Scotland offers more support for energy sector

Daniel J. GraeberABERDEEN, Scotland, Feb. 2 (UPI) — Following plans to help energy workers with new training, the Scottish government said it was offering support to protect oil and gas companies from risk.

Oil squeezing Oklahoma’s budget

Daniel J. GraeberOKLAHOMA CITY, Feb. 2 (UPI) — State agencies in Oklahoma may be facing budget cuts of at least 10 percent in part because of the pressure from lower oil prices, the governor said.

Leviathan gas to supply Israeli market

Daniel J. GraeberTEL AVIV, Israel, Feb. 1 (UPI) — The partners controlling the Leviathan gas field off the Israeli coast announced they signed a deal for deliveries to a local electricity producer.

Total signs agreement with Iran

Daniel J. GraeberPARIS, Jan. 29 (UPI) — French energy company Total said it signed a framework agreement to purchase crude oil from Iran during the Iranian president’s trade visit to Paris.

Baker Hughes posts hefty loss

Daniel J. GraeberHOUSTON, Jan. 28 (UPI) — Oilfield services company Baker Hughes said results for the fourth quarter of 2015 reflected what the company’s CEO said was an “extremely” rough climate.

New partners in British offshore wind

Daniel J. GraeberLONDON, Jan. 28 (UPI) — A consortium steering wind farm development off the British coast said two new partners are on board to help build the 336 megawatt Galloper Wind Farm.

Shell shareholders approve merger with BG Group

Daniel J. GraeberTHE HAGUE, Netherlands, Jan. 27 (UPI) — More than 80 percent of shareholders in Royal Dutch Shell voted in favor of combining with British energy company BG Group, the Dutch supermajor said.

Bill Barrett Corp. weighing 2016 options

Daniel J. GraeberDENVER, Jan. 27 (UPI) — Bill Barrett Corp., which focuses on Colorado shale, said it was weighing its options for 2016 after reported a 9 percent decline in 2015 capital expenditures.

Scotland wants tax support for North Sea energy

Daniel J. GraeberEDINBURGH, Scotland, Jan. 27 (UPI) — The Scottish government said it would call on its British counterparts to create a favorable climate for North Sea investments in exploration and production.