Exclusive: Business leaders ‘extremely disappointed’ as UK Gov confirms just 35 civil servants coming to Aberdeen
Reports last year heralded 200 roles being relocated to the Granite City, but the actual figure appears to be far lower.
Swiss failed citizens on climate, human rights court says
First-of-its kind case leads to landmark climate ruling, which is likely to have ramifications across Europe.
Former Shell CEO talks up benefits of listing in New York
International oil companies listed in the US benefit from higher multiples, greater access to capital and a friendlier investor base, according to Shell Plc’s former chief executive officer.
EU ramps up pressure on China’s green tech with wind probe
The European Union ramped up pressure on Chinese clean-tech investments potentially squeezing out its local suppliers amid EU efforts to transform the bloc into a green economy.
Exxon on track with UK refinery expansion just as others shut capacity
The bulk of new diesel supply stemming from a $1 billion expansion at the UK’s largest oil refinery operated by Exxon Mobil Corp. (NYSE:XOM) will be available in the first quarter of 2025.
Methane-eating microbes show promise for wiping out planet-warming emissions
Instead of flaring, oil and gas producers could transform the methane emissions into organic fertilizer.
Former BP, Shell worker now world’s oldest living man
A former BP and Shell worker has been recognised as the world's oldest living man by Guinness World Records.
Two thirds of global university energy degrees still focused on fossil fuels
More than two thirds of university energy degrees worldwide remain focused on the fossil fuel industry rather than renewables, according to a new study.
High renewable output pushes UK power prices to negative
The UK’s wholesale power prices will drop below zero for 12 hours on Saturday — the second-longest such stint on record — as strong renewable generation means supply will outstrip demand.
Vårgrønn names former Equinor renewables boss as new CEO
Vargronn will appoint former Equinor renewables boss and Aker Solutions executive vice president Stephen Bull as CEO.
Port of Cromarty Firth gets 750th rig visit from Well-Safe Defender
The Port of Cromarty Firth (PoCF) has reached a new milestone after welcoming its 750th oil rig to the North Sea inlet in the Scottish Highlands.
World’s oil and gas firms linked to 40% of CO2 emissions since 2016
A new report has revealed the world's oil and gas firms have contributed to more than 40% of global carbon dioxide (CO2) emissions since the Paris climate agreements.
Decarbonising UK heating poses significant challenges, and opportunities
Decarbonising the UK heat sector will be crucial to achieving net zero targets, but within that challenge firms are also seeing lucrative opportunities.
Genesis Energies back in Aberdeen city centre with ambitions for growth
Genesis is targeting new clients and further growth in carbon capture, hydrogen, and asset decarbonisation as it returns to the 'heart' of Aberdeen.
Norway’s largest investors prefer climate voting over Big Oil divestment
Activist shareholder group Follow This said Norwegian investors are "true stewards" of the global economy, while their international peers promote "climate breakdown".
CIP set to invest £250m in UK solar firm Elgin Energy
Danish renewable energy infrastructure investor Copenhagen Infrastructure Partners (CIP) is set to invest £250 million and take a majority stake in UK solar developer Elgin Energy.
Aberdeen firm facing second takeover this year after ChampionX buyout
RMSpumptools to become part of SLB after its owner ChampionX was bought by the American oilfield services giant
New owners give Acteon Group ‘significant’ offshore wind potential
Offshore wind supply chain expert says private equity investment in Acteon Group could provide big boost to its offshore wind potential.
Shareholder advisory firms support BP handling of Looney sacking
Two major shareholder advisor firms have endorsed BP's (LON:BP) handling of the departure of former chief executive officer Bernard Looney.
ORE Catapult and Vattenfall extend partnership at Aberdeen wind farm
The Offshore Renewable Energy (ORE) Catapult and Swedish wind developer Vattenfall have agreed a three-year extension to their partnership at Aberdeen Offshore Wind Farm.
Macquarie unit Corio Generation is leading $50bn investment in offshore wind
Macquarie Asset Management (ASX:MQG) is making a $50 billion bet on offshore wind after sidestepping a perfect storm of low power prices and cost inflation that forced many competitors to walk away.
Big Oil is beating Big Tech as eyes turn to crucial OPEC meeting
Big tech may be driving the stock market, but after a blow-out first quarter, big oil would like a word.
Shell says support for energy shift will wane if prices soar
Lawyers for Shell argue landmark 2021 climate ruling could have disastrous consequences as appeal gets underway.
SLB announces $7.8 billion stock deal for smaller rival ChampionX
American oilfield services giant SLB (NYSE:SLB) has announced a deal worth approximately $7.75 billion in stock to buy smaller rival ChampionX (NYSE:CHX).
Search for missing Gabon offshore worker ongoing after Perenco fire
The search for a missing offshore worker remains ongoing following a fatal fire at a Perenco-operated oil platform in Gabon.