consulting arm of Schlumberger, for an undisclosed amount.
18 August 2015
Roland Berger: Global mining industry holds $91 billion in cash
The mining industry 'sits' on a pile of cash the size of $90 billion, research by Roland Berger shows.
23 July 2015
Shell hires Mott MacDonald for Peterhead CCS project
Mott MacDonald has been appointed to provide project management organisation services for the Peterhead CCS project by Shell UK.
13 May 2015
Shell selects Arcadis to perform global support services
Energy and petrochemical group Shell has selected Arcadis to provide global support services to its exploration and refinery operations.
30 March 2015
Oliver Wyman: Fuel for innovation top concern Gulf CEO
Securing fuel for innovation is the top concern for CEOs in the Gulf, the most recent survey among Gulf CEOs by Oliver Wyman and Zogby shows.
23 March 2015
Political risks on the rise because of low oil price
The massive decrease in the price of oil is causing more and more pressure to be heaped on businesses in developing countries. Oil producing countries may face financial problems, which increases the risk of political me
18 March 2015
Low oil price adds 91,000 jobs to UK labour market
Oil prices of around $50 per barrel could boost UK GDP by 1% and employment with 91,000 by 2020, research by PwC shows. In its research, the consulting firm also looked into two additional scenarios, with oil prices of around $73 and $108, scenario
16 March 2015
Mott MacDonald and Khudairi Group partner up in Iraq
Consulting firm Mott MacDonald has partnered up with Khudairi Group, a provider of solutions to the oil & gas and construction industries, to jointy deliver projects in Iraq. The collaboration will, according to the two companies, lead to more
13 March 2015
BP selects Accenture to improve customer experience
Oil & gas multinational BP has selected Accenture to help it improve its fuel customer experience. The consulting firm will do so by using its digital and advanced customer analytics that, allowing the international oil and gas company to gain
03 March 2015
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