More than 5 million households are to see their energy bills rise by around £57 a year after the regulator announced it was hiking a price cap aimed at protecting vulnerable and pre-payment customers.
Aker Solutions have confirmed investment in floating wind power technology company Principle Power, aiming to share sector knowledge of floating energy.
As the Johan Sverdrup development in the North Sea is nearly 70% complete, Aker BP and Statoil have announced that the partnership has increased in value.
The Prince of Wales and Duchess of Cornwall will officially open a new electricity superhighway supplying power to the capital from deep below London’s streets.
Bowing to student, staff and alumni pressure, the University of Edinburgh has announced that it will ‘transition out’ of fossil fuel investments within three years.
Aberdeen-based McMenon Engineering Services, a subsidiary of McMenon Associates, has today announced the purchase of ABB’s manufacturing base at Workington, Cumbria.
Major oil field services player Weatherford International is still reeling on Wall Street after posting a big financial loss amid its new leadership's efforts to scale back and right the ship.
Data released today by wind energy policy group, Wind Europe, has recorded a 25% increase in offshore wind in 2017, with the UK a significant contributor to the growth.
Aberdeen-headquartered firm Petrofac has today announced a significant multi-million dollar contract for the next phase of Tullow Oil’s Thames Decommissioning project.
The resurgent North Sea oil and gas industry is poised to pay more than £1billion in tax this year – and the SNP has called for the cash to be reinvested in the sector.
More than 800 jobs across the UK have now been axed at collapsed construction giant Carillion, including workers building Aberdeen’s long-awaited western bypass.
Aberdeen-based John Crane Asset Management has won a major US contract which will see the firm provide a Texas oil refinery with condition-based maintenance (CMS).