UK Prime Minister Rishi Sunak has been called on to pause and review the developed of a potential turbine facility in Scotland being developed by Mingyang Smart Energy (LON:MYSE).
Aberdeen-headquartered engineering services company Wood Group (LON: WG) has once again found itself a takeover target after rejecting a bid from Lebanese engineering firm Sidara.
There's talk that this could this be the last licencing round given the rhetoric from Labour.
We saw a really good opportunity to put together a completely different development plan for the Earlham discovery
The pipeline of battery storage projects in the UK has grown by two-thirds in capacity over the past year, trade association RenewableUK has found.
Analysts have warned the long-delayed results of the UK’s 33rd licensing round could see developers hand back the North sea licences awarded to them.
Neptune Energy is seeking a drilling rig to work on its Cygnus gas field, according to data from the North Sea Transition Authority’s (NSTA’s) Pathfinder database.
Shell (LON: SHEL) has no plans to list in New York, preferring to focus on its share buyback scheme to increase its value.
Fresh research has said that recent increases in the cost of offshore wind farms are mostly expected to be short term.
The Ocean GreatWhite rig was working for BP in the West of Shetland when the incident took place
Industrial cleaning specialists Sureclean has launched Sureresponse, a dedicated environmental response division to help clean up oil spills.
Investors are bringing a rising number of energy arbitration claims against states, driven by the pace of transition to renewables and the increase in environmental, social and governance (ESG) and climate-related regulations.
Democratic lawmakers in the US lambasted oil majors in a new report on Tuesday (30 April), claiming that the industry has engaged in “an elaborate campaign of deception and doublespeak” to forestall meaningful climate action and sustain their outsized profits.
Norwegian oil company OKEA has submitted the plan for development and operation (PDO) for the Bestla oil and gas field in Norway’s North Sea.
GE Vernova (NYSE:GEV) has invested $10.2 million (£8.1mn) in Xlinks First’s proposed UK-Morocco power project.
The North Sea Transition Authority (NSTA) has fined Perenco £225,000, the highest ever financial penalty handed out by the body, over excess gas venting.
Chinese turbine manufacturer Mingyang Smart Energy (LON:MYSE) has said that the company is actively exploring international markets despite a fall in its overseas revenue.
Analysts have warned that debt-laden Petrofac (LON: PFC) could sell off non-core assets as the company looks for fresh capital to service its debts.
Aberdeen-based offshore services group Balmoral Comtec has received a multi-million-pound contract for the supply of cable protection systems (CPS) by Orsted for its major Hornsea 3 project.
Aberdeen-based Wood (LON:WG) has appointed Jennifer Richmond to the newly created role of chief strategy officer (CSO).
The Scottish Government has been accused of “dodgy sums” as two green freeport schemes are set to deliver tens of thousands fewer jobs than were initially promised.
A project that will expand UK gas storage next year has been touted as a boon for Europe’s energy security. It’s also a substantial win for the small Gulf nation of Qatar.
Namibia’s oil potential could one day match Guyana, where big discoveries have sparked an economic transformation and set the world’s biggest companies jostling for position.
Xlinks First has announced a $14.1 million investment from Africa Finance Corporation (AFC) to further the development of Xlinks’ UK-Morocco Power Project.
Equinor (OSLO: EQNR) has beaten forecasts to deliver higher than expected first-quarter results, boosted in part by higher production thanks to its stake in the UK’s Buzzard field.
