Perenco completes three well P&A campaign at Gawain field
Perenco has announced a decommissioning milestone after completing a plug and abandonment (P&A) campaign on three subsea wells at the Gawain field.
TAQA reaches cessation of production at Tern platform
Emirati state-owned oil and gas operator TAQA (ADX:TAQA) has announced cessation of production (CoP) of its subsea fields connected to the Tern platform in the North Sea.
Scotland’s Orbital shortlisted for US floating tidal energy pilot project
Scottish renewable marine energy company Orbital Marine Power has been selected as the technology partner for a tidal energy pilot project in the US.
UK signs trade pact with Texas in effort to boost green industry
The UK has signed a new trade pact with Texas, the second-largest state in the US, in an effort to boost cooperation in green energy, aerospace and advanced technologies.
Energy industry’s methane emissions near record despite pledges
Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency said in its annual Methane Tracker report, renewing concerns that governments and industry aren’t doing enough to stem releases of the devastating greenhouse gas.
Report finds UK carbon capture strategy based on ‘outdated and unrealistic’ assumptions
Carbon Tracker analysis recommends UK government adopt scaled back and targeted CCUS approach focused on decarbonising cement sector and proving technologies on smaller scale projects.
Finalists announced for 2024 Decom Mission Awards in Aberdeen
Decommissioning trade body Decom Mission has announced the finalists for the 2024 Decom Mission Awards, set to take place in Aberdeen on 21st May.
Industry reacts to UK government’s gas plant plans and electricity market reforms
UK Energy Secretary Claire Coutinho has set out plans to build new gas power stations to avoid what she described as the "genuine prospect of blackouts".
Tidal sector aims for 80% energy cost reduction through ten key innovations
ORE Catapult report outlines ten technological innovations which could bring about an 80% reduction in tidal stream energy costs.
Worley secures work with Shell on Europe’s largest green hydrogen project
Shell has awarded a service contract to Australian engineering firm Worley for work on its green hydrogen project at the Port of Rotterdam, which is set to be Europe's largest.
BP takes $900m impairment against North Sea assets
BP (LON:BP) took an approximate $900 million (£700m) impairment charge against some of its North Sea assets in 2023, according to the firm's annual report.
Aberdeen oil boss Bob Kidd loses £150m lawsuit
Aberdeen oil boss Bob Kidd has lost a £150 million fraud case he brought against American business partners and their law firm.
Aberdeen’s Colin Black named ambassador for Scottish asthma charity
Scottish charity Asthma and Allergy Foundation (AAF) have named Aberdeen energy sector veteran Colin Black as their first ambassador.
Douglas Ross urged to whip Scottish Tory MPs against windfall tax extension
Douglas Ross has been warned he will be Scottish Tory leader in “name only” if he does not whip his MPs to vote against a windfall tax extension.
Norway investigators confirm S-92 helicopter had uncontrolled landing, floats not deployed
Investigators are working to determine why emergency floating batons did not deploy on a helicopter which ditched off the coast of Norway last week.
New BP CEO Murray Auchincloss received £8m in 2023
Newly appointed BP chief executive officer Murray Auchincloss took home just over £8m in pay in 2023, including £6.5m in bonuses.
Hess flags possible delay for Chevron deal as Exxon steps in
Hess Corp. (NYSE:HES) signaled its $53 billion agreement to be bought by Chevron Corp. may be delayed after Exxon Mobil Corp. filed for arbitration over the deal to preserve its rights to a massive oil discovery off Guyana.
Uncertainty for new North Sea project over windfall tax
Hartshead Resources warns of the risk of a "flight of capital to other jurisdictions" due to Labour Party comments on the windfall tax.
Policymakers more influenced by ‘grey’ reports which emphasise offshore wind negatives
A new study has found policymakers are more likely to be influenced by reports which tend to emphasise the negative environmental aspects of offshore wind farms.
Taiwanese company makes recyclable wind turbine blades to solve waste issue
Growing up in a poor village in the mountains of central Taiwan, Robert Tsai would have to walk more than two hours to bring buckets of clean drinking water back to their family home.
Harbour Energy ‘confident’ on completing Wintershall DEA deal despite German headwinds
Harbour Energy executives remain confident the company's planned takeover of Wintershall Dea will get approval from German authorities.
NZTC to offer £500,000 in hydrogen electrolyser innovation competition
Aberdeen's Net Zero Technology Centre (NZTC) is launching a £500,000 competition focused on improving hydrogen electrolyser efficiency.
Updated: UK government confirms £800m wind budget for AR6 auction
Renewable industry leaders called the AR6 budget a "missed opportunity" and said the government's 2030 offshore wind target "looks unachievable".
Red-faced Tory leader Douglas Ross hung out to dry as windfall tax extension announced
The Scottish Tory leader 'fought as hard as he could' against the extension of the levy - but it fell on deaf ears.
Pioneering tidal turbine displayed in National Museum of Scotland
A pioneering tidal turbine developed by Scottish firm Nova Innovation is now on display in the National Museum of Scotland.