The UK Government is seeking input on new ways to transport captured carbon dioxide (CO2) that could help to encourage the adoption of carbon capture, utilisation and storage (CCUS) across different industries.
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.
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.
By Eversheds Sutherland partners Wilson Antoon, Katia Finkel and associate Romy Descours-Karmitz
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.
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.
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.
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.