Oil and gas supermajors' swan legs are kicking frantically below the surface as they attempt to navigate the energy transition. In the first of a two-part series, we examine Equinor's approach.
Max Aitken has a richly studded career of investing in innovative clean energy start-ups. From an early investment in BP Pulse, to co-founding bioenergy company Estover, and solar carpark charging company 3ti, he was an early stakeholder in the energy transition.
North Sea catering firm Entier has been acquired by US food services giant Aramark (NYSE: ARMK) for an undisclosed sum.
Drax £2 billion BECCS plan has to await further support from the government.
Aberdeen-based Centurion Group revealed it has $100 million (£81m) to spend on continuing its acquisition streak this year after a consortium of lenders boosted its credit facilities.
An impending ban on petrol cars and an upcoming government review of drilling licences has created a perfect storm for supermajors.
Siemens Energy AG’s share price recovered on Tuesday, rising 7.53%, after it released a preview of its first quarterly results following Chinese AI chatbot maker DeepSeek's rapid disruption of the US market that sent stocks in a tailspin this week.
Chris Stark said at a Westminster committee hearing this month that the government will explore funding methods used for renewable power to support hydrogen storage.
Campaigners have written to Member of Parliament for Suffolk Coastal, Jenny Riddell-Carpenter, about the billions spent on nuclear project Sizewell C, after costs were speculated to end up spiralling to £40 billion.
The solar energy harvesting market is expected to more than double in value within a decade, with one forecast suggesting sun power could account for at least half of all electricity in the UK by 2034.
Global investment manager Quinbrook Infrastructure Partners has invested £100 million of equity into Aegis Energy to fund a roll-out of hydrogen and multi-fuel refuelling infrastructure for fleets in the UK.
BlackRock has launched a new low-carbon “transition” fund that will invest in decarbonising materials such as steel.
Four more banks have left the Net-Zero Banking Alliance (NZBA), a fortnight after Mark Carney announced a shift in strategy at affiliate the Glasgow Financial Alliance for Net Zero (GFANZ).
Bill Winters, CEO of Standard Chartered – one of the major banks left in the Net Zero Banking Alliance – stressed the urgent need to partner on climate action.
US oilfield services Helmerich & Payne (H&P) has completed its acquisition of Aberdeen-headquartered KCA Deutag International Ltd.
The high-voltage direct current (HVDC) cable manufacturer is expected to create 900 jobs
Billionaire industrialist Sir Jim Ratcliffe has blamed Britain's lack of industrial strategy and levies on carbon polluters for the closure of the UK's last plant producing synthetic ethanol.
Does energy transition finance need recategorising so decarbonisation isn’t left behind?
UK battery storage investor Gresham House Energy Storage Fund (LON:GRID) has said the industry is "back on track" as trading conditions improved, particularly in December.
The "great" deal for Serica marks the end of Parkmead's long North Sea run
Reabold Resources (AIM:RBD) has bought out its partner in Rathlin Energy, the operator of an onshore gas development in East Yorkshire.
Investors alongside Scotland-based syndicate Tricapital Angels means the clean power technology will be developed in Durham, Edinburgh and Aberdeen.
The UK’s first ever carbon storage permit has been awarded to BP, TotalEnergies and Equinor’s joint venture project, the Northern Endurance Partnership (NEP).
Private equity firm Star Capital has taken a majority stake in Aberdeen-based Subsea Technology and Rentals (STR) in a multi-million pound deal.
Sustainable finance could deliver a premium as banks retrench from fossil fuels: ING expects greater clarity on energy transition finance next year.