Drax hands £300m to shareholders while waiting for subsidy
Drax is seeking to invest in bioenergy with carbon capture, use and storage (BECCS) technology at its main power-generation site but is looking to the UK government for a subsidy "bridge"
Supply chain “not to blame” for net zero delays, EIC report
Energy Industries Council eighth annual Survive and Thrive report highlights the ongoing challenges faced by the global energy supply chain amidst geopolitical and policy uncertainties.
Aberdeenshire pipeline firm Stats eyes further growth after record year
The Kintore-based company has revealed its first results since being acquired Japanese firm Mitsui last year.
Martin Lacey joins ‘fast-track’ Glen Earrach hydro scheme as support plan draws near
The pumped storage hydro specialist will lead the next stages of £2bn Glen Earrach Energy project on Loch Ness as the new UK government prepares funding framework for the autumn.
Management team leads multi-million pound buyout of Proserv
CEO Davis Larssen and CFO Mark Fraser have also introduced an employee ownership scheme, marking a significant milestone in the company's 60-year history.
Obituary: Ian Clark, who led Shetland’s battle to control big oil
Former energy minister Brian Wilson pays tribute to the man who helped to ensure Shetland extracted a levy from every barrel of oil that came ashore, and asks who are the leaders like Ian now?
UK government denies it has banned new North Sea drilling
Government insists oil and gas firms that have already applied for licences to explore and drill in the North Sea will not be blocked.
Where in Scotland will Labour base GB Energy?: Front runners
We analyse which hotly anticipated locations in Scotland now most likely be chosen for the headquarters of GB Energy
Aberdeen’s MDL opens Paris office
Aberdeen's back deck specialist Maritime Developments Ltd (MDL) has set its sights on growing more business through Europe's EPIC subsea hub.
BP sets sail for fully-autonomous North Sea inspection
Ocean robotics operated remotely are enabling more people to stay safely onshore.
Aberdeenshire firm Elemental Energies seals Norwegian takeover
Deal is expected to boost north-east company's revenue by more than £50 million this year.
Now stop ignoring the energy industry, Prime Minister
Keir Starmer must now pay attention to the energy sector or risk the UK becoming a renewables backwater, writes Nick Dalgarno, Eastern Hemisphere managing director, energy & power, Piper Sandler.
UK energy industry “deeply concerned” as Labour wins landslide
Labour has pledged to establish a publicly-owned energy company in Scotland as well as extend the so-called windfall tax on oil and gas producers, scrap investment incentives and end new North Sea licences.
Aberdeen Science Centre seeks engineers for fairy tale skills course
The educational visitor attraction's skills events planned in September and February will bring engineering concepts to life for young learners using storytelling.
ZOEX wave energy “break-through” tested at Port of Aberdeen
A wave device promising affordable and reliable energy for customers from fish farmers to offshore wind installations has been demonstrated at the Port of Aberdeen.
Reshoring UK high voltage cable manufacturing vital for net zero success
Loss of UK cable manufacturing capacity in recent decades needs to be reversed in order address a looming global shortage of energy transmission infrastructure.
Gold standard not gold plated: How the UK’s approach to health and safety is changing the world
UK standards in health and safety underpin what makes North Sea goods and services attractive in other regions.
Ocean Winds hails impact of £3.5billion offshore wind investment in Scotland
A new report shows how "chasing the wind" is reaping benefits for companies across the supply chain in the north of Scotland and the UK.
French TotalEnergies sells West of Shetland assets to Prax
French firm TotalEnergies (PAR: TTE) has sold its oil and gas fields West of Shetland to Prax Group.
Serica looks outside North Sea in face of “potential future increases” in tax
North Sea oil and gas firm Serica Energy (LON: SQZ) warned it was "looking very actively overseas" for new opportunities as it faces "recent and potential future increases" in UK tax.
Oil and gas firms optimistic despite “existential threat”, DNV report says
Oil and gas companies are optimistic despite facing "unprecedented challenges", a new report has found.
GreenSpur wins funding for REE-free magnet tech development
Time To ACT (AQSE: TTA) has announced that its GreenSpur unit has been awarded €705,000 (£613,000) to support the development of a high-powered magnet free from rare earths that would be used in industrial applications. In particular, the magnet will be designed for use in wind turbine generators.
Wood contract for Centrica’s Rough storage to create 50 jobs
Centrica has awarded Aberdeen-headquartered Wood (LON: WG) a contract to redevelop it's Rough field in readiness for future hydrogen storage, creating 50 jobs.
Drax sells SME customer book to EDF
UK electricity generator Drax Group (LON: DRX) has sold a book of 90,000 small and medium (SME) business customers to French retail energy giant EDF.
Three60 Energy snaps up Aberdeen’s Samphire Subsea in £multi-million deal
Acquisitive Three60 Energy has acquired Aberdeen-based engineering firm Samphire Subsea to meet growing demand for work in decommissioning and floating offshore wind work in the future.