Aberdeen’s Verlume takes top SME gong at first ever awards dedicated to Scotland’s renewable energy supply chain
Scottish Renewables-backed awards showcase the cutting-edge excellence that drives Scotland’s world-leading renewables industry.
Ithaca reports “robust” half year but warns of “long-term damage”
Ithaca Energy (LON: ITH) has hailed "robust" cash flow but has warned about the "ongoing impact" of the UK government's oil and gas fiscal policies and the "long-term damage" they will cause.
UK energy supply chain companies warn “time is running out” to save jobs and investment
The 42 companies manufacturers, professional services and engineering companies employing tens of thousands have issued a joint letter to Sarah Jones, Minister of State for Industry and Decarbonisation.
Altrad bids for Norwegian oil and gas services firm Beerenberg
Altrad was founded in 1985 by billionaire "king of scaffolding" Mohed Altrad.
Greater Laggan Area wins life extension with new oil and gas licences
Kistos said the licensing would "extend the life of existing infrastructure and maximise economic output".
Wood Group boss said lossmaking half year is a “story of transformation”
Ken Gilmartin said Wood is "made up of some of the most brilliant, fantastic, creative, dedicated people on the planet".
i3 Energy confirms £174.1million bid from Gran Tierra
Canada and North Sea-focused i3 Energy (AIM:i3E) has confirmed it has received a £174.1million bid from a Canadian rival.
Wood Group unveils stinging $983million half year loss
Aberdeen's Wood Group (LON:WG) has revealed the hill it must climb as to turn around the business as it revealed total half year losses reaching nearly $1billion (£757m).
Labour government promises UK energy independence
New government, new policies and a thirst for energy independence, but what does this grandiose phrase mean? Independence from volatile international prices, from the UK’s “broken energy market” or from the tyranny of utilities? Labour is not suggesting a UK oil and gas sector renaissance; the country will instead become a clean energy superpower. But is this achievable and is it desirable?
National Grid apprentice conquers A-level results day nerves
Matthew Craker, 18, didn’t feel he would be the right fit for university but has found a way to support the shift to net zero with an apprenticeship.
Scotland books sharp drop in oil revenues and wider deficit
The annual Government Expenditure and Revenue Scotland (Gers) report confirm "windfall conditions no longer exist in the North Sea".
Aberdeenshire’s Ashtead Technology opens office in Stavanger
AIM-listed Ashtead Technology said it had plans to further expand its Norwegian team and service offering over the next year.
KCA Deutag ‘expected to remain’ in Aberdeenshire after H&P buyout
Analysts welcome positives of the US buyout of the UK-based drill rig firm which brings a beneficial market share in the Middle East.
Port of Aberdeen digs in for £4million shore electrification project
Port of Aberdeen has started work to enable vessels to plug into the grid for power instead of burning heavily-polluting marine fuel when they are berthed.
Campaigners against “fundamental” Aberdeen ETZ proposal lose appeal
Scotland’s highest court has ruled that the city council did not act unlawfully over proposals for the Energy Transition Zone in Aberdeen
Kent lands global commissioning framework deal with Shell
Kent employs 13,000 and is a $1.4 billion revenue global business.
Aberdeen’s First Integrated Solutions picks up lift equipment business
The acquisitive Aberdeen equipment rental is on the look out for more deals.
Days are numbered for grid connection ‘braggerwatts’
TMO4+ queue reform will revolutionise outdated grid connection process and clear the way for renewable energy.
RWE backing for UKOG hydrogen boosts shares
RWE's "letter of support" for UKOG's hydrogen storage scheme will increase its chances for UK government funding.
Accountant brings bargain Aberdeen Airport car park back to life
The plan comes as passenger numbers bounce back after hitting rock bottom during the pandemic.
Harland and Wolff saved by loan extension but CEO jumps ship
The deal with US lenders has staved off the firm's potential collapse.
Shell goes for gas as profits hit £4.9 billion
Shell (LON:SHEL) unveiled quarterly profits $6.3 billion (£4.9b) as it highlighted global investments in gas and LNG.
Labour Government brings opportunities and changes for our energy industry
Labour’s manifesto called for Britain to become a "clean energy superpower" and they have wasted no time in reaffirming their policies and priorities.
BP reports £2.2billion quarterly profit and another £1.36bn for shareholders
Oil major BP (LON:BP) beat forecasts reporting "strong" profits and a boon for shareholders as confirmed investment in new oil and gas project in the Gulf of Mexico and scaled back plans to develop low carbon jet fuel.
Labour tax plans make low-carbon Rosebank ‘challenging’ – Equinor boss
Will ambitious plans to reduce emissions on the UK's largest untapped oil field be affected by new UK tax regime?