Siemens Energy AG (FWB:ENR) shares jumped 14% after the company signaled its lucrative gas and electric grid businesses were no longer burdened by ongoing losses at its struggling wind-turbine unit.
The Health and Safety Executive (HSE) has issued a notice to offshore and onshore wind developers after a turbine technician was injured by a service lift.
Henrik Andersen is no stranger to crisis. A decade ago turbine maker Vestas Wind Systems A/S (CPH:VWS) was in trouble when governments pulled back subsidies for renewable power.
Bristow Group (NYSE:VTOL) helicopter pilots are set to take immediate strike action across five weeks in May and June in a dispute over pay, the British Airline Pilots Association (BALPA) announced today.
Oil giant BP (LON:BP) has reported a first quarter profit of $2.3 billion, significantly lower than the company's $8.2 billion result in the same period last year.
By Sarah Kimpton, Vice President, Energy Transition & Innovation Development, Energy Systems at DNV
Increases in water demand for the energy transition are set to run in parallel with climate change-induced alterations to water supplies, with possibly severe implications for the viability of different energy transition sources.
In 2021, weeks after the COP26 summit in Glasgow, the chairman of the UK's Oil and Gas Authority said the North Sea offshore energy industry's social licence to operate was "barely holding".
The approval of the Green Volt floating offshore wind farm has raised concerns about the lack of a Scottish state energy company, with the Japanese and Italian governments set to benefit through stakes in its developers.
French prosecutors asked survivors and families of victims of a jihadist attack in Mozambique three years ago for more information before a decision on whether to start an investigation into their claims against TotalEnergies SE of involuntary manslaughter, Agence France-Presse reported.
Australia-listed North Sea operator Hartshead Resources (ASX:HHR) has been placed into a trading halt at the company's request, pending an announcement.
A group including commodity trader Glencore Plc and Indonesian chemicals business PT Chandra Asri Pacific is in advanced talks to buy Shell Plc (LON:SHEL) assets in Singapore in a deal that could be worth about $1 billion, people with knowledge of the matter said.
Statera Energy's plans to produce green hydrogen in Kintore puts the Aberdeenshire town in the same league as Saudi Arabia's Neom and the Port of Rotterdam, it has been claimed.
Danish helicopter firm Uni-Fly appears to be further expanding into offshore oil and gas operations with AW169 contracts in Spain and the Southern North Sea.