Shares of Chevron and Hess slipped after Exxon Mobil said it’s considering a move that could break up the companies’ $53 billion merger and increase its share of Guyana’s giant offshore oil reserves.
Orcadian Energy has published further details on its development plans for new licences, including at Fynn Beauly where it hopes to use geothermal heat to help produce heavy oil.
BP is showing signs of a pivot back toward oil and gas that should boost returns, but is doing it too quietly to benefit its share price, according to activist investor Bluebell Capital Partners.
Gordon Brown says that the development of an interconnected ‘supergrid’ linking North Sea nations and powering wind, hydrogen and oil and gas is “an idea whose time has now come”.
Life begins at 50. To be precise – a second life.
A supply chain expert has warned that including a Chinese turbine maker in Scotland’s strategic investment plans for offshore wind would be a threat to energy security.
Chief Executive Officer Christian Bruch faced the ire of Siemens Energy shareholders looking for answers in their first opportunity to directly question the CEO since quality problems at the company’s Gamesa wind-turbine unit spiraled into record losses.
New analysis by Wood Mackenzie has forecast the financial impact of Labour's windfall tax proposals, warning that key CCS and wind projects could grind to a halt.
“Instead of waiting for the government like everyone else is doing, we're being proactive and just getting on with it."
Carbon Circle UK has appointed Scott Robertson as its general manager, as the venture looks to support the UK’s growing roster of energy transition projects.
The first minister and Labour leader Anas Sarwar traded claims and insults as the 'traitors' row boiled over at Holyrood.
Mermaid and MCS Subsea have signed a provisional deal to work on EnergyPathways Marram gas development in the East Irish Sea.
The head of Danish energy giant Orsted says the US is an attractive place to build new offshore wind farms even after inflationary shocks devastated the sector over the past year.
Wintershall Dea saw profits fall while production remained steady, in a year of ‘macroeconomic headwinds’.
Repsol will increase its dividend by 29% and buy back more shares, following the trend set by most other major oil companies of rising shareholder returns despite lower profits.
Workers at the Grangemouth oil refinery have slated the Scottish and UK governments over failures to develop plans to help protect hundreds of jobs at the complex.
A new survey of early-career workers suggests nearly half the general population would not consider a job in oil and gas, as industry leaders ponder how to plug a looming skills gap.
The UK will pull out of a controversial post-Cold War energy treaty after talks to bring the accord in line with the country’s climate goals stalled.
Apache missed analyst estimates in the final quarter of the year after a slide in North Sea production caused by outages at key fields.
Drillers will “undoubtedly be considering moving more rigs elsewhere” if offered higher rates and longer time frames, analysts say.
An exodus of drilling rigs from the North Sea could curb plans to drill the hundreds of wells needed to make the basin’s carbon storage ambitions a reality.
Unite has welcomed a new wage deal on behalf of members working for Equans FM at the Sullom Voe terminal on Shetland.
A number of strike dates have been announced for Bristow helicopter workers next month.
More than 50 Global E&C staff in Aberdeen are set to work on the project.
The board of Orsted selected Lene Skole to take over as chair as the company’s management navigates a turnaround plan following heavy losses in its US offshore wind business last year.
