UK in £1 billion fibre and 5G lottery – ENTER NOW!

2016-11-28T15:09:48+00:00November 28th, 2016|Uncategorized|

After months of what looked like empty rhetoric, the UK government is finally getting its act together and will announce a £1.1 billion investment lottery for fibre and 5G. There has been a tonne of noise recently coming from the government and top dudes in the industry lamenting the UK’s allegedly ‘crap’ [...]

STR Announce Agreement with Guidance Marine to Supply their Range of Position Reference Sensors

2016-11-25T11:39:42+00:00November 25th, 2016|Uncategorized|

Subsea Technology & Rentals Ltd (STR); global specialists in the design, manufacture and rental of advanced subsea technology for the offshore energy industry has announced an agreement with Guidance Marine to supply their range of position reference sensors for Dynamic Positioning (DP). Guidance Marine is a leading global developer and [...]

Energy Transfer MLPs Sunoco Logistics And ETP To Combine

2016-11-23T11:10:05+00:00November 23rd, 2016|Uncategorized|

Nov 21 (Reuters) - Pipeline companies Sunoco Logistics Partners LP and Energy Transfer Partners (ETP), both of which are controlled by general partner Energy Transfer Equity LP, said on Monday they would combine in a corporate consolidation to cut borrowing and operating costs. ETP is the main company behind the [...]

BT share price: Boss warns indecision over Openreach is costing UK

2016-11-21T16:02:59+00:00November 21st, 2016|Uncategorized|

BT Group’s (LON:BT.A) chief executive has warned that indecision over the future of the company’s network division Openreach is costing the UK economy, The Telegraph has reported. In a separate development, the Financial Times has revealed that the former telecoms monopoly has the second-worst funded pension scheme in the world. [...]

Iraq’s Oil Contracts Make Joining OPEC Output Cut More Painful

2016-11-18T14:25:45+00:00November 18th, 2016|Uncategorized|

LONDON/BAGHDAD, Nov 18 (Reuters) - Iraq would have to compensate international oil companies for limits placed on their production, according to industry sources and documents seen by Reuters, further reducing the prospect it will join any OPEC deal to curb the group's output. The compensation - stipulated in contracts - [...]

Some OPEC Ministers Likely To Meet In Doha On Friday

2016-11-16T12:35:56+00:00November 16th, 2016|Uncategorized|

ALGIERS, Nov 16 (Reuters) - A number of energy ministers from OPEC oil-producing countries are likely to meet informally in Doha on Friday to try to build consensus over decisions taken by the full group in September in Algiers, an Algerian energy source said. At the September meeting, OPEC agreed [...]

TrueSpeed Hints At Expansion of FTTP Broadband to More UK Counties

2016-11-14T14:06:02+00:00November 14th, 2016|Uncategorized|

Fibre optic ISP TrueSpeed has hinted to Ofcom that its 150Mbps Fibre-to-the-Premise (FTTP) broadband network, which is currently rolling out to parts of the Chew Valley in rural North East Somerset (England), could also be expanded into Devon, Wiltshire, Herefordshire and Gloucestershire. The provider has already deployed into the village [...]

European Industry Says Trump Must Define Energy Policy

2016-11-11T11:39:54+00:00November 11th, 2016|Uncategorized|

Donald Trump's victory in the U.S. Presidential Election will likely be good for European oil and gas firms that operate in the United States, according to media reaction across the Atlantic. However, the industry itself has begun calls for the President Elect to define a clear energy policy. European press [...]

Chevron Starts Production at Alder 40 Years After Discovery

2016-11-09T10:47:55+00:00November 9th, 2016|Uncategorized|

Chevron North Sea Limited announced Monday that it has started production at the Alder field in the central North Sea, more than 40 years after it was first discovered. "First gas at Alder represents a significant milestone for Chevron and highlights our commitment to investing and developing resources in the U.K.,” said Greta [...]

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