Thurso-based AMTE Power facing four-week battle for survival
North jobs on the line and £160 million plans for Dundee up in the air.
Big M&A off the table in near-term, says Shell boss, but door open on ‘bolt on’ deals
Big M&A is “definitely not on my priority list” for the next few years, Shell CEO Wael Sawan told journalists yesterday.
Netherlands set to close Europe’s biggest gas field this year
The Dutch government is set to permanently shut down the Groningen gas field in October after years of earthquakes in the region damaged thousands of houses, according to people familiar with the matter.
Shell employee satisfaction at highest level in a decade, says CEO
Employees at Shell (LON: SHEL) appear to more upbeat about working at the supermajor than they have been in years.
Lose appeal against Dutch climate ruling? Shell boss shares simple plan if it happens
“We would simply let go of customers, we would stop selling,” chief executive Wael Sawan told journalists on Wednesday.
Oil giant Shell plans to exit Pakistan after 75 years
Shell (LON: SHEL) has decided to exit Pakistan in a setback for the South Asian nation that is going through its worst economic crisis.
Shell to ‘be unemotional with spend’ as board pushes financial ‘discipline’
Shell (LON: SHEL) is to adopt a a “ruthless” approach to “discipline and simplification” with a view to making the most of its existing portfolio.
Union chief plays down idea North Sea strikes are winding down
A trade union officer has poured cold water on optimism that an end to industrial unrest in the North Sea could be in sight.
Arrival of nacelles moves Neart na Gaoithe wind farm closer to finish line
Another milestone has been reached at the Neart na Gaoithe (NnG) offshore wind farm with the arrival of the first nacelles.
Watch: Trailer released for horror video game set on North Sea oil platform
Visiting a virtual North Sea platform – especially one inhabited by an “otherworldly horror” – may be something of a busman’s holiday for you average offshore worker.
GMB chiefs visit Aberdeen for crunch talks amid looming energy jobs ‘crisis’
The head of the GMB warned of the perils of rapidly shutting down the oil and gas industry during a visit to Aberdeen on Monday.
Removing carbon from the air enters its awkward teen years
If you want to understand the potential of direct air capture, or DAC, all you have to do is see its end product: solid rock. The world’s first plant to pull carbon dioxide from the air and turn it into stone has been operating in Iceland for nearly two years, and the fruits of its labor were on display last week at Climeworks’ DAC Summit.
UK told it must ‘double down’ on offshore wind as pipeline nears 100GW
RenewableUK’s latest date report shows the UK’s pipeline of offshore wind projects is creeping ever nearer to 100 gigawatts (GW).
Leading the way with CCS
Wood’s teams have completed CCS studies for more than half of the 300 carbon-capture facilities being planned worldwide.
The elephant in the room: offshore wind must face its challenges
Paul Cook, Vice President, Renewables at Proserv explains how an industry workshop in London brought stakeholders together to spur fundamental change around cable assets and to initiate a path towards best practice standards.
Green energy chiefs stew over lack of changes to renewables windfall tax
There are claims that a lack of change to the renewables windfall tax is undermining the UK’s claim to be a leader in green energy.
North Sea independents call for govt to go further and scrap EPL before 2028
A group of North Sea firms is urging the UK Government to drop the curtain on the windfall tax ahead of the current schedule.
Vestas wins 49 turbine order for Scottish wind farm
Danish turbine manufacturer Vestas will supply units for an onshore wind farm in the south of Scotland.
Holding Big Green to the same emissions standards as Big Oil
I’m currently trying to get my head around the thorny issue of carbon emissions from Big Oil, especially with regard to the complexities of how they are variously classified as Scopes 1, 2 and 3.
Shell on the front line of climate change litigation
Companies are under increasing social, economic and regulatory pressure to contribute to the reduction of carbon emissions. In particular NGOs are trying to exert additional pressure by undertaking legal action. Such climate change litigation typically aims to force businesses to reduce emissions, pay for damages caused or take steps to mitigate the effects of climate change. The global number of climate change litigation cases is increasing rapidly as public awareness of climate change and its consequences increases, too.
WoodMac: almost £25bn of UK energy investment faces chop if Labour take power
Analysis from consultancy Wood Mackenzie has laid bare the potential impact of Labour’s controversial opposition to new North Sea licensing.
Island Innovator rig en route to UK to begin work imminently for Dana Petroleum
A huge semi-submersible drilling rig is bucking the current industry trend and setting course for the UK North Sea.
Westwood: Subsea tree awards up 29% year-on-year
Oil and gas companies are dishing out more contracts for subsea trees as the industry continues its global resurgence.
Southern North Sea gas leak lands One-Dyas in hot water with watchdog
Dutch group One-Dyas has been rapped on the knuckles for not properly assessing rust risks on a Southern North Sea platform.
Repsol Sinopec reprimanded after unplanned gas release on Piper Bravo
According to the HSE, the leak happened during efforts to clear a “suspected blockage” in the production system.