-
Shell to close final salary pension scheme
January 9th, 2012The global oil and gas company has announced it will be closing its final salary pension scheme in 2013.
Read the rest of this entry »
Royal Dutch Shell has declared that from the first quarter of 2013 it will offer a defined contribution pension plan for its employees. Those that are currently involved in the existing plan, and those that join it [...] -
FUEL WORKER HIKE
February 28th, 2011Oil and gas workers on the rise as new fields get to work.Despite the money being poured into renewable energies, recruitment in oil and gas is still marching on.
Read the rest of this entry »
The renewed optimism among the sector, and continuing rise in opportunities, has been hihglighted in a Daily Telegraph supplement today as well.
It is expected over [...] -
BP PLEDGES FULL SUPPORT FOR DEEPWATER HORIZON PROBES
April 28th, 2010www.bp.com
Read the rest of this entry »
BP today announced its support for and cooperation with U.S. government investigations arising from the sinking of the Transocean drilling rig Deepwater Horizon in Mississippi Canyon Block 252 (MC252) in the Gulf of Mexico.
“Losing 11 of our industry colleagues is a tragedy for the offshore community,” said BP Group Chief Executive Tony Hayward. “As an [...] -
Oil price rally boosts Shell earnings
April 28th, 2010www.digitallook.com
Read the rest of this entry »
The recovery in the oil price helped oil giant Royal Dutch Shell post a forecast-beating rise in earnings in the first quarter of 2010.
Earnings jumped to $4.9m on a current cost of supplies (CCS) basis, from $3.3bn over the same period the previous year. This was well ahead of expectations of about $4.2bn. The [...] -
Search For Workers Missing After Oil Blast
April 22nd, 2010Sky News Online
Read the rest of this entry »
A huge air and sea rescue operation has been launched in the Gulf of Mexico for at least 11 oil workers missing after an explosion on a rig Crew members from the Deepwater Horizon semi-submersible oil rig jumped into the water to escape as balls of flames shot into the night sky.
Fifteen [...] -
BHP Billiton has ‘fessed up to possibly breaking US anti-corruption laws on some of its exploration projects.
April 21st, 2010www.digitallook.com
Read the rest of this entry »
BHP Billiton uncovers corruption breaches
BHP Billiton admitted today that it may have broken US anti-corruption laws in some of its its exploration projects.
In a statement from its exploration arm, the miner said that following requests for information from the US Securities and Exchange Commission as a part of an informal investigation it uncovered “possible [...] -
BP to go ahead with oil sands investment – report
April 15th, 2010NEW YORK (Reuters) – BP Plc (BP.L) will signal at its annual general meeting on Thursday that it will press ahead with its plan to invest in Canada’s oil sands, according to the Financial Times.
Read the rest of this entry »
More than 140 investors, including California state pension funds Calpers and Calstrs, have backed a resolution calling for BP to review [...] -
BP eyes new Indonesia oil exploration
April 14th, 2010www.bbc.co.uk – April 2010
Read the rest of this entry »
Several oil companies, including Inpex Corp of Japan and BP are looking for new oil and gas exploration blocks in Indonesia, an official at Indonesia’s mines and energy ministry said on Wednesday. Skip related content
Price by
PriceStock prices Company name Last price Percentage change
BP 643.10 +2.40
ConocoPhillips Common Stock 56.39 +0.72
TALISMAN ENERGY 17.28 -0.18
BP [...] -
‘Record sales’ for oil and gas suppliers
April 14th, 2010www.bbc.co.uk – April 2010
Read the rest of this entry »
Sales by Scottish firms supporting the oil and gas sector reached a record of £15bn in 2008-09, a report says.
The survey examines the performance of Scottish-based firms supplying products and services to oil and gas companies.
It suggested revenue increased by more than 8% on the previous year, reaching a total of [...] -
Ireland Gets Much-Needed IBM Smart City Investment
April 14th, 2010The Emerald Isle could receive an economic boost from a new IBM facility focused on smarter infrastructure.
Read the rest of this entry »
The struggling Irish economy could benefit from up to 200 new jobs created as part of a new IBM Smarter Cities Technology Centre being built in Dubin.
The centre, announced this week, is being funded to the tune of around [...]