Aberdeen’s Hydro Group enjoying buoyant times in Asia
Energy service company Hydro Group, of Aberdeen, said yesterday its Asian division had achieved record growth.
Multi-million pound investment delivers profit boost for Gleaner Oils
Moray company Gleaner Oils has reported a “good year of progress” in a volatile market for fuel distributors.
North and north-east projects shine at Scottish Green Energy Awards
An Aberdeen renewable-energy project funded and organised by a community group bagged two top awards at a ceremony attended by more than 1,200 guests in Edinburgh last night.
Balmoral’s Jim Milne crowned entrepreneur of the year
Multimillionaire Aberdeen businessman Jim Milne has added to an already impressive haul of honours by winning Entrepreneurial Scotland’s entrepreneur of the year title.
Ex-oil workers eye expansion of Aberdeen microbrewery
A microbrewery that was set up by two unemployed oil and gas workers in Aberdeen six months ago has had to produce twice as much beer as expected just to keep up with demand.
Apache to sell North Sea Beryl pipeline stake
Operator Apache is selling stakes in key infrastructure in the latest example of independent investment in “midstream” oil and gas operations in the UK North Sea.
Marathon’s East Brae shut down
A North Sea oil platform had to be shut down this week, prompting a major rescue operation, it emerged yesterday.
Failure to sell Wood offices denied as new deal secured
The developer behind an Aberdeen office complex named after Sir Ian Wood said yesterday it had secured a £54million refinancing for the building.
Hardy’s legal fight in India drags on
Hardy Oil and Gas said yesterday it expected a legal wrangle in India, where its activities are focused, to continue into 2017.
New research aims to make the UK a major renewables manufacturing hub
Newcastle University is to lead an offshore energy “audit” to assess how northern England and Scotland can become a major global manufacturing and export hub for renewables technology.
Non-Opec output continues to slide
The world's listed oil companies have slashed oil production by 2.4% so far this year, according to financial services giant Morgan Stanley.
Unrest grows at Dounreay nuclear decommissioning site
Work on cutting up part of the nuclear reactor infrastructure at Dounreay in Caithness got under way yesterday as strike action threatened to disrupt decommissioning of the site.
Opportunities up for grabs in Africa
Africa’s oil and gas industry has the potential to be a source of much needed revenue for Scottish firms, a business gathering heard in Aberdeen yesterday.
Fisher’s deal with Chinese firm aims to reach new depths
James Fisher and Sons said yesterday it had won a £35million contract from China for a new saturation diving system designed for salvage work at extreme depths.
Valve maker Rotork seeing orders pick up
Gas and liquid flow control valve manufacturer Rotork said yesterday it was seeing signs of improvement in oil and gas markets.
ATR, Neptune invest in life beyond lower-for-longer oil prices
Energy service companies ATR Group and Neptune Marine Services both announced key investments yesterday as they gear up for growth after the oil price slump.
Neptune poised for swoop on North Sea?
The oil and gas investment company led by former Centrica boss Sam Laidlaw is thought to be in advanced talks to snap up French-owned assets in the North Sea.
Insolvency experts hone in on Aberdeen
An insolvency firm new to Aberdeen expects others to follow in its path as more businesses struggle amid the oil and gas downturn.
Nova secures EU funding for “revolutionary” technology
Scottish renewable-energy firm Nova Innovation said yesterday a £2.25million grant from the European Union would help it “revolutionise” the future of tidal-power.
Union says offshore workers crying out for government support
More than half (55%) of UK offshore workers believe the future of their industry is in doubt without government help, a survey has found.
WoodMac plots growth curve for renewables
Scottish energy consultancy Wood Mackenzie (WoodMac) says renewable-energy could grow nearly 500% globally over the next 20 years, with coal and oil demand peaking well before 2035.
Trump win expected to have major implications for oil and gas
Donald Trump’s shock win in the US election may have a significant impact on the global oil and gas industry, a new report says.
Oil and gas downturn continues to hit passenger numbers at AIA
October passenger numbers at Aberdeen International Airport (AIA) were down by nearly 10%, against a year ago.
Weatherford boss heads for the exit after accounting scandal
Oil and gas industry chief Bernard Duroc-Danner is no longer in his job after an accounting scandal at the services giant he led as chief executive and chairman.
Scotland on top at Adipec
Scotland won the prize of best international pavilion at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2016.