From now to 2050, global electricity demand is set to double from current levels. At the same time, the world must reduce carbon emissions to make progress towards net zero. If we are to do this, the most pragmatic step we can take is to respond to the demand for power by building new plants while simultaneously decarbonising our existing energy infrastructure.
SLB and Halliburton, two of the world’s biggest oilfield service providers, said they see strong international demand for crude drilling after posting earnings that met or exceeded expectations, supporting their shift into overseas markets.
The Fynn Beauly prospect still has an opportunity to deliver "significant value" despite ongoing political uncertainty, according to North Sea operator Parkmead Group (LON:PMG).
Accelerated action and intensive work is needed to avoid a “disorderly and unjust transition” when Scotland’s only oil refinery closes, a report has warned.
The UK’s newly elected Labour government has laid out its plans to boost clean energy, but questions remain about the future of North Sea oil and gas.
Piper Alpha survivor Steve Rae is spearheading a new consulting venture, which he said came in response to the aftermath of the Grenfell Tower fire.
"Urgent action" is required for the UK to meet its 2030 emissions reduction targets, according to the independent Climate Change Committee (CCC).
Labour promised to “take the brakes off Britain” as it unveiled its energy policy priorities in the King's Speech today.
Zenith Energy has seen its turnover increase by 34% year on year.
The Stanlow oil refinery in northern England is getting ready to sell more fuel when a rival plant in Scotland shutters next year.
Oil and gas operators will risk facing fines if they continue to miss well decommissioning deadlines, the North Sea Transition Authority (NSTA) has warned.
Kuwait Oil Co. said it has discovered “huge commercial amounts” of light oil and associated gas in an offshore field, marking a “turning point” in its efforts to explore offshore hydrocarbons.
Former energy minister Brian Wilson pays tribute to the man who helped to ensure Shetland extracted a levy from every barrel of oil that came ashore, and asks who are the leaders like Ian now?
Shell's Brent Charlie platform has been removed from the North Sea in the end of an era for the iconic oil field, which gave its name to the Brent crude benchmark.
Moray reporter Bruce Taylor died on the anniversary of the devastating explosion in 1988.
Government insists oil and gas firms that have already applied for licences to explore and drill in the North Sea will not be blocked.
Following Wood’s (LON: WG) latest trading update, shareholders will need evidence of improvement before another takeover bid is rejected, said RBC Brewin Dolphin.
We analyse which hotly anticipated locations in Scotland now most likely be chosen for the headquarters of GB Energy
The new UK government has expanded its frontbench energy team with the addition of three MPs and a Labour peer.
Aberdeen energy services firm Glacier Energy is set to receive a multi-million pound investment from equity investor BGF.
The transition from fossil fuels to renewable energy is fundamental to decarbonising the global economy and mitigating the impacts of climate change. However, this shift also brings a higher risk of disputes across various business activities – disputes that are likely to be many and varied given the magnitude of the infrastructure and technology involved.
Aberdeen's back deck specialist Maritime Developments Ltd (MDL) has set its sights on growing more business through Europe's EPIC subsea hub.
Ed Miliband says appointment to lead DESNZ feels like "coming home" after previously serving as Secretary of State for Energy and Climate Change between 2008 and 2010.
Aberdeen-based engineering firm Wood has secured a contract with Shell for work on the Prelude floating liquified natural gas (FLNG) facility in Western Australia.
BP Plc (LON:BP) dropped after it warned of “significantly lower” refining margins and predicted a writedown on the value of a plant in Germany of $1 billion to $2 billion.