Harbour Energy’s Wintershall Dea takeover ‘on track’ for Q4 completion
Independent North Sea operator Harbour Energy said its planned takeover of German rival Wintershall Dea is "on track" for completion in the fourth quarter of this year.
The world’s biggest carbon removal plant comes online in Iceland
Amid the steam rising around Iceland’s Hellisheioi station sits a newly built warehouse surrounded by giant fans run by carbon removal startup Climeworks. Dubbed Mammoth, the project is now the world’s biggest plant to suck carbon dioxide from the air.
HSE finds Repsol failed to secure effective emergency response on Fulmar A
The Health and Safety Executive (HSE) has reprimanded North Sea operator Repsol Resources UK for failing to secure effective emergency response measures at its Fulmar A platform.
Port of Cromarty firth appoints Alex Campbell as new chief executive
The Port of Cromarty Firth (PoCF) has appointed Alex Campbell as its new chief executive following the retirement of former boss Bob Buskie.
Norway offshore unions agrees deal to avert strike
Oil and gas firms in Norway reached agreement on a new wage deal with offshore unions on Wednesday, averting the risk of strike action later this year.
Diamond Offshore returns to profit with $11.6m earnings in Q1
Offshore rig operator Diamond Offshore Drilling (NYSE:DO) returned to profit with $11.6 million in Q1 earnings, a marked turnaround from its previous quarter loss.
Renewable sources provided record 30% of electricity last year
The share of global electricity from renewables rose to a record 30% last year as the growth of wind and solar power continued to far exceed that of fossil fuels.
TotalEnergies has plenty of reasons to say ‘Au Revoir, Paris’
TotalEnergies SE’s chief executive officer has plenty of reasons to antagonize the French government with the possibility of moving its stock listing to Wall Street. Measured in dollars, there are tens of billions of them.
UK awards £196m grant to build Europe’s first next generation nuclear fuel facility
The UK government has awarded a £196 million grant to build the first next generation nuclear fuel facility in Europe in a bid to further isolate Russia from global energy markets.
Siemens Energy surges on wind unit turnaround, job cuts
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.
BP follows Shell in nixing US relisting
BP chief executive officer Murray Auchincloss has said that the company has no plans to relist in the US.
HSE flags fault in wind turbine service lifts after technician suffers ‘serious injuries’
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.
Vestas CEO says $217 billion wind industry has yet to reach ‘maturity’
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 offshore helicopter pilots ‘forced to strike’ in dispute over pay
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.
Aberdeenshire firm EnerQuip eyeing £25 million sales in 2025
It follows a record-breaking year in 2023 and continued export success this year.
High Court rules UK climate action plan unlawful, again
The High Court has ruled the UK government's climate action plan is unlawful for the second time in a case brought by environmental groups.
BP reports lower than expected first quarter profit of $2.3 billion
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.
Climate change, water, and the energy transition – managing the balance
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.
Inside the job of maintaining the offshore energy sector’s social licence to operate
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".
Finder Energy plans to build out position near giant Buzzard field
Australian operator Finder Energy (ASX:FDR) has outlined its plans for two licences it received in the latest tranche of the 33rd licensing round.
ConocoPhillips reaches first oil at Norway’s Eldfisk North ahead of schedule
ConocoPhillips Skandinavia has announced successful first oil production at its Eldfisk North project in the Norwegian North Sea.
Green Volt approval raises concerns over lack of Scottish state energy company
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.
1978: Flag-waving crowds and Royal wisecracks as Queen Elizabeth opens the St Fergus gas terminal
On this day in 1978, Queen Elizabeth II arrived in Aberdeenshire to carry out the formal opening of the St Fergus gas terminal.
Prosecutors seek more information on TotalEnergies Mozambique attack, AFP Says
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.
UK and Scottish governments ‘sleepwalking’ on future of Grangemouth refinery
Both of Scotland’s governments have been accused of “sleepwalking towards disaster” on protecting the future of Scotland’s only oil refinery.