Debt-laden Petrofac (LON: PFC) has reported a $505 million net loss in its delayed full-year financial results for 2023, with the company looking to sell some of its non-core assets to provide fresh capital.
Reabold Resources has blamed “political instability in the UK” for delays at its West Newton gas development.
People across Scotland have backed Aberdeen as the headquarters for GB Energy, the Labour Party’s proposed publicly-owned energy company, according to new figures released by advisory firm True North.
Manchester-based Circular Refining & Products has unveiled plans to develop a nuclear-derived 'ruby' hydrogen production facility at Deeside Industrial Park, on the border between North Wales and Northwest England.
The upcoming general election is an opportunity to address flaws with off-payroll tax rules which "offshore contract workers have been hit hard by," Qdos said.
A series of 44 NGOs has urged the Scottish Government Ministers to reject Equinor and SSE’s application for a new gas power plant at Peterhead.
Three people will join the board of industry organisation RenewableUK as the results of its 2024 election have been announced.
Investment bank analyst says energy profits levy is 'tax on certainty, a tax on confidence' as industry faces 'cliff-edge'.
Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.
Independent energy producer Viaro Energy is reportedly nearing a deal to buy Shell and ExxonMobil’s jointly-owned gas fields in the southern North Sea.
ConocoPhillips has agreed to buy Marathon Oil (NYSE:MRO) in a $17 billion all-stock deal.
Ithaca Energy (LON: ITH) has said that production has resumed at the Pierce field after a six-month production halt.
The ExxonMobil investor that the oil giant is suing for its climate-related shareholder proposal is promising not to file similar motions in the future in a bid to get the legal action dropped.
Ithaca Energy (LON: ITH) has proposed appointing Luciano Vasques as its new chief executive officer.
Synergia Energy (AIM: SYN) has begun the farm-out process concerning its Medway Hub Camelot carbon capture and storage (CCS) project in the UK.
The final transition pieces (TPs) for Ocean Winds’ 882MW Moray West wind farm located in the Moray Firth have been delivered by United Arab Emirates-based manufacturer Lamprell.
The FutureSkills apprenticeship programme in Caithness has received £50,000 in support from the West of Orkney Wind Farm.
New research has warned that the next UK government will have just 100 days to restore confidence to the North Sea energy sector and save 100,000 jobs.
The Hydrogen Coordination Forum, which comprises national and regional industry groups in the low-carbon hydrogen space, has set out 10 steps its members see as “quick wins” that would accelerate the growth of the UK’s nascent hydrogen economy.
Serica Energy (AIM: SQZ) has awarded Subsea7 a “sizeable” contract to supply a pipeline for the company’s Belinda field development south-east of the Triton FPSO.
Ofgem has confirmed that that it will lower the energy price cap for domestic energy bills by 7% from 1 July to 30 September 2024 compared to the previous quarter.
Equinor, Centrica and SSE Thermal have launched a collection of low-carbon hydrogen projects planned for the Yorkshire and Humber region in northeast England.
Bodies from the oil, gas and offshore wind industry have reached an agreement to trial an ‘energy skills passport’ that will allow cross-sector recognition of industry training and expertise, according to a joint statement released by RenewableUK and OEUK.
UK-based Supercritical Solutions and Australia’s HAMR Energy will partner in an e-methanol project that aims to reduce renewable methanol costs by 20%.
Airlines have raised concerns with the UK Government’s plans to introduce a sustainable aviation fuel (SAF) mandate in 2025.
