Members of the United Steelworkers Union have been striking since February 1st after it failed for the fifth time to reach agreement on a three-year contract with major oil companies.   The USW says following talks with Shell, the lead negotiator for the oil industry, it has managed to secure many of its demands in…

For the first time in years there is now a sense that the North Sea is not a ‘cash cow’ to be milked by governments. As the BBC reports, “the Greek proverb says when milking a cow be careful not to pull the udders off”. Indeed, over the past few months, thousands of jobs have…

Despite the ongoing slump in oil process and growing in-fighting, Abdullah el-Badri remains committed to the path the group began to chart last year and believes it will lead to a better time for the industry in the future. You’ll remember back in November 2014 all eyes were on the OPEC conference, as oil prices…

Well, there’s a damned good reason for it. This happened last year. Remember Nordic Offshore? Last year the company went bankrupt and into administration. Precise Consultants had a freelancer who had just completed a lengthy job for them and was owed many thousands of pounds. But he never knew anything about the financial trouble that…

“Essentially the purpose of any new legislation is to help the UK Government streamline tax collection processes, and of course generate more revenue from the UK taxable population and National Insurance contributors. “This new legislation gives wide ranging powers to UK tax authorities in respect of holding agencies liable for any UK tax payable by…

The commodity in question is Canadian oil sands crude. There are plans for a vast pipeline that would transport more than 800,000 barrels a day to Nebraska en route to refineries and ports along the US Gulf Coast. It’s been controversial ever since President Obama took office six years ago, as he has consistently refused…

Let’s set the scene. Deep, deep down on the sea floor, according to researchers Helen Rosenbaum and Natalie Lowrey (Deep Sea Mining – the Pacific experiment), “ lie thousands of hydrothermal vent formations…like underwater hot springs, spouting black clouds of metal sulphides. The foci of Deep Sea Mining are the deposits laid down over thousands…

Another share purchase, another takeover denial but when will Boskalis stop buying pieces of Fugro if it doesn’t want to own it? That’s the question analysts are asking after the world’s largest owner of dredging fleet made a second increase in the oil services company’s shares in less than three months, and now owns just…