Oil off the boil on dollar surge
Oil prices pared gains after earlier hitting 18-month highs yesterday, the first trading day of 2017.
Small businesses call for green energy incentives
Fears over UK energy security has led small businesses to call on government to reduce barriers preventing firms from producing their own electricity.
Nukes transport boosts Dounreay bottom line
A controversial decision to transport spent fuel from Caithness to Sellafield has boosted turnover and profits at the company tasked with decommissioning the Dounreay nuclear power station.
Balmoral still buoyant despite oil and gas slump
Growth in exports delivered a boost to Balmoral Group’s bottom line of in its 35th year of business.
Craig Group “robust” despite North Sea slump
An Aberdeen-based shipping and oilfield procurement and services group has hailed its “robust” business despite measuring the impact of the oil and gas downturn on its balance sheet.
Oil and gas production rises while renewables grows
Oil and gas production in the UK rose while the proportion of electricity produced by renewables in Scotland have hit an all time high, new figures show.
Scottish Government launches North Sea decommissioning action plan
A plan to help maximise the value of North Sea decommissioning for small to medium-sized firms has been published by the Scottish Government’s economic development agencies.
Apprentice switches from cars to oil, wins top accolade
A former trainee car mechanic from Norwich who switched careers to join the UK oil and gas sector at the start of the global downturn, is on track for success after scooping the sector’s Apprentice of the Year Award.
Oil workers could be cut out for new barber jobs
A training academy for barbers that could offer former oil and gas workers a new career opportunity will launch in Aberdeen next year.
Oil spill compensation scheme body gets new leader
The body responsible for the offshore oil and gas industry’s voluntary pollution compensation scheme has announced two appointments to its executive team.
Rovco in £50K R&D boost
A Bristol-based remote operated vehicle (ROV) company has picked up a £53,441 grant to fund research into underwater 3D modelling technology.
Hurricane shares up on 100million barrel upgrade
Shares in Hurricane Energy soared nearly 12% yesterday after the North Sea explorer added 100 million barrels of oil to its estimates on a discovery West of Shetland.
SPE Aberdeen delivers £200,000 STEM boost
The Society of Petroleum Engineers’ (SPE) Aberdeen Section has invested almost £200,000 over the last five years to support initiatives addressing the skills gap in science, technology, engineering and maths (Stem) subjects in the UK.
Balmoral vows to fight competition watchdog fine
Balmoral Group has vowed to launch an appeal after it was slapped with a £130,000 fine by the competition watchdog.
Aberdeen harbour sanctions £350m investment on Nigg Bay expansion
Aberdeen is set for a £350million investment bonanza after the city’s harbour board decided to press ahead with its expansion into Nigg Bay.
Exclusive: Tax hike shock to ‘put North Sea firms at risk’
Businesses in the north-east are facing a "catastrophic" multi-million pound tax bombshell as a new framework for property rates comes into force.
Skills fund “not enough” oil boss warns
North-east employers have criticised the Scottish Government plans for a £10million skills fund.
“Robust” CNR reveals North Sea drilling plans
North Sea oil and gas firm Canadian Natural Resources (CNR) will boost its drilling programme in the basin after stating it was “is now a more robust and sustainable company”.
Exceed targets more former ADTI staff
Aberdeen well management firm Exceed aims to hire a quarter of the workforce of failed rival Applied Drilling Technology International (ADTI) as it expands its global footprint.
Read Cased Hole snapped up by new investor
An Aberdeen-based well integrity evaluation company has changed hands in a private equity-backed buy out.
Video: Engie hails first gas at Cygnus field in North Sea
A £1.3billion North Sea field has delivered “first gas” in what has been described as a significant boost to UK energy security.
Engie’s Ruud Zoon on Cygnus
Engie’s flagship North Sea gas field, Cygnus is thought to be the largest gas find in the southern North Sea for 25 years.
Oil and gas exploration to return to profitability next year, Woodmac says
Smarter choices and cost cutting will see oil and gas companies’ exploration efforts worldwide returning to profitability in 2017, a new report has claimed.
Levy risks driving apprenticeships out of Scotland
An oil and gas skills organisation has warned employers may shift apprenticeship training to England after the Scottish Government revealed it would not ring-fence funds allocated via the new UK-wide Apprenticeship Levy.
Martin Gilbert: Lack of investment set to “haunt” oil and gas
The head of one of Europe’s largest independent fund managers has warned that failure of oil and gas companies to invest during the downturn “will come back to haunt” them.