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.
Christopher O’Shea, chief executive of British Gas owner Centrica, has said he is “worried” about low gas reserves this winter.
Aberdeen-headquartered ASCO has been awarded a £70 million contract by Aker BP for work across its Norwegian operations.
2024 ended on a high at Concordia Damen, with the Dutch shipbuilding group reaching the roughly halfway stage in the design, build and delivery of two 550ft (167.5m) roll–on–roll–off wind turbine systems carriers for fellow Dutch company Amasus, with delivery of the first sister expected later this year (2025).
Xodus Group has been awarded a framework agreement for the provision of design and engineering technical services to the Grain LNG terminal, situated on the Isle of Grain, Kent.
The Scottish Greens are “very hopeful” of winning a record number of seats at Holyrood in May’s election, party co-convener Patrick Harvie has said.
Oceaneering is set to make 150 job losses from its operations in Norway.
Tullow Oil has said the Wisting asset offers valuable development potential following a successful well appraisal in the Barents Sea.
Embattled Petroceltic has told shareholders to accept a takeover offer as the firm stares down the possibility of being wound-up.
PetroNeft's plans to restrict one of its shareholders have been squashed after the firm issued a swift response.
Exillon Energy has given a production update from its assets in two oil-rich regions of Russia.
Contracts with Norwegian giant Statoil buoyed Songa Offshore’s earnings last month.
OMV is set to prepare a new reserves estimate for its Wisting oil discovery in the Barents Sea, after successfully drilling its appraisal well.
FMC Kongsberg Subsea is set to make 700 job reductions in Norway.
Repairs to the helideck of the Gudrun platform have been made after cracks were uncovered in the substructure earlier this year.
Norwegian operator Statoil is said to be in the market to find a rig to drill seven wells on Aasta Hansteen.
ASCO has won a multimillion pound contract renewal with oil major BP in Norway.
PetroNeft, the Russian-focused Irish oil producer, has confirmed it issued restriction notices on the activist investor planning to oust several directors of the firm.
The new operator of a gas processing plant at St Fergus, px Group, said yesterday it had secured a significant new investor.
A report into the investigation of how a worker died when a massive wave hit the rig he was working on is to be published this week.
Aibel is set to make 500 redundancies in Norway in a bid to streamline costs.
Ineos has accused Falkirk Council of defying ‘common sense’ after the local government reopened a main road, which runs through the middle of the firm’s Grangemouth petrochemical site.
National Oilwell Varco (NOV) said it plans to make job cuts from its operations in Norway.
Maersk Oil today confirmed it would shut down production from its Tyra East and Tyra West assets in the Danish North Sea if it couldn’t find a better economic case for the sites.
Aker has won two contracts in quick succession to secure 120 jobs.
DNV has won a string of contracts off Statoil for its landmark Johan Sverdrup development worth NOK60million.
Shell have pumped an extra EUR50million into its Irish operation as the EUR3.6billion Corrib Gas field begins to generate revenue.
Aberdeen-based international drilling and engineering contractor KCA Deutag said yesterday it had retained a Statoil contract worth up to £168million.
ESS said it has reduced its headcount by 58 employees in Norway.
