A historic crash in oil prices and fallout from the coronavirus pandemic will accelerate asset sales in the Middle East and open up a gap for sovereign wealth funds to make “opportunistic investments,” according to HSBC Holdings Plc.
There is no “utopian answer” to meet the UK’s 2050 net zero goal as the solution will require a “whole host of technologies”, the boss of a utility giant has claimed.
Energy giants Equinor and SSE Renewables have selected the Port of Tyne as their operations and maintenance (O&M) base for the construction of the world's largest wind farm.
A host of Scottish Highland and Island clean energy firms have made the shortlist for this year's Young Professionals Green Energy Awards.
North-east energy sector chiefs largely welcomed an extension of the UK Government furlough scheme, but cautioned it may do little to roll back the tide of oil and gas redundancies.
Chancellor Rishi Sunak has announced a four month extension to the current UK Government Covid-19 furlough scheme.
BP’s new chief executive Bernard Looney revealed he has considered the possibility that peak oil demand could be one of the legacies of the Covid-19 outbreak.
Scores of workers are facing redundancy at a subsea equipment firm in Aberdeenshire following a drop off in work.
Serica Energy's boss has said his firm will "weather the downturn" as it executed a deal to bring in an Awilco rig to drill a North Sea field.
Oil and Gas UK (OGUK) has confirmed it is to seek an exemption for offshore workers to a new 14-day quarantine on flight arrivals to the UK.
European oil majors have made great strides in setting out plans to reduce greenhouse gases, but they aren’t enough to meet the goals of the Paris climate agreement, according to a report by money managers overseeing more than $19 trillion.
More than 150 workers at Bilfinger UK could face the axe as the company confirmed it has begun redundancy consultation for staff currently on the Covid-19 furlough scheme.
Oil edged higher as signs of a recovery in demand continued to surface following the easing of virus-led lockdowns in some regions, while Saudi Arabia pledged to cut production further.
A new offshore decommissioning partnership between Port of Blyth and Thompsons of Prudhoe is to move forward with £1 million investment to enhance the decom facilities at the Northumberland port.
Danish wind turbine firm Vestas has hit the market top spot by breaking an industry record on installations worldwide, according to new analysis from Wood Mackenzie (Woodmac).
Oil edged lower after posting its first back-to-back weekly gain since February as investors weighed nascent signs of a recovery in demand against a huge global glut and the risk of a resurgence in virus cases.
A new Scottish wind developer has announced today it will partner with Macquarie’s Green Investment Group (GIG) to compete for a North Sea offshore wind bid.
Tesla asserted late Saturday that restarting its operations in the midst of the coronavirus pandemic didn’t make the company an outlier, nor was it going against the grain.
Energy firm SSE has awarded more than half it's £1 million support fund to communities across the UK and Ireland as part of the firm's Covid-19 response.
Oil and gas giant BP has announced a substantial investment in an Australian hydrogen project.
A Dutch shareholder activist has accused some oil and gas majors of talking the talk but not walking the walk on shifting to cleaner investments.
The UK public continue to support the growth of renewable energy, a new poll has shown.
North Sea oil and gas firm Canadian Natural Resources International (CNRI) has reported a swing in fortunes as it crashes to a significant loss in Q1 2020.
A group of workers have been evacuated from a Valaris drilling rig working in the North Sea due to concerns over an outbreak of Covid-19 onboard.
Any moves to scale back the UK Government furlough scheme would be “absolutely disastrous” for the North Sea oil and gas sector, an Aberdeen union boss has warned.
