1.5 million customers face higher energy bills as EDF hikes prices
Energy giant EDF is to increase its dual fuel tariff by 7.2% from June, gas prices by 5.5% and electricity by 9%, affecting 1.5 million customers.
Anti-fracking activists lose High Court ruling over Lancashire site
Campaigners fighting a Government decision to approve a fracking site in Lancashire have lost a High Court action.
Results from energy fact finding mission to be presented at special event
The Energy Industries Council (EIC) CEO Stuart Broadley has just finished a fact-finding tour of UK energy companies, visiting 26 EIC member organisations, which represent the full range of energy sectors and companies of all sizes, to discover what strategies they have put into place to not only survive but in fact thrive during the current challenging market conditions.
Anti-fracking campaigners to find out result of high court action
Campaigners fighting a Government decision to give the go-ahead for a fracking site in Lancashire find out the result of their High Court action today.
Aberdeen airport returns to growth
Aberdeen International Airport saw 247,000 passengers travelling through its doors in March, up 1% compared to the same month of last year.
NADL secures 10-year deal for rigs with ConocoPhillips
North Atlantic Drilling, a subsidiary of Seadrill, has secured 10-year contracts for its West Elara and West Linus jack-ups with ConocoPhillips.
Amec wins biomass deal
Amec Foster Wheel has won a biomass with Lahti Energia Oy, a municipality-owned energy supplier.
Damen buys shipyard from Keppel
Damen has acquired the Keppel Verolme shipyard in the Rotterdam Botlek area from Keppel Offshore & Marine.
Great Barrier reef ‘bleaching’ driven by climate change, scientists say
Australia’s Great Barrier Reef has been hit by severe coral “bleaching” for the second year in a row in the face of record-breaking temperatures, scientists have said.
Green groups reject Shell’s Brent oilfield decommissioning plans
Environmental groups have rejected Shell’s plans to decommission the Brent oilfield in the North Sea.
Unions take fight over ‘undercutting’ of sub-contractor pay to Denmark
A union campaign against the “undercutting” of construction workers’ pay on energy contracts in the UK is being taken to Denmark.
Are you an out of work oil exec? What you need to know about a new pilot programme
Scotland’s oil and gas industry continues to face economic uncertainty. However, the challenges this represents are, in some cases, offset by the opportunity to change the way that things are done to achieve efficiencies, increase productivity or develop a new business.
Exports rise ‘will support economy as growing inflation hits consumer spending’
Rising exports will help prop up the UK economy as soaring inflation takes a bite out of consumer spending, a report has said.
UK tops G7 nations for economy growth and emissions decline
The UK has been the most successful of the G7 group of wealthy nations in boosting its economy and cutting climate emissions in the past 25 years, a report suggests.
Brexit could trigger fresh row over Rockall ownership
Brexit could reignite an age-old controversy over ownership of an isolated Atlantic islet off the Donegal coast.
Well-Centric and Hunting land North Sea work
Well-Centric and Hunting have landed a £5million North Sea contract.
Brexit will strengthen devolution settlement, says David Mundell
Scottish Secretary David Mundell will use an international lecture to claim Brexit will “strengthen” the devolution settlement in Scotland.
Philip Hammond leads India trade mission to boost business ties ahead of Brexit
Chancellor Philip Hammond will start a major trade mission to India by flying the flag for Britain’s financial services industry as he looks to secure a business boost post-Brexit.
BP cuts CEO Dudley’s pay to avoid shareholder revolt
BP has agreed to cut chief executive Bob Dudley’s pay by £5million in a bid to avoid a shareholder revolt.
Amazon eyes slice of £95bn B2B market with new procurement service
Amazon plans to claim a slice of a multibillion-pound marketplace by launching a new UK business-to-business venture.
Nearly 1M households struggling to pay essential bills like energy
Nearly one million households are unable to cover the cost of two or more essential bills, a new study has found.
Fracking experts warn only quarter of shale gas in major reserve recoverable
Only a quarter of the shale gas in one of the UK’s biggest reserves might be recoverable due to limited space to develop the necessary wells, academics have said.
US investment provides job security for Scottish workers
Three US companies are investing £6.3 million in Scotland, creating or safeguarding more than 40 jobs, the Scottish Government has announced.
Left-winger claims Ecuador presidential poll win, but rival alleges ‘fraud’
Leftist candidate Lenin Moreno appeared on the verge of victory in Ecuador’s presidential election but his opposition rival refused to recognise the results, calling on his supporters to take to the streets to guard against “fraud”.
David Mundell travels to Burma and Singapore to promote business
Scottish Secretary David Mundell will travel to Burma and Singapore this week to promote Scotland’s business interests.