Why UK petrol prices aren’t plunging with oil price
Ask any UK driver about the soaring price of petrol and they’ll probably tell you something like this: prices always rise with oil, but they never seem to track it lower.
Ask any UK driver about the soaring price of petrol and they’ll probably tell you something like this: prices always rise with oil, but they never seem to track it lower.
V12 Footwear is a safety footwear company that has been manufacturing industry-leading safety boots for over 20 years and has a future-focussed approach to better protect its wearers.
Andrew Austin has a track record of dealmaking in the North Sea and has now set his sights on independent Serica Energy (LON: SQZ).
The take-up of office space in and around Aberdeen has reached its highest level in seven years, new industry figures show.
A major engineering and design contract has been awarded for what is expected to become Scotland’s first carbon capture-enabled power plant at Peterhead.
Over 100 leaders representing more than 20,000 people living and working in the north-east have signed a letter calling for a green freeport to be based in Aberdeen and Peterhead.
Port of Leith has signed a marshalling deal for the giant Morven wind farm from BP and EnBW to be built in the North Sea.
EnerMech is today announcing new contracts worth a total of more than £107 million for work in Africa, the Middle East and Caspian region.
Serica Energy (LON: SQZ) has issued a lengthy statement denouncing the bid from smaller rival Kistos (LON: KIST) as “significantly undervaluing” the company.
ConocoPhillips (NYSE: COP) has received approval from UK and Norwegian authorities for a £1 billion cross-border field in the North Sea.
Should offshore wind be measured in knots or watts? At Equinor, we measure it in gigawatts. When completed, Dogger Bank offshore wind farm could provide the UK with 3.6GW of electricity – enough to power 5 million homes. See how we’re accelerating the UK energy transition at equinor.co.uk
A pioneering offshore wind firm has unveiled details of its multi-billion pound INTOG plans; aimed at decarbonising “every platform” sitting in Scottish waters of the North Sea.
The UK plans to announce in the coming days whether it will extend a windfall tax to electricity generators -- a difficult task as the government tries to help consumers struggling with inflation while also supporting renewable energy.
Oil majors Shell, BP, TotalEnergies and independent Harbour Energy are nearing a concept selection for electrification of several North Sea platforms.
At Equinor, we plan to send them 1km below the seabed. Carbon emissions from the Humber and Teesside regions will be captured and safely stored beneath the North Sea. See how we’re accelerating the UK energy transition at equinor.co.uk.
Norway’s Ulstein is on a roll with Dutch company Acta Marine, with two more offshore wind support ships to build with a further pair on option.
Stockbrokers have placed a £33.5 million valuation on an oil discovery in the Central North Sea.
Shares in energy giant Shell (LON: SHEL) jumped 3% after it said it will reverse previous write-offs worth up to £3.8 billion this quarter.
Bidding for the UK’s first ever carbon storage licensing round has opened amid a high level of interest.
It’s not often an entire train of thought is triggered by a report on an unusual event in the world of ornithology.
North Sea industry leaders are seeking an urgent meeting with the new Chancellor, Nadhim Zahawi, on the windfall tax.
Today marks the 34th anniversary of the Piper Alpha disaster that claimed the lives of 167 people working in the North Sea. A service was held at Aberdeen's Hazlehead park memorial gardens to remember those lost in the tragedy.
Development pledges and new policing powers on CCUS, hydrogen and decommissioning have been unveiled in the UK Energy Security Bill, marking the “biggest reform” of its kind in a decade.
Eastern Australia is experiencing a severe power crisis, which is largely the result of poor government planning, and serves as a reminder to other nations of the dire consequences that stem from failing to develop a pragmatic energy policy.
“If you think it’s expensive to hire a professional to do a job, wait until you hire an amateur.”