Page 6 - Digging Crew News Today

US petrol prices dropped in early December to below the levels seen a year ago with the slide in international crude oil prices to below $80 per barrel—the lowest level in a year.

A landmark oil and gas workforce publication makes its return today following a four-year break.

Plans by North Sea operators to review investments in the UK after the hike in the Energy Profits Levy, meetings of the industry and government on energy security and investment, strikes on offshore platforms, and several contracts for field upgrades featured in the UK North Sea oil and gas industry over the past month.

Ruth has led the Energy Resourcings UK operations for around two years, since the consolidation of Primat Recruitment and Energy Resourcing in 2021.

Pipeline technology specialist STATS Group has been commissioned by UAE-headquartered oil and gas EPC contractor National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company, on behalf of a National Operating Company, to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project.

President-elect Luiz Inacio Lula da Silva has selected a senator and former Petrobras official to lead Brazil’s state-controlled oil company, with the aim of turning it into a renewable energy powerhouse.

Neptune Energy today announced it has signed a Memorandum of Understanding with Ørsted and Goal7 to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity.

The energy industry, which has always paid special attention to risk management to ensure safe and reliable operations of oil and gas assets, has faced this year new challenges in managing risks after the Russian invasion of Ukraine.

Oil and gas field developments offshore Norway, the UK windfall tax on low-carbon electricity generators, and many low-carbon energy deals marked the last month in Europe’s energy sector.

US oil and gas producers and refiners reported strong third-quarter results, drawing renewed criticism from President Joe Biden, while inventories of distillate fuel in America are at their lowest in decades just as the winter heating season begins, and US oil supply growth could be lower than earlier estimates.