Fresh from putting shovels in the ground on a £350 million cable factory in Scotland, Japanese conglomerate Sumitomo has backed plans to develop hydrogen storage capacity with UK Oil & Gas in Dorset and Yorkshire.
Longboat Energy (LON: LBE) has warned it risks forfeiting its share in a joint venture with Japan Petroleum Exploration Co (JAPEX) due to "disappointing" production from its Norwegian assets.
The North Sea basin could produce another 5 billion barrels of oil and gas - but only if it can strip carbon pollution from its operations, the industry regulator has warned.
The largest pumped storage hydro project planned in the UK could “realistically” be up and running by 2032 - or sooner, if a new government elected in July opts to move faster to meet net zero targets.
UK gas infrastructure manager px Group has boosted its hydrogen credentials by confirming a partnership with a pioneering production plant developer in Norway.
Network Rail has commissioned the installation of the first of two hubs for its electric vehicles in Scotland using charging technology developed by Edinburgh-based FOR EV.
Gas firm EnergyPathways (AIM:EPP) has made an "out of round" bid for gas production and storage licences in the Irish Sea as it reports progress on its Marram project.
The energy transition to net zero will be the "biggest engineering project this country has ever seen", the boss of the UK's offshore energy trade body said.
Japanese firm Sumitomo Electric held a ground breaking ceremony for its £350 million subsea cable factory on the Cromarty Firth after it was named as a "preferred bidder" for a contract with SSE.
A decision on whether the controversial Cambo field will be sanctioned or delayed is set to be decided in months as bosses weight the impact of North Sea tax policy.
Aberdeen South MP Stephen Flynn said the windfall tax on UK oil and gas had been the "right thing to do" but proposals to increase the burden would stymie investment threatening jobs now and in the future.
Thurso-based battery maker AMTE Power is taking part in a £9.7 million research project to boost charging speeds of electric and hydrogen-powered BMWs.
Drilling equipment sales and rental business Saltire Energy has maintained "consistent" performance in spite of the "unprecedented challenge" of the pandemic.