Serica Energy announces departure of chief executive Mitch Flegg
Serica Energy (LON:SQZ) has announced its chief executive officer Mitch Flegg will leave the company after six years at the helm.
Shell maintains pace of buybacks as Q4 profit beats estimates
Shell Plc (LON:SHEL) maintained the pace of its share buybacks after a strong performance from its gas traders offset the impact of lower commodity prices in Q4.
Who won? A look at the latest North Sea licences being dished out by NSTA
The second tranche of the 33rd offshore licensing round sees 17 companies awarded North Sea licences
Hartshead Resources agrees ‘financing backstop’ for Anning and Somerville gas field developments
Hartshead Resources (ASX:HHR) has announced a deal for a 'financing backstop' worth A$800 million (£415m) to progress the first phase of the Anning and Somerville developments in the North Sea
Viking CCS project awards FEED contract to Technip Energies
The developers behind the Viking carbon capture and storage (CCS) project have awarded a front end engineering and design (FEED) contract to French firm Technip Energies.
Aberdeen’s Craig International boosts turnover by more than 60%
Aberdeen-headquartered energy procurement firm Craig International has reported an increase in turnover of more than 60% as the company nearly doubled its profits for the year ending April 2023.
Finalists revealed for Aberdeen’s Subsea Expo Awards 2024
Aberdeen’s P&J Live set to host the world’s largest subsea exhibition
Activist investor fund urges BP to drop clean energy strategy
An activist investor fund is reportedly urging BP (LON:BP) to abandon its commitments to reduce oil and gas output and other parts of its clean energy strategy.
Biden urged to reverse LNG pause by global business groups
Business organizations from the US, Europe and Japan called on the Biden administration to reverse a decision to freeze approvals of new licenses for liquefied natural gas export facilities.
TRAC International blames job losses on Brexit and inflation
Radio division drives Aberdeen-based firm to a loss, despite success in energy segment
Labour would need £8 billion to deliver green plan within rules
The Labour Party needs to find at least £8 billion ($10 billion) to deliver its green-investment plan, a new analysis shows, underscoring why UK opposition leader Keir Starmer may be mulling changes to the initiative.
Gas-addicted Europe trades one energy risk for another
Europe, long-reliant on Russian natural gas, has nearly severed its dependency on the Kremlin in less than two years. Its preferred replacement — gas from the US — is widely viewed as abundant, politically palatable and less likely to be choked off than pipelines from Siberia.
Equinor among big name bidders for fourth New York offshore wind round
Equinor, Ørsted and RWE announce bids for fourth New York offshore wind round
Odfjell union workers call off strike at Equinor’s Mariner platform
Odfjell Technology workers on Mariner will now move to two weeks on, three weeks off rotas
Orsted ramps up bet on US offshore wind with New York deal
Orsted A/S (CPH:ORSTED) agreed to buy out its joint venture partner in a New York offshore wind farm after abandoning two New Jersey projects last year and taking $4 billion in impairment charges.
Shell’s Victory move highlights ‘clear tax incentive’ from EPL investment allowance
Tax incentives associated with the Energy Profits Levy may have encouraged Shell to move its Victory plans forward.
First Minister hints at Scottish ports investment for offshore wind growth
Humza Yousaf announces three projects will move to second stage of offshore wind Strategic Investment Model.
Watch: Annual North Sea licences bill debated in UK parliament
Energy Secretary says Offshore Petroleum Licensing Bill will improve energy security and secure jobs while Labour calls it "climate vandalism" and "hypocrisy".
Buchan: NEO hits milestone on UK’s third-largest upcoming oil and gas project
Operator NEO Energy submits environmental statement for Buchan redevelopment in Moray Firth.
Aberdeen Uni study raises concerns over gas field hydrogen storage
The study raises questions on whether depleted onshore and offshore gas fields can be safely and effectively used for hydrogen storage
Azeris add women to COP29 organizing committee after criticism
Azeri decision to not include any women in COP29 organising committee criticised by campaign groups.
Former UK net zero chief hits out at North Sea oil and gas ‘favouritism’
Former Tory MP Chris Skidmore also derides "culture war" around net zero policies.
EU set to seek ambitious goal of 90% emissions cut by 2040
The European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040, a target backed by climate scientists and criticized by the industry in the face of high energy prices and growing international rivalry in clean technologies.
‘Critical’ meeting to discuss future of Grangemouth refinery
Scottish and UK Governments will discuss Grangemouth refinery future
Shell’s appeal of landmark climate ruling to begin in April
The Shell appeal will be heard in The Netherlands beginning on April 2