Equinor employee last to be retrieved from sea in Norway helicopter crash
Investigators release further details of Norway helicopter crash search and rescue operation as 'black box' flight recorder recovered from wreckage.
Major parties in ‘rush to the bottom’ on UK energy policy, says Kistos’ Andrew Austin
“Each time we think we have certainty, someone moves the goalposts and that's not helpful.”
Future North Sea: Firms grapple with skilled talent conundrum
Future North Sea event hears optimistic vision of the energy sector's future, but significant challenges remain.
NSTA launches online tool to showcase decom plans to supply chain
The initiative aims to give the North Sea supply chain a clearer picture of upcoming projects
Viaro Energy acquires 100% interest in West of Shetland licence
Viaro Energy previously held a 50% stake in the P2539 licence after it acquired Spark Exploration last year.
UK subsidies for fossil-fuel power plants swell to record
The UK will continue to subsidize fossil-fuelled power plants into the second half of this decade with operators paid a record fee to stay open.
Aberdeen’s Three60 Energy secures multi-million pound deal on Sumitomo Highlands cable factory
Aberdeen-headquartered Three60 Energy has announced a multi-million pound deal with Sumitomo for work on a planned high voltage cable factory near Inverness.
Diamond Offshore posts fourth quarter loss of $145 million
Rig operator Diamond Offshore Drilling (NYSE:DO) posted a loss of $145 million as it released its fourth quarter results.
Why politicians are stoking a climate backlash that threatens green goals
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
Aberdeen firms tell Jeremy Hunt to scrap windfall ‘supertax’
The UK Chancellor is facing calls to remove the controversial tax on oil and gas giants ahead of his spring budget next week.
Climate measures risk sparking social unrest, German agency warns
The European Union is at risk of widespread backlash against its climate agenda unless politicians do more to blunt the effects of rising carbon prices on low-income households, according to the head of Germany’s Environment Agency.
Heat pumps powered by community wind turbines could cut bills – report
Community energy schemes using onshore wind to power heat pumps could cut household bills by more than a quarter compared to gas, a report suggests.
EnQuest and Aberdeen BP schemes win share of UK government’s £21m hydrogen pot
Low carbon hydrogen projects from North Sea operators EnQuest and BP are among seven UK projects set to share in £21 million of government support.
Lhyfe unveils plans for first UK green hydrogen plant
Green hydrogen firm Lhyfe (EURONEXT:LHYFE) has announced plans for its first UK production facility in the North East of England,
Germany to allow carbon storage to pave way for lower emissions
Germany will allow heavy industries who don’t have other ways of cutting emissions to transport and store carbon underground, a reversal of the government’s original stance as it bolsters efforts to reach climate neutrality.
Net Zero economy grew 9% in 2023 to be worth £74bn, report says
The “net zero economy” - from renewables and electric cars to green finance - grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.
Dolphin says HMRC court case could impact ‘500 offshore vessels’
Aberdeen-headquartered Dolphin Drilling (OSLO: DDRIL) has said "up to 500 offshore vessels" in the North Sea could be affected by court decisions in its ongoing dispute with tax officials.
LNG demand will surge 50% in next decade, Woodside CEO says
Woodside Energy Group Ltd. (ASX:WDS), Australia’s top liquefied natural gas exporter, expects consumption of the fuel to rise 50% over the next decade, pushing the supplier to consider further expansions.
St Fergus gas plant contractors secure collective bargaining agreement
Around 100 contractors employed by Wood and Kaefer agree to new collective bargaining agreement.
Report finds nearly two thirds of UK energy firms consider moving investments abroad
UK Sustainable Investment and Finance Association report finds failure to implement favourable policies could see UK lose out on £115 billion in investment
Xlinks appoints new CEO to lead ambitious Morocco-UK power project
Xlinks First Ltd. has appointed a new chief executive officer to lead its ambitious plan to transmit electricity from a solar and wind power plant in Morocco to the UK via a subsea cable,
Dolphin Drilling order backlog rises above $1bn in Q4 results
Aberdeen-headquartered Dolphin Drilling (OSE:DDRIL) has announced its fourth quarter (Q4) results as the company's order backlog rises above $1.1 billion (£870m).
Husband snooping on wife’s BP M&A work gets insider trading charge
A Texas man made almost $2 million by illegally trading on his wife’s conversations with her BP Plc (LON:BP) colleagues, according to the US Securities and Exchange Commission in its latest case about couples eavesdropping while working from home.
Serica completes Greater Buchan Area farm-in
Serica Energy (LON:SQZ) has completed its acquisition of a 30% non-operated interest in the Greater Buchan Area (GBA) redevelopment from Jersey Oil and Gas (LON:JOG).
Singapore firm secures stake in Scottish hydrogen developer Logan Energy
Singapore-based Lanxing New Energy has secured a 36% stake in Scottish hydrogen firm Logan Energy.