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.
OPRED issues enforcement notice to Perenco over Leman jacket
OPRED said Perenco failed to comply with commitments to fix the issue in 2022 and 2023
Altrad completes ‘year of integration’ following transformative growth
Engineering firm Altrad Group has surpassed €5.3 billion (£4.5bn) in revenue for the 2023 financial year, an increase of 38% on its 2022 results after two years of "transformative growth".
Super Puma return would ‘poison industrial relations’ in North Sea
RMT vows to work with other offshore trade unions to fight "dangerous proposals" to bring back Super Puma
Aberdeen’s Balmoral appoints new director to strengthen global offshore wind ambition
Aberdeen firm Balmoral has announced the appointment of a new non-executive director as the company aims to cement its global offshore wind ambition.
Airbus execs hint at return of Super Puma to offshore sector
Airbus executives are confident in the Super Puma's safety, but any return could lead to a battle with labour unions which see it as a "flying coffin".
Former Aberdeen oil and gas worker on building property portfolio and appearing on Homes Under The Hammer
James Duguid now has more than 40 homes as part of his property empire.
Scottish offshore wind port projects move to second stage of SIM process
Scottish Government announces Stage 2 projects under the Strategic Investment Model
Veri Energy boss Salman Malik unveils his green dream for UK North Sea
Sullom Voe will continue to 'define the economic landscape of Shetland', he told guests at Prosper's Annual Lecture in Aberdeen.
Norway’s gas exports may hit a record this year, Equinor says
Natural gas supplies from Norway may potentially reach a fresh record this year as the country works to reduce its maintenance schedule across its facilities.
Plans to maximise North Sea oil and gas production move closer to becoming law
The Offshore Petroleum Licensing Bill passes through the House of Commons.
Scotland’s fuel binge offers glimpse of future without refinery
Scotland's only oil refinery at Grangemouth is set to close by mid-2025
UK subsea sector calls for more surety and less ‘political point scoring’
Subsea sector leaders are calling for greater industrial support and project surety to help them navigate the energy transition.
Equinor gets planning approval for H2H Saltend hydrogen project
H2H Saltend project aims to "kick-start" decarbonisation initiatives in the surrounding Humber region.
Ed Miliband: ‘It is right to tax the windfall profits of oil and gas companies’
The Labour shadow energy secretary says massive investment will secure jobs and new energy technology for the future.
Shell to begin demolition of Aberdeen HQ as bosses promise ‘positive vision’ for site
The distinctive Altens building has been a prominent part of the city skyline for decades.