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The good things happening in Oil & Gas in 2018

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The good things happening in Oil & Gas in 2018

After a turbulent few years for the Oil & Gas industry it’s fair to say that the industry is finally enjoying an upturn in fortunes. 

 

If you have missed what has been happening in 2018 we wanted to share with you some what we believe are some of the good news stories to come out of the sector so far, many of which are driving hiring needs:

 

 

January

 

BP Announces 2 North Sea Discoveries

 

https://www.bbc.co.uk/news/uk-scotland-north-east-orkney-shetland-42884861

 

 

February

 

Shell announces double profits and accepts responsibility for Dutch Quake bill

 

https://www.theguardian.com/business/2018/feb/01/shell-doubles-profits-but-faces-multibillion-dollar-dutch-quake-bill 

 

 

March

 

Record output from USA, Brazil, Canada & Norway keep global markets well supplied

 

https://www.iea.org/newsroom/news/2018/march/record-oil-output-from-us-brazil-canada-and-norway-to-keep-global-markets-well-.html 

 

 

April

 

US Crude supply leads to highest production since 2015

 

https://www.mckinsey.com/industries/oil-and-gas/our-insights/petroleum-blog/us-crude-supply-longer-market-lower-prices

 

 

May

 

FTSE 100 soars driven by Oil firms

 

https://www.theguardian.com/business/2018/may/17/ftse-100-soars-to-record-closing-high-with-oil-firms-among-strongest-risers 

 

 

June

 

Independent US refiners enjoy strong start to 2018

 

https://www.mckinsey.com/industries/oil-and-gas/our-insights/petroleum-blog/north-america-independent-refiners-starting-strong-in-2018

 

 

July

 

BP makes biggest acquisition for nearly two decades

 

https://www.theguardian.com/business/2018/jul/27/bp-to-buy-bhp-us-shale-oil-and-gas-assets-for-105bn

 

 

August

 

Oil drives Canada Economic growth

 

https://www.oilandgaspeople.com/news/17036/oil-drives-canadas-fastest-economic-growth-spurt-in-a-year/ 

 

 

September

 

Exxon Mobil to invest £500million in UK site upgrade

 

https://uk.reuters.com/article/uk-exxon-uk/exxon-eyes-upgrading-uk-refinery-for-more-than-650-million-idUKKCN1LR1KG 

 

 

If you are an Oil & Gas professional that seeks employment or employees of a project or engineering nature please visit our website for details of how to get in touch https://www.talascendint.com/contact/manchester