Sir Ian Wood says banning new UK oil projects would be ‘absolutely crazy’
Industry doyen Sir Ian Wood has warned that halting new oil and gas exploration and production projects in the UK would be "absolutely crazy".
ICR Integrity promotes CFO to top job as boss steps down
ICR Integrity chief executive Willie Rennie is stepping down from his position to pursue “other interests”.
State oil companies take first ungainly steps toward climate neutrality
Petroleos Mexicanos left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular basis — then refused to discuss why they’d soared by double-digits from April to June, compared to a year ago.
Major energy suppliers confirm autumn price increases
Two more major energy suppliers have confirmed autumn price hikes for millions of households in line with Ofgem's price cap increase.
EIC secretariat for UK Energy Supply Chain Taskforce
The Energy Industries Council (EIC) is delighted to drive the new UK Energy Supply Chain (UKESC) taskforce, co-chaired by DIT Minister for Exports Graham Stuart and BEIS Energy Minister Anne-Marie Trevelyan.
Cambo operator denies jumping the gun as kayaker activists stage protest in Norway
Two activists in kayaks confronted a vessel in Norway amid suspicions that the UK Government and an oil company were set to “jump the gun” on the Cambo project, west of Shetland.
Wood confident of stronger second half as Covid weighs on latest figures
Engineering and project management giant Wood said today that its first-half figures reflected an uptick in momentum as the period progressed.
Energy sector veteran to lead social enterprise
Aberdeen social enterprise Glencraft has appointed a new managing director.
Nicola Sturgeon launches new green jobs academy
Nicola Sturgeon has launched a new academy designed to help people find green jobs and learn new skills.
Focus on clean energy and gender diversity for latest TechX accelerator programme
The Net Zero Technology Centre (NZTC) is putting an emphasis on decarbonisation and gender diversity for its latest TechX accelerator programme, which has a new man at the helm.
Neptune Energy starts up production on Duva development
Neptune Energy today announced the start-up of production from the Duva development in the Norwegian sector of the North Sea.
i3 Energy wraps up £39m Canadian acquisition
London-listed i3 Energy has completed the £39 million acquisition of a package of Canadian oil and gas assets from Cenovus Energy.
China muscles in on Middle East renewables with Alcazar takeover
China is making one of its biggest pushes yet into Middle Eastern renewable energy.
PM and government must put all their focus on COP26, Miliband says
Boris Johnson must take personal responsibility for crucial climate talks or risk letting the last, best chance to curb dangerous global warming slip by, Ed Miliband has urged.
The H2 strategy has landed, climate report deep dive, and a ‘dream’ deal
This week, Mark and Damon were joined by special guest James Close, NatWest Group’s head of climate change.
UK Gov favours variable premium price model to support blue and green hydrogen
On 17 August 2021, the United Kingdom Government Department for Business, Energy & Industrial Strategy (BEIS) launched its hydrogen strategy – a plan for a world-leading hydrogen economy set to support over 9,000 UK jobs and unlock £4 billion investment by 2030.
Unique collaboration creates solution to cut inventory management costs
Add Energy, a leading international consultancy, service, and software provider has announced a significant collaboration to lead the way in digital transition and full cycle efficiency for inventory and spare part management.
Engineer Nucore creating up to a dozen jobs at new Dundee offices
Engineering firm Nucore Group has opened new offices in Dundee creating up to a dozen new jobs.
Oil price upcycle gives industry golden opportunity to decarbonise, Wood Mackenzie says
Oil and gas companies have a golden opportunity use the windfall from the recent commodity price upcycle to accelerate their decarbonisation drives, a new report says.
Harbour Energy picks Maersk rig for infill campaign on North Sea field
Harbour Energy has picked a Maersk Drilling rig for a trio of development wells on the Catcher area of the UK North Sea.
Richard Branson’s Virgin Atlantic betting on north-east ‘carbon sucking’ plant to offset emissions
British billionaire Richard Branson’s airline, Virgin Atlantic, has signed up to use a technology that will suck carbon-dioxide directly from the north-east sky before locking it away.
New alliance calls for drastic culture shift on low-carbon tech financing
The UK will fail to reach net zero by 2050 without a drastic change to the way low-carbon technologies are funded, a new alliance of energy experts has warned.
Market signals more North Sea drilling work and higher contract values, Awilco says
Rig owner Awilco said today that a number of positive signs pointed to more drilling work and higher contract values in the North Sea.
Legasea celebrates Harbour Energy deal, workforce expansion set to continue
North-east firm Legasea, set up in 2019 to recover oilfield equipment and make it fit for reuse, has doubled the size of its workforce since January.
Baron Oil beefs up stake in ‘sizeable’ North Sea target while Jersey casts off licences
London-listed minnow Baron Oil has struck a deal to increase its stake in what it describes as one of the UK North Sea’s few remaining sizeable undrilled targets.