A 2020 study by McKinsey stated, ‘The oil and gas industry accounts for 42% of global emissions…in addition, it produces the fuels that create another 33% of global emissions.’
Around 200 Odfjell Technology (FRA: ND4) offshore workers will be balloted on strike action in a dispute over working rotas and paid annual leave.
Still Wakes the Deep, which is set on a collapsing oil rig in Scotland’s North Sea, will be launched early next year.
Chevron Corp. (NYSE: CVX) fell short of analysts’ expectations amid weak returns from its overseas refineries as the oil giant moves closer to the $53 billion purchase of storied rival Hess Corp.
Exxon Mobil Corp. (NYSE: XOM) Exxon Mobil Corp. and Chevron Corp. posted disappointing profits amid weak performances by their oil-refining and chemical businesses.
A new 20-acre solar park has opened in Angus in the Northeast of Scotland, boosting green energy production in the local area.
Aberdeen's Seacroft Marine Consultants has announced a management buyout, with company director Jennifer Fraser to step down after 27 years with the firm.
The UK’s natural gas network will be ready to blend some hydrogen into the grid by the end of next year, according to its operator, which is preparing for the technology despite renewed debates about its viability.
Xinjiang Goldwind Science & Technology Co., the largest wind-turbine maker, said profit plunged as a price war continues to offset some of the benefits of China’s surge in clean energy investment.
Aberdeenshire oil field equipment supplier Coretrax has secured a multi-year contract with a Middle East operator to deliver production enhancement across a multi-well campaign.
Norwegian oil and gas company Vår Energi has approved a concept for gas export from the Goliat field in the Barents Sea.
A new 'state-of-the-art' tidal turbine blade has been manufactured in Scotland for the first time, and engineers say it could reduce the levelised cost of tidal energy (LOCE).
Aberdeen subsea equipment provider Ashtead Technology has signed an exclusive rental agreement with Australian firm Reach Robotics.
A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.
New York has selected three offshore wind farms to negotiate power contracts with the state as the industry faces increasing challenges from rising costs.
Orcadian Energy has announced the North Sea Transition Authority (NSTA) is prepared to grant a two-year extension on its P2244 licence in the Pilot field, subject to certain conditions.
General Electric Co. (NYSE: GE) expects its offshore-wind operations to post annual losses of about $1 billion (£822 million) for this year and next as the industry struggles with rising costs.
The European Union launched a wind power package on Tuesday to counter the growing influence of China and spur its own industry, as the bloc focuses more firmly on China as the biggest threat to its clean-tech industry.
Aberdeen oil and gas engineering services firm Plexus Holdings has been awarded an equipment contract for a new North Sea plug and abandonment (P&A) project by SLB (NYSE: SLB).
Statera Energy has awarded a front end engineering and design (FEED) contract for the first phase of its 3GW Kintore Hydrogen project to Australian firm Worley.
Aberdeen oil field equipment supplier AISUS Offshore has announced a strategic partnership with Brazilian engineering firm SIMEROS.
Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy.
Report shows the pace of development in the global hydrogen sector is accelerating, and the researchers are warning the UK is at risk of falling further behind the European Union and the United States.
The development could limit the need for expensive rock armour around offshore wind structures.
Italian oilfield services firm Saipem (BIT: SPM) has awarded Petrofac a new multi-million-pound deal to support the decommissioning of a platform in the UK sector of the North Sea.
