In a recent announcement, Rishi Sunak has highlighted the need for the United Kingdom to maintain a significant fossil fuel industry to avoid overreliance on foreign energy imports.
Climate change protesters staged a huge protest outside the Scottish Parliament as they sprayed the building with red paint over plans to “max out” oil and gas in the North Sea.
Scotland’s minister for small business, trade and innovation says that should also be the case for licensed fields, like Cambo and Rosebank.
“We need to have the right engagement with difficult to engage countries,” Davis explained. “We have to engage the other half and try new approaches.”
TotalEnergies is tendering for work for the disconnection, removal and recycling of the Gryphon Alpha FPSO stationed off Shetland in 2025.
Rishi Sunak has insisted his plans to "max out" the UK's oil and gas reserves are "evidently" sensible as he faced a growing backlash for allegedly betraying climate pledges.
Mr Shapps will also set out plans to protect “critical energy infrastructure” from disruptive protests as part of the controversial Public Order Act.
Offshore Helicopter Services, which was taken over by a South African firm in January, blamed the windfall tax and lower client activity.
Occidental Petroleum has agreed to partner with the top oil producer in the United Arab Emirates to explore investment in the US and overseas for giant plants that suck carbon dioxide out of the sky.
SNP Westminster leader Stephen Flynn said the Tories “appear to have adopted an almost Donald Trump-like stance of ‘drill, baby, drill’.”
The UK government is launching a review of its oil and gas fiscal regime and has launched a call for evidence.
Oil and gas analysts have been sharing their thoughts after BP (LON: BP) published its latest set of financials on Tuesday.
It means that start-up at Seagull is slightly delayed - previously issued guidance from Neptune Energy had the field coming online in the first half of the year.
Middle East contracting firm Nesma & Partners has signed an agreement to acquire energy services group Kent.
Exxon Mobil is in talks with Tesla, Ford Motor Co., Volkswagen and other automakers about supplying them with lithium as the oil giant works to build a business around the crucial battery metal, according to people familiar with the matter.
Energy giant BP (LON: BP) has unveiled its second quarter results, reporting net profits of $2.58bn and providing an outline of its UK windfall tax payments.
For all the hype surrounding the emissions-free energy source, European manufacturers both large and small are reluctant to buy into hydrogen
North-east firm Hydrasun is putting the final touches on its eagerly-awaited hydrogen training courses, ahead of putting them to market this year.
New research led by the University of Aberdeen highlights the “huge potential” of carbon storage sites across a North Sea CCS ‘super basin’.
“This green light means we know that we can just get on with it now.”
Scottish Energy Secretary Neil Gray has responded to the UK Government’s North Sea and CCUS announcements.
UK energy minister Graham Stuart discusses the government's CCUS investment and its decision to back further North Sea licences
IOG (LON: IOG) is seeking support from its investors as the oil and gas firm tries to stave off the threat of administration.
Thailand’s state energy company has invested in a Scottish project aiming to prove the viability of powering subsea assets with wave energy.
The project partners of the Acorn CCS development, selected today for Track 2 of the UK Government’s £1bn funding competition, have hailed it as a “defining milestone”.