Halting methane releases is one of the most effective ways for the oil and gas industry to combat climate change. An International Energy Agency report released Tuesday also suggests it’s one of the cheapest.
Saipem (BIT: SPM) has been awarded a pair of offshore drilling contracts worth a total of $550 million.
Beleaguered North Sea operator IOG (LON: IOG) has cancelled a rig contract and suspended drilling plans in order to focus on rebuilding its balance sheet.
Executives at Capricorn Energy (LON: CNE) will tell a shareholder AGM today that it “continue(s) to pursue the potential sale” of its North Sea business.
Ambiguity has been highlighted once again over Labour plans for North Sea energy policy.
Documents have set out in detail the location and proposals for the solar farm and production facility in the south of Aberdeen.
Dolphin Drilling is contemplating a private share placing in order to finance the $60m deal.
A look ahead to Rosebank's approval and the process to getting there.
Skerryvore is slated for 2024, the Devil’s Hole is on the way, the Bens disappoint, but there’s been some high-impact success too.
The CCS and hydrogen process will require hundreds of millions of pounds of investment and is estimated to create nearly 200 new jobs over coming years.
As existing licences will be respected, Wood Mackenzie says a ban on new exploration would be “largely symbolic”.
Firm seeks to expand production six-fold through North Sea acquisitions
Decommissioning work has started which will finally close the chapter on the decades-old oil terminal at Nigg, operated by Repsol Sinopec Resources UK (RSRUK).
Former Labour leader Ed Miliband is to pledge that the party's clean energy plan will deliver "clean, affordable power and good jobs for Britain".
Gillian Martin said offshore wind is “the greatest economic opportunity of recent times”.
The Tories were keen to criticise Labour leader Sir Keir Starmer after he appeared to soften his position on domestic oil and gas production.
IKM recently provided onshore infrastructure support for the new 882-megawatt Moray West offshore wind farm.
Notwithstanding all the rhetoric, pledges and promises, 27 COPs, as well as genuine progress and notable effort in some areas, the global energy mix has not really changed from an 80:20 fossil fuel to renewables ratio over the last 30 years.
Staff likely to relocate into The Capitol next month.
A new OWIC report has set out that the UK offshore wind sector is expected to have in excess of 100,000 workers by the end of the decade.
"Those who think we should somehow simply end domestic oil and gas production in Britain are wrong."
Shell (LON: SHEL) will increase its dividend per share by 15% in the second quarter of the year and reduce spending elsewhere as part of CEO Wael Sawan’s Capital Markets Day pitch in New York.
UK based technology company Viper Innovations continues to strengthen international growth opportunities with the announcement of its new US based corporation.
Troubled Southern North Sea operator has seen its share price plunge 40% in the last week
Wael Sawan, the new CEO of Shell (LON: SHEL), is adamant that the oil giant is undervalued compared to its US peers. Now he’s heading to New York in an effort to prove it.