Serica relief as North Sea tax regime offers ‘opportunities’
Independent North Sea producer Serica Energy (AIM: SQZ) welcomed changes made to the UK's offshore oil and gas tax regime in its most recent update.
Parkmead confirms ‘discussions’ over sale of North Sea assets
Parkmead Group (AIM:PMG) boss Tom Cross confirmed he is "in discussions" over the sale of the firm's North Sea assets as the energy group turns its focus to renewables and international markets.
Transporting ‘super turbines’ to rural areas is no mean feat
Onshore windfarms continue to be a key source for Scotland’s renewable energy generation.
Dozens evacuated from Harbour North Sea rig
Harbour Energy (LON:HBR) has had over 50 personnel evacuated from a rig operating in the J-area after it was hit by a nearby supply vessel.
Liquified natural gas is now a critical component of energy security
The COP29 meeting in Baku reinforced that the world is rapidly running out of time to avert catastrophic climate change unless transformative action is taken.
Aberdeen’s HPR pushes into world’s largest offshore wind farm job
An Aberdeen subsea robotics company is powering up the world’s biggest offshore windfarm after moving into the renewables market.
Ithaca hands $200m to shareholders following ‘combination’ with Eni
The North Sea firm also confirmed controversy-hit Rosebank field was on track for first oil in 2026/27
Vital Energi plans 400 green jobs boost
Blackburn-headquartered Vital Energi has announced that it is expanding its operations by opening new offices in Newcastle and Swansea while also increasing its existing presence in Glasgow. This comes on top of what Vital described as a “major” refurbishment of its Blackburn headquarters, increasing seating capacity by a third.
“I was embarrassed to be an apprentice but there should be more like me”
When I was 16 years old, I left school and began an apprenticeship, working my way up the career ladder and later earning my A-levels and an MBA. Despite the opportunities I enjoyed, I actually spent a lot of my career embarrassed that my start was different than other people’s and I didn’t see many people with a similar background at an executive level.
UK signs up to phase out oil and gas subsidies
The UK has joined an international coalition to phase out fossil fuel subsidies as negotiations continue at the UN climate summit Cop29 in Azerbaijan.
Viaro boss denies ‘vexatious’ lawsuit and theft claims
The boss of a North Sea independent producer in the process of buying assets from Shell (LON:SHEL) and Exxon (NYSE:XOM) has hit back at claims he forged documents to steal millions from a previous employer.
UK Oil and Gas raises £500,000 for Yorkshire hydrogen store
UK Oil and Gas (AIM:UKOG) has raised £500,000 from investors to acquire land for a salt cavern hydrogen storage site.
Three60 wins multi-million-pound North Sea decom deal
Aberdeen-based energy services firm Three60 Energy has won a major decommissioning contact in the North Sea.
Battery storage fund Gresham House welcomes ‘scarcity pricing’ boost
Higher electricity prices is good news for Gresham which said volatility was "encouraging".
Subsea firm Tekmar wins £1.5m contracts in Middle East
North East England-based Tekmar Group (AIM: TGP) has announced it has won contracts worth over £1.5 million with customers in the Middle East.
Petrofac extends loan payment ‘forbearance’ once again
Beleaguered oil field services group Petrofac (LON:PFC) has struck a deal to delay payment to lenders another month as the debt-burdened firm continues its restructuring plan.
Exolum claims ‘world first’ green hydrogen scheme at Immingham
Spanish firm Exolum has claimed a "world first" green hydrogen project at the Port of Immingham in Lincolnshire.
Deltic shares surge on ‘highly encouraging’ Shell backing for Selene well
Shell (LON:SHEL) has given the green light to the next stage of a gas discovery in the Southern North Sea, delivering a shares boost for its partner Deltic Energy (AIM:DELT).
Aberdeen firm Plexus wins $1 million order in the Middle East
Plexus Holdings PLC (AIM:POS) has won a deal to supply its wellhead equipment to an an offshore gas exploration project in the Middle East.
Shell and Technip forge carbon capture technology alliance
Technip Energies (PARIS: TE) and Shell (LON:SHEL) have announced they are "moving towards global exclusivity" to deliver a carbon capture system together globally.
Kemsley industrial cluster aims for carbon reduction plan by end of the year
Partners behind a Kent industrial cluster including waste incinerators and manufacturers expect to unveil a carbon reduction strategy by the end of 2024.
SSE unveils half year profits boost to £715 million
SSE says it has "the most attractive renewables opportunities in one of the world's most attractive markets".
SSE boss Alistair Phillips-Davies announces retirement
Longstanding SSE (LON:SSE) chief executive Alistair Phillips-Davies will retire from the firm next year after 11 years in the role.
CCU International boss Beena Sharma on her ‘carbon admission’
CCU International co-founder and chief executive Beena Sharma has taken part in a study led by Equity Energies to investigate what we know - or don't know - about the UK's plan to achieve net zero.
President Trump: climate policy catastrophe or a new path?
By doubling down on energy innovation, this Trump administration could see renewables and electric vehicles genuinely reduce inflation.