North Sea ile ilgili hikayeler

• The UK economy fell short of expectations in August, contracting 0.3% from the month prior as the cost of living crisis contributed to a sharp fall in manufacturing production and consumer services, suggesting the economy may already be in recession. Maintenance in the North Sea pushed down oil and gas production, which was a further drag on industrial output, according to data published by the Office for National Statistics. via FT

13 Eki 2022

• The UK government will cap domestic energy prices for homes and businesses to ease a cost-of-living crisis, new PM Liz Truss announced Thursday. Truss said the two-year “energy price guarantee” means average household bills for heating and electricity will be no more than £2,500 (€2,900) a year, which were due to rise to £3,500 (€4,000), an 80% jump from the current average annual bill of £1,971. via BBC Furthermore: PM Truss also said she will approve more...Devamını Oku

09 Eyl 2022

• OPEC+ raised its oil production in the smallest increase since 1986 in absolute terms and the smallest ever increase in percentage terms, with only 100,000 extra barrels a day in September, despite months of diplomatic efforts from US President Joe Biden to help cool prices. There were no discussions about whether the cartel would keep increasing production in subsequent months, delegates said. The group meets again on Sept. 5. Paris: French utility EDF said cuts ...Devamını Oku

04 Ağu 2022

• Norway's oil and gas output to be cut, with Norway’s state-backed energy company Equinor initiating a shutdown of three fields in the North Sea as offshore workers demanding wage hikes to compensate for rising inflation begin a strike amid 4-month high oil and gas prices. Union members rejected a pay rise offer of 4% to 4.5%. via Financial Times The quote: The strike will have "a substantial impact on gas exports," costing Norway about a 13% loss in daily g...Devamını Oku

06 Tem 2022

• British regulators gave Shell final approval to develop a new North Sea gas field, while Germany and the Netherlands announced a joint gas exploration project in the North Sea that could start gas flows in less than two years, as European countries struggle to find alternatives to Russian natural gas. A step back: Gazprom halted the flow of gas to Dutch trader GasTerra on Tuesday, along with several other European customers, after they rejected Moscow's demands t...Devamını Oku

03 Haz 2022

• Dutch ING Group said it will no longer fund gas and fuel projects, committing to a call from the IEA to halt fossil fuel investments in order to cap global warming at 1.5°C. Meanwhile in the North Sea: BP is looking to sell its Foinaven oilfield in the North Sea, where it halted operations in 2021 after 25 years despite some 200 million barrels of oil reserves remaining at the site .

24 Mar 2022