Isles MP Alistair Carmichael said he is at a loss as to how to answer constituents wondering why a Russian state-owned oil tanker is allowed to load at Shetland on the same day Russia has invaded Ukraine.
Boss of Aberdeen Grampian Chamber of Commerce Russell Borthwick has welcomed news that the door has been left open for further North Sea drilling as uncertainty over gas supplies increases due to the Russia-Ukraine crisis.
BP, Wintershall DEA and IOG are among the North Sea firms which are monitoring UK Government sanctions against Russia, and could be impacted as tensions escalate.
Consultancy Crondall Energy has been awarded a share of a £6.7 million UK Government pot to try to use North Sea infrastructure to solve the puzzle of energy storage.
Equinor has put pen to paper on a contract with Altera Infrastructure to use the Knarr FPSO at the Rosebank field in the West of Shetland.
Aberdeen-headquartered energy services firm Tendeka has been acquired by Saudi Arabian oilfield services company TAQA.
Scotland will take “more than its fair share” of a surging Blue Economy opportunity, which is expected to be worth $3 trillion globally by 2030, the Scottish trade minister has said.
A ScotWind-style auction will be launched this year for offshore wind projects to power oil and gas platforms in the North Sea.
Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces” to the two breakaway areas of Ukraine that he officially recognized on Monday.
Scottish Government ministers have been challenged to set out how they will spend a £500 million energy transition fund to help the north-east shift from fossil fuels.
Offshore driller Valaris (NYSE: VAL) said its “transitional period” post-Chapter 11 bankruptcy will continue into the second quarter of this year as it deals with costly rig reactivations.
Wood (LON: WG) expects to take a one-time $100 million charge in relation to a legacy Amec Foster Wheeler defence contract, Aegis Poland.
Scotland would be up to £6.7 billion better off with investment in carbon capture technology, the energy minister has said.
Anasuria Hibiscus and partner NEO Energy are moving forward with plans for the Teal West project in the UK North Sea on an “accelerated schedule”.
Storm Eunice has hampered efforts by Perenco and IOG to get the latter's flagship North Sea project to first gas.
Aker BP is actively looking to purchase more assets or companies operating in Norway’s lucrative oil and gas sector, according to Oyvind Eriksen, chief executive of the firm’s parent company.
Aberdeen-based oilfield services firm Enerquip has hailed a landmark move into a new market with its first ever contract to supply equipment to Uganda.
Eni has picked six more banks to work on the initial public offering (IPO) of its retail and renewables unit Plenitude, which could be valued at about 10 billion euros ($11.3 billion), according to people familiar with the matter.
Aberdeen has seen the smallest growth in wages in the UK in the past eight years, new research has revealed.
A former oil and gas worker says soaring energy bills and the cost of living crisis means he has to go without food and showers just to get by.
Dozens of flights going to and from North Sea oil and gas installations have been impacted as Storm Eunice hits the region.
The Piper Bravo platform is being moved ahead as the preferred option to develop a joint Hibiscus and Ithaca Energy project in the North Sea.
This year’s Courier Business Conference will focus on the energy transition with a host of top speakers.
Aker Solutions will create 200 UK jobs this year as part of a drive into renewables and low carbon oil and gas projects.
The former boss of BP, Lord Browne, has set out fears for the natural environment as the price of oil nears $100 a barrel.
