The heads of Saudi Aramco and Exxon Mobil took to the stage at a major industry event Monday to voice support for the global transition to cleaner forms of energy, but one in which oil continues to play a major role for decades to come.
BP (LON: BP) has named Kate Thomson as its new interim chief financial officer (CFO).
Global Wind Projects (GWP), of Aberdeen, is eyeing expansion after completing the first of three Irish contracts worth a total of about £8.6 million.
Serica reported a large increase to pre-tax profits but lambasted the “burden” of the UK windfall tax on the wider industry.
One of the major reasons flagged by Greenpeace France for its action was the accusation that the FSRU would receive LNG cargoes from the US.
Meanwhile Var Energi, a partner on Johan Castberg, has also seen costs surge on its Balder X project.
Subsea cables are, essentially, the arteries of offshore wind, critical to the beating heart of our energy transition.
There is scope for further finds in the Llanos Basin licence. Arrow acquired 3D seismic with some “very exciting” results. The company now plans to drill some low-risk exploration wells in 2024 with a second rig, just north of the Carrizales Norte field.
Alex Meredith, project director of SSE Renewables’ Berwick Bank wind farm, told the EVOL X podcast that his project will create “nearly 5,000 jobs”.
As crude futures leap higher, traders and analysts are increasingly talking about when — not if — prices return to $100 a barrel.
Former BP (LON: BP) CEO John Browne expects the British supermajor to move on from its governance scandal “quite quickly” and stick with its current strategy.
A North Sea drilling industry body has warned the viability of UK renewables projects is at risk unless the UK government changes its policy towards windfall taxes and day rates.
Russia imported millions of pounds of Halliburton equipment last year despite sanctions, according to a report by The Guardian.
Societe Generale is planning to halt lending to some new oil and gas projects, as part of an updated strategy unveiled on Monday.
Ithaca Energy, Hibiscus Petroleum and Caldera Petroleum have drawn up a unit operating agreement that will enable the joint development of Marigold East and West via Piper Bravo.
Norwegian seismic firms TGS and PGS have mooted plans for a merger that would create a $2.6 billion giant.
Pressure is growing for a public inquiry into the “onslaught” of windfarms and power lines earmarked for Skye.
The drilling could inform decisions on another 20 production wells. Expanding the Wassana facility would involve more wellhead and oil processing structures, it said.
Scotland Office Minister John Lamont has pledged to make sure a “spacial squeeze” in the North Sea is “effectively” managed amid fishing industry concerns over offshore wind farms.
Orcadian Energy (AIM: ORCA) has entered into a provisional agreement with an operator on a potential farm-in to its £1bn Pilot project in the North Sea.
Big oil has yet to appoint its first-ever female CEO — something BP could soon change.
After several days of chaos, BP Plc (LON: BP) ended last week without a permanent leader and with significant doubts over its strategy.
In August 2021, the government published its UK Hydrogen Strategy which mapped out plans to achieve its hydrogen production ambition of 5GW per year by 2030. Less than a year later, it doubled this target to 10GW, with at least half of this from electrolytic hydrogen (green hydrogen).
Salus Technical’s managing director, David Jamieson believes that all staff in high hazard industries should understand the basics of process safety and the role they can play in preventing major accidents.
ECITB chief executive Andrew Hockey says the group’s new three-year funding will go some way help address the 25,000 new skilled workers needed to support UK engineering projects.