Who is the UK North Sea’s top tax payer?
Just 35 North Sea companies paid £7.5billion in 2023 as sector warns UK tax policies will kill jobs, investment and receipts.
Just 35 North Sea companies paid £7.5billion in 2023 as sector warns UK tax policies will kill jobs, investment and receipts.
The "independent" National Energy System Operator (NESO) starts its mission to deliver a "safe, secure and affordable energy system capable of supporting net-zero".
A mismatch between supply and infrastructure has led to severe delays — up to a decade in some cases —for renewable energy projects looking to connect to the UK’s energy grid which is struggling to keep pace with rapid growth.
Over 270 women and men came to the event in Aberdeen to celebrate the need for diversity, equity and inclusion in the energy transition and how we can get there.
Developers behind the largest proposed hydrogen production scheme in the UK have reached a preliminary stage in the planning process.
‘Clean energy is the biggest economic opportunity of our time’, Ed Miliband declared at this month’s Labour Party Conference. As a freshly minted government, the party has firmly nailed its colours to the energy mast and they are unapologetically green. Just a week prior, the Energy Secretary issued a rallying cry to take on ‘the blockers, the delayers, the obstructionists’.
The West of Orkney wind farm has brought in a new PhD student to help improve access to the project site with better weather forecasts.
In “another challenging period for Petrofac” the firm has reported a net loss of $162 million in the first half of 2024.
While it is far from being a nascent industry, offshore wind remains in its relative infancy compared to oil and gas (O&G), both in terms of development and decommissioning.
The UK has become the first G7 nation to completely phase out coal power, bringing to an end a 142-year era of burning the fossil fuel for electricity generation.
Christine Watts has been appointed as the new business development manager of Associated British Ports (ABP).
That wait is over! Prime Minister Keir Starmer announced at this week's Labour Party conference that GB Energy will be based in Aberdeen.
The developers of the major Northern Lights carbon capture and storage (CCS) project in Norway have completed the CO2 receiving and storage facilities.
EnergyPathways (AIM:EPP) will focus on developing its Marram Energy Storage Hub (MESH) in the UK Irish Sea over its Marram gas project.
National Grid and SSEN Transmission have broken ground on the Eastern Green Link 2 (EGL2) subsea transmission cable that will connect Peterhead in Scotland to Drax in England.
“They are the fire team, there is no backup initially," firefighter of 28 years Nigel Strachan said about offshore first responders.
The offshore wind sector is critical to achieving net zero goals and ensuring energy security.
Octopus Energy has said it aims to invest £2 billion in UK clean energy projects between now and 2030.
Scotland’s renewable energy generation in the first half of 2024 reached a record high of 18,084 GWh, the latest statistics show.
The UK named four companies, including a division of Rolls Royce Plc, to proceed to the next stage of a contest to build the country’s first small modular nuclear power plant, a potentially key technology for reaching net-zero emissions.
RWE has confirmed Lamprell as the supplier of 184 transition pieces for its UK Norfolk Vanguard West and Vanguard East offshore wind farms.
The wait for pumped storage hydro cap and floor clarity continues as government says industry will learn more ‘in due course’.
Green hydrogen has become a “premium clean fuel” due to the high cost of production, with the nascent fuel “energy intensive but expensive” and increasingly valuable as an energy store, according to UK National Infrastructure Commission commissioner Nick Winser.
Deltic Energy (AIM:DELT) has been hit with an £18 million impairment in the first half of the year over its withdrawal from the Pensacola licence.
A group of leading climate scientists have called on the UK government to pause its £1 billion investment plans for carbon capture utilisation and storage (CCUS) over concerns that the technology is unproven.