£3.4m US deal for Wood Group GTS
Wood Group GTS has landed a £3.4million deal with one of the USA's largest power providers to support its gas turbines.
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Seven arrested over fatal Chinese oil pipeline explosion
Police have detained seven employees of China’s largest oil refiner following last week’s oil pipeline explosion that killed at least 55 people.
Plans for Atlantic Array axed as RWE admit 1.2GW windfarm too costly
Plans to build one of the world's largest offshore windfarms off the British coast have been axed by developers.
Experts downplay oil price impact after Iran nuclear deal
A landmark agreement to reduce sanctions on Iran boosted shares but saw the price of oil falter as fears emerged the Middle Eastern country would ramp up its exports.
Energy firms see profits up five-fold
The profits made by the Big Six energy firms in supplying British households have multiplied five-fold to more than £1 billion since 2009, according to figures from regulator Ofgem.
Seadrill looks to strong 2014 as Pemex deal boosts backlog
Profits at international drilling giant Seadrill rose 14% for the third quarter.
Harkand bolsters Asia Pacific presence
Subsea inspection, repair and maintenance company Harkand has increased its presence in the Asia Pacific region by securing a clutch of multimillion-pound contracts.
Greenpeace will continue Arctic rig protests despite Russian arrests, insists activist
Greenpeace will “for sure” continue to stage oil rig protests despite having 30 activists taken prisoner by the Russian authorities, one of the Britons freed from detention has said.
Bond in talks with engineering firm over £1.5bn takeover
The firm behind Bond Helicopters could be taken over in a £1.5billion deal, it has emerged.
Offshore industry faces new £100m tax raid
The UK Government is planning a new £100million tax raid on the oil and gas industry – once again threatening investment in the North Sea.
Russia told to release Greenpeace ship as more Britons freed on bail
Russian authorities have been told they must release the Greenpeace ship used in a protest against an Arctic drilling platform.
35 dead after Chinese oil pipe blast
At least 22 people have been killed and many more injured after leaked oil from a ruptured pipe caught fire and exploded in an eastern Chinese port this morning.
Helicopter operators insist safety remains top priority
Safety remains the top priority when transporting oil and gas workers to and from offshore platforms, say helicopter operators as they prepare for one of their busiest periods of the year.
Ofgem tells energy firms to cut costs for consumers
Five of the six companies that own and operate Britain’s local electricity network have been told they must do more to cut costs for consumers.
Yeo cleared to resume DECC committee role after sleaze inquiry
Tory MP Tim Yeo is set to take charge of the influential Commons Energy and Climate Change (ECC) committee again next week after being cleared of allegations that he abused his position.
World’s biggest ropemaker to launch Aberdeen base for North Sea industry
The company which makes the biggest ropes in the world has announced plans to move to the north-east.
National Grid defends £1.2bn profits
National Grid has added fuel to the fire of customer anger after revealing an increase in charges to use its gas and electricity networks that have boosted its profits.
Oil and gas bosses fear tax hike under independent Scotland
An overwhelming majority of bosses in the oil and gas industry fear a jump in taxation if Scotland becomes independent, a new report says today.
UK joins push against aid-funded coal power
Britain has joined an international push to stop foreign aid being used to fund the building of coal-fired power stations in poor countries.
SAS to offer new Aberdeen to Oslo route
Scandinavian Airlines (SAS) announced last night it was to start a service between Aberdeen and Norwegian capital, Oslo, in the new year.
RWE npower to offload 770,000 customers to new energy industry player
The UK’s Big Six energy suppliers will become the Big Seven after RWE npower agreed a deal to offload 770,000 customer accounts to a new player.
British Greenpeace piracy row activists given bail
A British activist arrested by the Russian authorities during a Greenpeace protest against drilling in the Arctic has been granted bail.
SBM lands top safety award at Opito conference
Floating production system provider SBM has been named employer of the year at a global energy industry safety award.
Fukushima boss warns British nuclear chiefs should learn from disaster
Britain’s nuclear managers “should be prepared for the worst” and learn lessons from the meltdown at Japan’s Fukushima plant, according to the executive which runs the stricken site.
ABB building on vision for excellence
The ABB centre is breathing new life into North Sea assets, finds Erikka Askeland