OEG moves to disentangle itself from Russian oil tycoon
North-east firm OEG Group has moved to distance itself from the multibillionaire Azerbaijani founder and president of Russian energy firm Lukoil.
North-east firm OEG Group has moved to distance itself from the multibillionaire Azerbaijani founder and president of Russian energy firm Lukoil.
BP is trying to block development of part of a giant wind farm in waters off England’s east coast, according to Denmark’s Orsted.
“Scotland will become the offshore wind capital of the world, I think that’s inevitable,” says Martin Dronfield, chairman of the East of England Energy Group (EEEGR), "but the East of England can and will become the integrated energy exemplar in the UK.”
While oil and gas producers in the UK North Sea, especially, have failed to come up with a live carbon capture and storage operation offshore, companies in Norway and Holland have already succeeded in developing a viable CCS system for shipping.
A decision is finally on the way for whether Shell will be allowed to leave the giant platform legs of the Brent field in the North Sea forever.
The chief executive of Shell has said no one will be fired for a controversial purchase of Russian crude oil last week and that he would take personal responsibility for it, according to people with direct knowledge of the matter.
The UK has imposed sanctions on the chief executives of Russian energy giants Rosneft and Gazprom.
Shell CEO Ben van Beurden has taken home a whopping £6.1 million pay package following an “impressive financial performance for the oil giant”.
The second episode of Bigger Faster Better explores the future of hydrogen and compares how this crucial low-carbon technology is developing in the UK and the United Arab Emirates (UAE).
In the wake of COP26 in November last year, the need for a skilled and well-trained workforce to deliver the transition to renewable energy has been recognised globally.
While energy production is at the forefront of many energy transition discussions, moving that energy around is equally important.
A global technology company that specialises in emergency response has seen a period of significant growth leading up to the launch of its latest SaaS product that has been designed to ensure energy companies can successfully manage any incident or crisis they are faced with.
Years have passed since the last exploration well was drilled in the Southern North Sea, and Deltic Energy is hoping to lead a fresh wave of activity.
It is our responsibility to foster the interest and enthusiasm in young people for a career that will continue to sustain our industry with the skilled workforce it will need in the decades to come.”
A day after saying it would quit buying Russian crude, Shell was bidding at high prices for barrels produced North Sea oil -- in what may give an early indication of the cost of the switch.
A new joint venture between Bilfinger and Global E&C has welcomed 400 new employees as it kicks off business.
Losing ScotWind bidders are “likely” to get another shot at offshore wind acreage through a clearing round.
Minnow Pandion Energy is to more than double its daily production after buying the Norwegian operations of ONE-Dyas.
Oil giants should spend their billions of windfall profits on transition, not shareholder returns, according to the former CEO of Wood Group.
There are those that only talk about Net Zero – the “talkers”, those that are forever preparing Net Zero plans and studies – the “ditherers”, and those who are really getting on with implementing genuine Net Zero – the “doers”.
The North Sea is a very busy place. But even as late as the 1980s, it could seem huge when out there in a yacht, racing or cruising because sightings of fishing vessels, merchant shipping and oil & gas platforms could be quite rare.
If net zero CO2 by 2050 is the question, what is the answer? It’s something countless organisations, people and governments have been discussing since targets were set; how do we achieve this target quickly and sustainably.
Diversity and inclusion (D&I) has been on the agenda for many years now with legal obligations to protect individuals with certain characteristics since the 1960s.
Reach back 20 years and there was much excitement about the idea that renewables would kick open the doorway to distributed energy; the notion that power generation would be somehow spread equitably throughout the land and be friendly.
A North Sea oil and gas worker has emerged through an “up and down journey” of furlough and frustration to being nominated at a national awards for Scotland’s top apprentices.