11 Nov Costs bear down on venerable Shetland oil industry

Posted at 16:50h in Global Energy Industry News

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The North Sea oil industry, particularly the Shetland region at its core, is showing the strain of low oil prices, raising questions about its viability. The demise of the four-decade old UK industry has been predicted many times, with recent concerns centered on taxation and possible...

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11 Nov Oil and gas decision-makers under increased pressure to reduce asset downtime

Posted at 16:47h in Global Energy Industry News

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Oil and gas decisionmakers are coming under increasing pressure to reduce asset downtime according to new research. As part of Lloyds Register Energys Technology Radar research programme the sur Read full story › Source:: Oil Voice       ...

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06 Nov Pantheon Resources plc – Drilling update on VOS#1 well, Tyler County, onshore East Texas

Posted at 16:58h in Global Energy Industry News

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6 November 2015 Pantheon Resources plc   Drilling update on VOS#1 well, Tyler County, onshore East Texas   The Board of Pantheon Resources plc ("Pantheon"), the AIM-quoted oil and gas exploration company with a 50% working interest in several projects in Tyler and Polk Counties, onshore East Texas, is pleased...

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05 Nov Oil edges up, but signs point to growing glut of barrels

Posted at 16:31h in Global Energy Industry News

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By hellenicshippingnews Oil prices rose on Thursday, paring some of the losses incurred a day earlier after data showed U.S. inventories had risen for a sixth week and weakness spread through the physical market. On Wednesday, oil fell nearly 4 percent after the Energy Information...

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