Aker Solutions and Petrofac union members to strike over ‘hated’ rota change

February 22, 2019, 3:21 pm

FTSE 100 dragged lower by Rolls-Royce, National Grid and BP

London’s blue-chip FTSE 100 Index fell 106.54 points, or 1.73%, to 6,049.62 as Covid-19 continued to weigh heavily on the world’s leading financial markets today.

North Sea job cuts rise to 7,500

More than 7,500 oil and gas workers have lost their jobs since the onset of the coronavirus crisis and tens of thousands more could go, industry leaders have warned.

Shell eyes $2.2 billion divestment from giant Indonesia gas project

Shell is pushing ahead with plans to divest its share of the giant Abadi LNG project in the Masela Block offshore Indonesia.

Mammoet completes lift work at Dangote plant

Mammoet has begun demobilising its heavy-lift equipment at the Dangote Refinery complex, in Nigeria, although the plant is now expected to start up in late 2022.

Ofgem plan could ‘hinder green recovery’, energy bosses warn

The bosses of some of Britain’s biggest energy companies have warned that Ofgem could get bogged down in a lengthy battle over a plan they believe will set back the UK’s drive to build a green recovery after the coronavirus crisis.