Chevron to buy Hess for $53 Billion in latest oil megadeal
Chevron Corp. (NYSE: CVX) agreed to buy Hess Corp. (NYSE: HES) for $53 billion, the latest major US oil takeover as the industry bets on an enduring future for fossil fuels.
TotalEnergies announces partnership in 3GW Attentive Energy wind farm
TotalEnergies will partner with offshore wind developer Corio Generation and electricity producer Rise Light & Power to develop the 3GW Attentive Energy wind farm in the United States.
Equinor’s Breidablikk field starts production four months early
Equinor has announced production from the Breidablikk field in the North Sea began on October 20, four months ahead of schedule.
Wind farm builders push UK for tax breaks amid surging costs
Wind-farm developers are lobbying the UK government to give them more tax breaks in the fall budget, arguing that rising interest rates and supply-chain costs are putting the viability of some new projects in doubt.
Sweden power crunch can be eased with offshore wind, Orsted says
(Bloomberg) - The best option for Sweden to mitigate a power crunch in the second half of this decade is to speed up approvals for offshore wind parks, said an executive with Orsted A/S, the world’s biggest developer of those sites.
Greenpeace vows to appeal after losing court challenge to new North Sea oil and gas licenses
Environmental campaign group Greenpeace has vowed to appeal after it lost a legal challenge against a new major UK oil and gas licensing round.
Scottish Renewables says action needed to maintain UK position as ‘world leader’
Scottish Renewables is calling on the UK government to take urgent action to maintain the country's position as a 'world leader' in renewables.
Aurora Energy acquires US wind turbine firm in first international takeover
Inverness-headquartered Aurora Energy Services has acquired US wind turbine blade repair and maintenance specialist Cotech Group in its first international takeover.
Biden’s 2030 wind goal looks like it simply won’t happen
(Bloomberg) --When President Joe Biden in 2021 laid out a target of deploying 30 gigawatts of offshore wind capacity during the next nine years, the plan was deemed bold and ambitious.
EU aims to counter China by bolstering wind energy industry
The European Union will pledge to prop up its wind industry in the face of toughening global competition, supply-chain bottlenecks and financing concerns to ensure that the bloc can meet ambitious climate and sustainable growth plans.
HSE serves notice against Stena Drilling over legionella risk
The Health and Safety Executive (HSE) has issued a warning to Stena Drilling relating to potential risks of legionella bacteria exposure on its Stena Don installation.
Norway delays bids for Utsira Nord offshore wind zone
The bid deadline for the Utsira Nord offshore wind zone has been delayed to 2024, while the deadline for Sørlige Nordsjø II has also been pushed back due to changes in the bidding criteria.
ESB takes over Wood stake in Lewis Wind Power partnership
Irish state-owned energy company ESB will partner with EDF Renewables to deliver the Stornoway wind farm on the Isle of Lewis.
Ocean Installer awarded Eirin gas field subsea tie-back contract
Norwegian firm Ocean Installer will complete a subsea tie-back of Eirin gas field after securing a contract from Equinor.
Shell CEO reassures staff he believes in climate action
Shell Plc (LON: SHEL) chief executive officer Wael Sawan told the company’s staff that he “believes in urgent climate action,” despite shifting focus toward its core oil and gas businesses.
Aberdeen-based OSSO secures new Saudi partnership, doubles Mid East revenue
Aberdeen-based oilfield equipment specialist OSSO will form a new partnership with a Saudi company after it more than doubled its revenues in the Middle East.
Harmony Energy powers up battery energy storage system in Scotland
Harmony Energy has powered up two battery energy storage systems (BESS), including its Little Raith project in Scotland.
Aberdeen’s Centurion Group revenue soars to record £550m
Revenue at Aberdeen-based energy services firm Centurion Group more than doubled to almost £550 million last year.
Supply chain and skilled labour top concerns for global wind industry
A new report has found supply chain issues, skilled labour shortages and turbine reliability are among the top concerns of the global wind industry.
Net Zero Success Hangs on Rapid Power Grid Build-Out, IEA Says
Investment in the world’s electricity grids must double to more than $600 billion a year if nations are going to meet their climate targets and maintain energy security.
Unite union and Petrofac end pay dispute over ‘clawback’ policy
The union representing around 85 offshore workers employed by Petrofac (LON: PFC) has announced an end to a pay dispute centred on 'clawback' entitlements.
Award nominees announced for 2023 Scottish Green Energy Awards
Scottish Renewables has announced the shortlisted nominees for the 2023 Scottish Green Energy Awards, set to be held on November 30 in Edinburgh.
New HyNet partnership aiming to tackle green skills gap
Industrial decarbonisation project HyNet has partnered with a local talent development initiative to address the region’s green skills gap.
Fife based Oceaneering workers balloted on strike action after pay offer rejected
Around 90 union members working for Oceaneering in Fife will vote on taking strike action after rejecting a pay offer.
Aberdeen’s OEG raises $140m for rapid renewables expansion
OEG chief executive officer John Heiton said the company is targeting up to 12 acquisitions in the offshore wind sector.