UK solar developers secure record support in AR6 auction
Solar developers have secured record levels of government support in the UK’s annual renewables Contracts for Difference (CfD) auction, Allocation Round 6 (AR6).
North Sea operator Harbour Energy completes buyout of German rival Wintershall DEA
North Sea operator Harbour Energy has completed the acquisition of German rival Wintershall DEA in a deal worth $11.2 billion (£8.53bn).
Aberdeen’s ICR secures £2.7m in Middle East contracts
Aberdeen-headquartered maintenance and integrity solutions firm ICR Group has secured $3.5 million (£2.67m) in Middle East contracts over the last four months.
A strategic vision for investment and innovation in wave energy
Mocean Energy's Cameron McNatt outlines a strategic vision for wave energy in the UK, and the role GB Energy could play.
NZTC offers £500k grant funding for clean energy start-ups
Aberdeen's Net Zero Technology Centre (NZTC) is offering £500,000 in grant funding for start-ups as part of the 2025 edition of its TechX Clean Energy Accelerator.
Equinor to downsize renewables unit, begins talks with unions
Equinor ASA will downsize its renewables unit and is beginning discussions with unions regarding employees at the division.
Labour’s North Sea tax hike to land £13 billion blow to UK economy, OEUK says
UK government plans to raise the windfall tax on North Sea oil and gas firms could cause a £13 billion hit to the UK economy between 2025 and 2029, a report has found.
Drax to pay £25 million for misreporting biomass data
Drax Group Plc will pay £25 million ($32.9 million) after UK regulator Ofgem found that the company had misreported data about the biomass it burns in its power plant.
BP stock trails Shell as investors turn away from green energy
London’s old-school oil stocks are no longer moving in tandem, as BP Plc underperforms Shell Plc due to concerns over the former’s green-energy transition and the outlook for earnings and shareholder payouts.
BP Aberdeen Hydrogen Hub contract set to create 40 green jobs for Hydrasun
Scottish firm Hydrasun will create 40 green engineering and construction jobs after securing work on the Aberdeen Hydrogen Hub (AHH).
Step Change in Safety releases findings from ‘largest-ever’ workplace survey
North Sea safety organisation Step Change in Safety has released a report based on the results of its largest ever industry survey.
UK ‘committing suicide economically’ over North Sea policies, Hunting CEO says
Hunting CEO Jim Johnson sees strong growth for the 150-year-old firm in South America and the Middle East, but his outlook is less positive for the UK.
Supercharging hydrogen production in the UK: Priorities for the new Labour government
The Labour Government has now been in power for eight weeks. With this has come a renewed sense of hope for net-zero, energised by the Government’s desire to hit the ground running and launch in quick succession, amongst others, the removal of the de facto ban on onshore wind, the National Wealth Fund, Great British Energy, and the ‘superhighway’ Eastern Green Link 2 project.
NSTA considers naming operators that fail to meet decommissioning deadlines
The North Sea Transition Authority (NSTA) regulator is warning it could soon name and shame operators who fail to meet decommissioning deadlines.
UK wind sector powers past 30 GW as Shetland’s Viking project connects to grid
The UK renewable sector has reached a "historic milestone" with more than 30 GW of wind generation capacity deployed for the first time.
Scotland’s hydrogen supply chain ‘will struggle to meet demand’ without additional action, BP JV says
BP Aberdeen Hydrogen Energy Limited also awarded the first tranche of supply chain contracts for its Aberdeen Hydrogen Hub project to five local firms.
Ten North East energy supply chain firms share in £1.5 million ETZ funding
ETZ Ltd has awarded £1.47 million in grants to ten North East Scotland firms as part of the Challenge Fund focused on driving the energy transition and creating jobs.
Wood wins FEED contract for EET Fuels hydrogen project at Stanlow refinery
EET Fuels has selected Aberdeen-headquartered Wood to undertake planning works for its hydrogen fuel switching project at the Stanlow refinery.
Norway oil output, renewable push go hand-in-hand, Aker BP says
Norway must make more area available for hydrocarbon exploration and scale up the country’s nascent renewable sector in order to protect domestic suppliers of parts and services, according to the head of the country’s second biggest oil and gas company.
Norway’s wealth fund marks €900 Million for CIP renewables fund
Norway’s $1.7 trillion sovereign wealth fund committed to invest €900 million ($1 billion) in Copenhagen Infrastructure Partners’ fifth flagship fund, the first time it will take an indirect stake for its unlisted renewable energy infrastructure portfolio.
UK-Ireland Greenlink interconnector completed
Japanese firm Sumitomo Electric has announced the completion of the Greenlink Interconnector cable project between the UK and Ireland.
North Sea offshore energy sector gathers in Norway for 50th ONS
Delegates from across the North Sea offshore energy sector are gathering in Norway's oil and gas capital Stavanger this week for the 50th anniversary of ONS.
Scotland could see lowest power prices in Europe from market reforms, but risks remain for renewables developers
Scotland could benefit from the lowest power prices in Europe if plans to introduce zonal pricing reforms go ahead, according to a study.
GE Vernova shares fall after another offshore wind blade failure
A turbine blade failed at the Dogger Bank offshore wind farm on Thursday morning.
Time to think big and secure Scotland’s clean energy supply chain
I’ve lost count of how many times I’ve told someone that we’re still not thinking big enough when it comes to offshore wind in Scotland.