Labour’s clean power by 2030 decarbonisation goal will cut UK gas imports for power generation by 57% and lower the risk of price shocks, according to a report.
Russell Borthwick, chief executive of Aberdeen and Grampian Chamber of Commerce, held the country up as an example of how not to transition from fossil fuels.
The countdown is on for the highly anticipated Scottish Energy Futures Conference, set to take place on March 4-5 2025 at Aberdeen’s P&J Live. Hosted by Aberdeen Renewable Energy Group (AREG) and SPE Aberdeen, this event will bring together decision-makers, industry experts and policymakers to discuss and shape the future of Scotland’s energy sector.
The shortlist of young professionals who "truly exemplify exceptional talent" have been revealed on behalf of the 38th Offshore Achievement Awards (OAAs).
A poll has found widespread support for North Sea oil and gas production among Scottish residents, either alongside renewable energy or as part of a broader energy mix.
The latest in a series of polls gauging opinion on the UK energy sector has found that the vast majority of locals yet again support domestic North Sea oil and gas production.
Businesses are increasingly expected to do more than generate profit, and for Balmoral Group this expectation is a guiding principle. With a rich history of over 40 years, Balmoral is not just building successful businesses – it’s building a legacy of sustainable growth and social impact.
An energy skills passport to help workers transition their training and accreditations from oil and gas jobs to similar roles in the renewables sector has launched and will be expanded across the UK.
Scottish Labour leader Anas Sarwar defended his party’s energy policies and denied there has been a “ban” on new exploration licences in the North Sea.
BP (LON:BP) chief executive Murray Auchincloss sent a letter to all staff on Thursday setting out the firm's plans to cut 4,700 jobs across the business and a further 3,000 contractor roles - although he said 2,600 of these had already left the business.
Two years after the Scottish Government launched a draft strategy with a "presumption against" developing new North Sea oil and gas, a business group has accused Holyrood of "burying its head in the sand" as the UK faces winter gas shortages.
Shell has found what it suspects could be unexploded ordnance around 50 miles off the east coast of Shetland, near a pipeline that runs from the Brent platforms to the St Fergus Gas Terminal near Peterhead.
The North Sea Transition Authority (NSTA) regulator has issued a £125,000 fine to Chinese operator CNOOC for breaching venting consents at its Buzzard field.
North Sea operator Kistos (LON:KIST) has hailed the "strong investment environment in Norway" as it provided a trading and operational update ahead of its full year results.
But Scottish acting cabinet secretary for net zero and energy Gillian Martin said future opportunities at Grangemouth, including hydrogen, would be more commercially viable if the Acorn carbon capture project received UK government funding.
Independent North Sea producer Serica (AIM: SQZ) said production at the end of the year has proved "disappointing" following a delayed restart on the Triton floating production storage and offloading (FPSO) unit.
By Aquaterra Energy chief executive George Morrison
Nothing can be said to be certain except death and taxes - though in recent times the exact nature of those taxes has become a source of much uncertainty for many of those operating in the North Sea.
Multi-millionaire boss of Global Energy Group (GEG), Roy MacGregor, is targeting new nuclear power contracts as the UK government pushes ahead with plans for a £20 billion investment in the Sizewell C project in Suffolk.