Natural Gas

US to boost LNG exports to Europe

US to boost LNG exports to Europe

US Energy Secretary Rick Perry has said the agreement between the US and Europe to work towards ‘zero tariffs’ is setting the scene for increased US exports of its liquefied natural gas (LNG) “It is a new day and I think a very bright day,” Perry said. “Our allies, they […]

US to compete with Russia for European gas market

US to compete with Russia for European gas market

US President Donald Trump has announced that the US will compete with Russia to supply gas to the European gas market, as he eased his stance on Nord Stream 2 following the recent Helsinki summit where Trump and his Russian counterpart held one on one discussions. “We are going to […]

North Sea ready for new wave of exploration

North Sea ready for new wave of exploration

An industry expert from Oil and Gas UK (OGUK) has said the North Sea industry’s focus on efficiency and the success of the previous licensing round was a sign it has a strong future. Mike Tholen, upstream policy director at OGUK, made the remark following the launch of the Oil […]

Trump calls out Germany over Nord Stream 2

Trump calls out Germany over Nord Stream 2

US President Donald Trump has launched a public attack on the EU, describing the bloc of a “foe”, and used the opportunity to express his concerns over the Nord Stream 2 project, ahead of his meeting with Russian President Vladimir Putin. During an interview with CBS News, Trump was asked […]

Norwegian strikes escalate

Norwegian strikes escalate

Norway’s Safe oil and gas union is stepping up its strike efforts, that have lasted six days, after employers failed to respond to demands. According to Reuters news agency, the union is increasing the scale of the strikes by 900 people after the Norwegian Shipowners’ Association did not respond to […]

OPEC tells Canada to build pipelines

OPEC tells Canada to build pipelines

OPEC President Suhail al-Mazrouei has urged Canada to invest in infrastructure to transport oil and gas or risk losing its investment to the US. Earlier this year, the Canadian Government said it would purchase Kinder Morgan Canada Ltd’s Trans Mountain oil pipeline in a bid to ensure the expansion project […]

North Sea tax legislation one step closer to implementation

North Sea tax legislation one step closer to implementation

A draft of new legislation for the introduction of transferable tax history (TTH) for the North Sea oil and gas industry has been published by the UK Government, taking it one step closer to being implemented. Government has said that TTH will be available for all North Sea license transfers […]

Norwegian oil and gas workers to strike

Norwegian oil and gas workers to strike

More than six hundred Norwegian offshore oil and gas rig workers will go on strike on Tuesday, after rejecting a wage deal previously out forward, impacting output of at least one field – Shell’s Knarr. Shortly after the midnight deadline, mediator Carl Petter Martinsen said discussions between trade unions, Safe […]