Aberdeen’s Exceed posts record breaking turnover amid international growth
Well management firm Exceed has achieved record-breaking turnover in the past year, with 50% of the company's revenues coming from energy transition activity.
UK energy firms oppose plans for cheaper deals for new customers
UK energy suppliers and consumer-protection groups are urging the regulator to maintain a ban on cheaper tariffs for new customers that was introduced during the energy crisis to help stabilize the market.
UK could get £57 billion economic boost by going green, CBI says
Britain’s next government must put net zero at the heart of its economic plans if it is to deliver the surge in growth that the country desperately needs, the CBI employers group said.
Orcadian agrees further loan extension with Shell
North Sea operator Orcadian Energy (AIM:ORCA) has announced an agreement for a further extension to its $1.4 million loan repayment to a Shell subsidiary.
Skills should be top of agenda post election, OPITO chief
The UK can position itself as a global leader in energy safety and competence with a renewed focus on skills and training, according to industry body OPITO.
Researchers look to Caribbean volcano for geothermal energy and critical minerals
Researchers in the UK are looking to a Caribbean volcano to provide answers about where metals vital for batteries and electric cars can be found, and how power can be generated from its heat.
‘Light on detail’: What do academic experts make of the UK election energy debate?
As the UK nears the end of an election campaign where energy policy has featured prominently, experts say the debate has been heavy on rhetoric but light on detail.
BP reportedly pressing pause on offshore wind amid investor discontent
Energy giant BP (LON: BP) is reportedly imposing a hiring freeze and pausing new offshore wind projects amid investor discontent over its low carbon strategy.
Kistos increases gas storage facility working capacity by 24%
North Sea operator Kistos (LON:KIST) has increased the working gas capacity at its newly acquired Hill Top Farm site by 24% following a trial.
Standardised wind contracts could be a breath of fresh air for decarbonisation
The energy sector is rarely free from the spotlight, but with a potential change of political leadership on the horizon next month, there has been even more talk about the future of the North Sea in the battle to win votes.
Senate probes possibility of collusion between Big Oil and OPEC
A US Senate committee is investigating whether oil producers are illegally coordinating with OPEC to raise prices, following allegations that the former head of Pioneer Natural Resources Co. colluded with the cartel.
Norway proposes first acreage for deep sea mining in Arctic
Norway is inviting comments on Arctic seabed areas it plans to offer for deep sea mining ahead of formally awarding permits for the first time.
Next government urged to fund ‘just transition’ for oil and gas workers
The next government must provide a “clear and funded” transition plan for workers in the offshore oil and gas industry, including the North Sea, green groups and unions have urged.
Scotland’s Nova Innovation and RSK launch floating solar joint venture
Scottish tidal energy developer Nova Innovation is joining forces with engineering firm RSK to progress floating solar through new joint venture AquaGen365.
Aberdeen student awarded for recycled oil rig building design
A Robert Gordon University (RGU) student has won a prestigious architectural award for an innovative building design made from recycled oil rigs.
Aberdeen’s Mermaid secures multi-year North Sea decom contract with Shell
Aberdeen's Mermaid Subsea Services UK has secured a multi-year decommissioning contract with North Sea operator Shell.
CNOOC North Sea offshore workers accept increased pay offer
Offshore workers on CNOOC installations in the North Sea have accepted an increased pay deal following a union recognition agreement.
General election: where do the parties stand on oil and gas
The energy industry and the North Sea has loomed ever-larger on the political radar. As parties vie for votes ahead of the UK General election on 4 July, leading industry lawyer Graeme Clubley offers his analysis on the impact on the sector of each group's manifesto policies.
TAQA’s North Cormorant platform reaches cessation of production
North Sea operator TAQA has ended production at its North Cormorant platform, ahead of its decommissioning after 42 years of operations.
Equinor concludes internal investigation into Norway helicopter crash
North Sea operator Equinor has released details of an internal investigation into a fatal helicopter crash off the coast of Norway in February.
Labour’s energy plans ‘will cut bills and drive growth’ in Scotland, says Reeves
Labour’s clean energy plans will “turbocharge” the Scottish economy, the party’s shadow chancellor is expected to say during a General Election campaign visit to Scotland today.
New North Sea oil and gas ‘largely irrelevant’ for energy security, ECIU says
ECIU analysis argues for heat pumps and EVs backed by UK renewables over new North Sea licences.
Is the future of North Sea drilling in doubt after Supreme Court ruling?
Climate law experts say the Supreme Court's decision will likely "undermine investor confidence" in the North Sea and boost legal challenges to the Jackdaw and Rosebank developments.
Tories do not care about the climate – Swinney
John Swinney has accused the Conservatives of not caring about the climate as he clashed with Douglas Ross.
Fossil fuel firms flared most gas since 2019, says World Bank
The burning of excess natural gas from global oil fields hit its highest level since 2019 last year, spewing enough pollutants into the atmosphere to equal those from an extra five million cars, according to a World Bank report.