The tightness in global oil markets that propelled prices to a seven-year high is starting to ease as production recovers in the U.S. and elsewhere, the International Energy Agency said.
After nearly two decades leading the sector, Subsea UK has officially become the Global Underwater Hub as focus increasingly turns to global export opportunities.
Vulcan Completion Products, of Westhill, near Aberdeen, is celebrating new contracts worth £1.5 million as it joins more than 2,000 other exhibitors at the Adipec energy show in Abu Dhabi.
The fishing industry has a key role to play in the energy transition amid a “spatial squeeze” in Scottish waters.
Oil giant Shell is planning to move its headquarters from the Netherlands to the UK, pending a key shareholder vote next month.
Former Petrofac boss Ayman Asfari has increased his holdings in the company, as part of a £200m share offer to pay debt and bribery fines.
The Prime Minister has said COP26 "sounded the death knell for coal power", but his delight at any progress made at the Glasgow summit is "tinged with disappointment".
A new survey finds that more than half of Scottish businesses are committed to achieving net-zero, but that costs will affect the bottom line amid pandemic recovery.
The deletion of a single word in the latest draft of the climate deal being negotiated at the COP26 climate conference signals a surprisingly ambitious move to keep global warming below 1.5 degrees Celsius.
Seaway 7 has secured a contract for the transport and installation of monopile foundations and transition pieces on the third phase of the Dogger Bank Offshore Wind Farm.
Harbour Energy’s intention to offload its stake in the controversial Falklands Islands project shows E&P companies’ increasing wariness of new and remote oil markets, according to GlobalData.
BP executives Starlee Sykes and Al Vickers have a lot in common as a married couple of seven years.
As the host of the landmark COP26 summit, the UK has an important role to play as a world leader in tackling climate change. Our energy industry is no exception.
A new study finds that tidal stream power could reach 11.5 GW of installed capacity by 2050, but that time is of the essence if this resource is to be realised.
France has joined a group of countries and states that support fixing a date to end fossil fuel exploration, putting its name to an initiative that was snubbed by the UK.
A new decommissioning steering group launched by trade body Oil & Gas UK (OGUK) will lead the sector in delivering safe and environmentally sound decommissioning, while meeting decarbonisation goals.
Aberdeen harbour has received more than £400,000 from the Department for Transport to fund a joint demonstration project aimed at providing shore power within the existing north harbour.
Energy players sign up to drive project to create a low-carbon energy hub for London and the South East.
North Star Renewables has cut steel on the first two of a hybrid-powered vessel fleet due to set sail for the Dogger Bank wind farm.
Aberdeen and Grampian Chamber of Commerce (AGCC), recruitment company Ducatus Partners and energy logistics firm Asco Group have all made key appointments to help drive forward their ambitions.
BP (LON: BP) and Aker (OSLO: AKER) have successfully offloaded a 5% stake in their Norwegian joint venture.
Global Energy Storage (GES) plans to develop an industrial site at Rotterdam to create storage and production capacity for a range of low-carbon fuels and chemicals.
The Crown Estate has published further details on its plans for a floating wind leasing round in the Celtic Sea, for delivery from 2030.
World leaders have been urged to help negotiators get a climate deal over the line as Cop26 entered the final 48 hours of scheduled talks.
‘Operation Zero’ bid to accelerate the decarbonisation of North Sea operations and maintenance (O&M) vessels could generate more than £4 billion for UK firms.
