Russians get stake in North Sea production
RUSSIA'S top gas producer, Gazprom, will start producing in the North Sea after an asset-swap with German company Wintershall.
Start of new era in Romania for Sterling
OIL and gas firm Sterling Resources hailed a new era yesterday after moving into one of Aberdeen's most prestigious office buildings and announcing the relaunch of its Romanian projects.
Amec shares rise while Xcite’s fall
Banks led London's blue chip shares index lower today as investors waited for further details about the eurozone rescue plan.
Offshore success stories wanted for top awards
ORGANISATIONS and individuals in the oil and gas industry have been encouraged to share their stories of success and put themselves forward for the Offshore Achievement Awards 2012.
MEP in attack on windfarm ‘follies’
A SCOTTISH MEP last night said that windfarms are the modern equivalent of national follies but with less practical benefit.
Confidence boost for green energy
INVESTORS in Scottish green energy can have more confidence in the future of the sector, thanks to a new group set up to accelerate the planning process for new projects, according to leading firms in the industry.
Alexander holds out hope of relief for energy firms
Chief Secretary to the Treasury Danny Alexander said yesterday that the UK Government hopes to introduce further tax relief for the oil and gas industry in next year's Budget.
More offshore windfarm deals awarded
Lease agreements have now been awarded for five more offshore windfarm sites in Scottish waters.
EU move over offshore safety
The European Union announced plans last night to seize regulatory control of the oil and gas industry - and it wants operators to put up more than £100million a year to pay for it.
Subsidies for solar power unsustainable, says minister
All households which instal solar electricity panels must meet minimum energy efficiency standards to benefit from subsidies, the UK Government said yesterday.
Senior appointments at KCA Deutag
ABERDEEN-BASED drilling contractor KCA Deutag announced yesterday the recruitment of a new chairman, Norman McKay, with immediate effect, as its set its sights on further growth.
Treasury secretary welcomes Nexen’s North Sea investment
THE new Treasury minister charged with handling issues including North Sea oil taxation welcomed Nexen and its partner's investment.
Scots oil workers evacuated after part of drilling rig starts to sink
Scottish oil workers had to evacuate a drilling rig off the Falkland Islands after part of it started to sink during a power cut.
Paid leave battle goes to top court
THE UK Supreme Court has heard that offshore staff are at work for 328 more hours a year than most workers and should be allowed extra time off for a family wedding or a "holiday of a lifetime".
Energy firm withdraws windfarm application
AN ENERGY company has withdrawn its application to build a 29-turbine windfarm on a site important for a threatened bird of prey.
Windfarm protesters to picket council HQ
CAMPAIGNERS against a windfarm on the edge of the Cairngorms National Park will take their protests to the doorstep of Highland Council next week.
Oil-related traffic surge continues at Shetland port
OIL-RELATED activity at Lerwick harbour is showing a significant increase this year, the port's bosses said yesterday.
Dounreay low-level waste store project is a ‘milestone’
Work is due to begin next month to construct a £100million store for low-level radioactive waste from a former nuclear power station.
EnQuest and Aberdeen Asset Management rise, Premier Oil falls
The London market made small gains today as traders waited for the details of a eurozone rescue plan expected to be hammered out at a crunch meeting of politicians.
Sir Ian: I’m part of lucky generation
Sir Ian Wood has spoken about the work of his family trust in Africa - and how he felt compelled to help those less fortunate after being part of a "lucky generation" to have benefited from North Sea oil and gas.
Ferguson poised to hit turnover of £50m this year
North-east oil service company Ferguson Group said yesterday it was poised to exceed £50million annual turnover for the first time this year.
Supreme court battle for offshore rights
Trade unions will today take their fight to secure more paid holidays for thousands of North Sea oil and gas workers to the highest court in the UK.
EPC Offshore wins string of contracts
EPC Offshore said yesterday it had already reached its turnover target for the current financial year after winning a string of contracts in one month.
MPs brand tax raid on North Sea oil and gas firms ‘opportunistic’
The UK Government's £10billion tax raid on North Sea oil and gas firms has been branded "opportunistic" by a powerful group of MPs.
£2m plan to tackle skills shortage
THE SNP government plans to invest £2million to help tackle the skills shortage affecting traditional and renewable-energy firms.