Who is Bob Keiller? The blockbuster resume of oil boss ‘mad enough’ to try and save Aberdeen’s Union Street
Could Bob Keiller be the man to save Union Street?
Harbour Energy appoints two new independent non-execs
London-listed oil giant Harbour Energy (LON: HBR) has announced the appointment of two independent non-executive directors.
Montara FPSO restarts production after seven months
Production has restarted from Jadestone Energy's Montara Venture FPSO, offshore Australia.
Welsh economy to be ‘transformed’ as two freeports are given green light
Two freeports are to be created in Wales for the first time in a bid to boost the country's economy, the UK and Welsh governments have announced.
Crude oil snaps three-day advance as traders digest fed outlook
Oil fell as investors weighed the Federal Reserve policy outlook after another hike and digested a mixed snapshot of US supply and demand.
Safety watchdog finds hole in deck of North Sea missing worker rig
Health inspectors have found a hole in the deck of a North Sea rig - which appeared the same day a worker went missing and sparked a huge search off Aberdeen.
Fury as north-east pensioners left out of Shell profit bonanza
Workers who have retired from Shell (LON: SHEL) are furious after the oil and gas giant declined a rise in pension payments despite booking record profits and paying out huge bonuses to staff.
Big oil traders stay circumspect on reviving Russia dealings
The world’s biggest oil traders said they’re wary of trying to muscle back into Russian exports, a response that might disappoint the US Treasury officials working to ensure no disruption to global petroleum supplies.
Hartshead strikes deal to use Shell platform as tie-back host for North Sea gas fields
Australia’s Hartshead Resources (ASX:HHR) has struck a deal with the Shell (LON: SHEL) to use the latter’s Leman Alpha platform as a tie-back host.
UK annual energy imports bill crashes through £100bn threshold for first time ever
For the first time ever, the UK shelled out more than £100 billion on annual energy imports in 2022.
Prax to use Hurricane to make more ‘significant acquisitions’, says investor
Prax Exploration and Production intends to use Hurricane Energy (LON: HUR) as a vehicle to make further “significant acquisitions”.
Venezuela’s oil minister resigns amid PDVSA corruption probe
Venezuela’s Tareck el Aissami resigned as the nation’s oil minister as an investigation escalated into corruption claims inside state-oil company Petroleos de Venezuela.
Longboat focused on converting 2022 exploration success into ‘reserves, production and cash’
Longboat Energy (LON: LBE) is focusing on converting its “exploration success into reserves, production and cash” after posting hefty losses for 2022.
NSTA launches probe into firm suspected of undermining UK energy security
The industry regulator has launched an investigation into a potential breach of licence commitments by a North Sea operator.
Shetland energy link reaches milestone
A £660 million project to connect Shetland to the national electricity grid on the mainland for the first time has reached a new “significant milestone”.
SSEN rules out repair of £30m Pentland Firth East cable after fault
A multi-million pound subsea electrical cable - that connected Orkney to the mainland for just a few weeks - appears to have been written off.
Decom Week 2023 to facilitate operator-supply chain conversation
Decom North Sea, the only membership organisation focused upon decommissioning across the energy industry, has announced a programme of events for Decom Week 2023.
China’s Russian energy imports balloon to $88bn since war
In the year since Russia invaded Ukraine, roiling energy markets across the globe, China’s appetite for Moscow’s oil, gas and coal has grown apace, with imports rising by more than half.
Oil edges lower before Fed’s decision as banking turmoil fades
Oil eased after a turbulent session even as a calmer tone returned to financial markets rattled by a global banking crisis, with investors on alert for any signs of fresh trouble that may hurt risk appetite.
Window of opportunity to preserve liveable climate rapidly closing, says IPCC
There is a rapidly closing window of opportunity to lower greenhouse gas (GHG) emissions and secure a safe and liveable future for the global population, according to a new UN report.
‘Tsunami’ of unrest to hit North Sea as 1,400 workers ready to strike
According to trade union Unite, this is "the biggest mandate" it has received in the offshore sector for a generation, and could threaten the UK's energy security.
Protestors target annual Edinburgh energy event
Climate activists targeted an energy event in Edinburgh on Friday night to call for an end to oil and gas expansion.
Lhyfe and Centrica to develop renewable green hydrogen in Southern North Sea
Lhyfe and Centrica have agreed to jointly develop offshore renewable green hydrogen in the UK in what they’ve called a first for the country.
Tories told to finally end the north-east’s long wait for carbon capture cash
The Conservative government at Westminster has been told it must immediately “cough up” carbon capture cash for the north-east.
New programme highlights the legacy – or lack of one – from oil and gas industry in Aberdeen
When oil was first discovered in the North Sea in the 1970s, it was the beginning of a golden age for Aberdeen and life was never the same again.