Can a non-UK resident join a UK pension scheme?
Since A-day, there is no legislative restriction on who can be a member of a UK registered pension scheme. So in theory, anyone can join a UK scheme regardless of residency.
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Scottish Lib Dems: ‘This is how we would we manage energy’
In the lead up to the Scottish election, Energy Voice asked each party to outline their policies on energy. This week the the candidates take on oil and gas. Next week they discuss how they would approach renewables.
Saudi Arabia, Remember the ’80s before opening spigots
If there's a certain retro feeling in the air, it's not just because everyone's talking about a Donald Trump presidential run and a song called "Me Myself & I" is in the charts. Oil markets are also starting to have a distinctly 1986 feel to them.
Ecuador shuts oil pipelines after fatal earthquake
The strongest earthquake to hit Ecuador in decades has flattened buildings and buckled highways along the country’s Pacific coast, killing at least 77 people and sending the Andean nation into a state of emergency.
Climate change focus for parties on the Holyrood election campaign
Political parties will focus on how they will tackle climate change as campaigning for May’s Holyrood election continues.
The rise of the ‘Shareholder Spring’
Sir Martin Sorrell, the boss of advertising giant WPP, has defended his £63 million pay package, insisting “if WPP does well, I do well”.
Doha failure exposes hedge funds that were betting on oil freeze
Hedge funds really wanted the Doha oil summit to work.
Oil plunges after output talks fail amid Saudi demands over Iran
Oil tumbled by the most in two months after output talks Sunday between the world’s biggest producers ended without any agreement on limiting supplies, a diplomatic failure that threatens to renew the rout in prices.
Opinion: UK oil & gas tax cuts: A £1bn boost?
The UK government is on a mission to maximise economic oil and gas recovery from the UK Continental Shelf (UKCS) as higher development costs for aging oil and gas fields, depressed global oil prices and projections of slower global economic growth put even more pressure on the industry.
Aquatera strikes deal with Japanese partnership
Orkney based energy and environmental consultancy Aquatera has strengthened ties with Japan, becoming a member of a key industry association in the country and entering into a partnership with a leading Japanese offshore operations company.
Alba power celebrates sales boost
An Aberdeenshire gas turbine firm has boosted its overseas sales by 42% thanks to a global marketing and communications drive, it said.
Exclusive: Petrofac facing legal dispute over Laggan-Tormore bonuses
Petrofac is facing a legal battle over claims it has withheld hundreds of thousands of pounds in bonus payments from workers on its gas plant in Shetland. Contractors on the £800million Laggan-Tormore plant claim the oil and gas services giant has repeatedly fobbed off attempts to pay out bonuses worth up to £250,000. Tavish Scott, the Scottish Liberal Democrats’ Shetland candidate, weighed into the row, labelling the situation “unacceptable” and demanded that Petrofac pay the bonuses.
SunEdison seeks financing as bankruptcy looms
Solar energy company SunEdison said it hopes to secure financing by pledging assets ahead of expected bankruptcy proceedings.
Aberdeen hotel up for sale against backdrop of market struggles
An Aberdeen hotel was included in a £130million portfolio of 10 UK hospitality properties that was put up for sale yesterday. But potential suitors could be put off at a time when room revenues in the north-east market are plummeting. The Hotel Collection, a group of properties owned by Dallas-based private equity firm Lone Star, has instructed Savills and Rothschild to find buyers for the portfolio, which notched revenues of £48million last year.
OGA considering Theddlethorpe’s future
The oil and gas watchdog has confirmed it is considering plans to allow the decommissioning of a key North Sea gas plant in Lincolnshire.
FTSE 100 slips 100 points
London’s top flight index slid into the red yesterday after it succumbed to market jitters ahead of a meeting between oil suppliers over a potential production freeze.
Aker Solutions closes fabrication workshop with loss of 60 jobs
Aker Solutions has closed its fabrication operation at Agotnes, near Bergen in Norway, with the loss of 60 jobs.
Aker wins Petrobras subsea contract
Aker Solution has won a NOK1billion deal with Petrobras for work in Brazil.
Shell’s UK boss says it will strike ‘innovative deals’ for its North Sea assets
Oil giant Shell is running the rule over the potential sale of north Sea assets - but it is too early since its mega-merger with rival BG Group to have decided on a sale process. But Paul Goodfellow, Shell’s upstream vice-president for the UK and Ireland, said the company may be looking at “innovative deals” like the sale of its Anasuria field.
US charges Chinese nuclear firm, engineer with conspiracy
An American citizen and a Chinese nuclear power company were indicted by the U.S. government for conspiracy to illegally produce nuclear material outside the country without Energy Department authorization.
Oil producers head for Doha counting $315 billion cost of slump
The world’s top oil exporters are burning through their petrodollar assets at an accelerating pace, increasing the pressure to reach a deal to freeze production to bolster prices.
Sunny Hill £6.4m offer for Petroceltic comes to end
A potential takeover by Sunny Hill for Petroceltic has come to a close after the timing for acceptance on the £6.4million bid lapsed.
Wind turbines contribute to 80% drop in bird species, charity claims
Wind turbines have contributed to an 80% drop in the number of a protected bird species, a charity has warned.
Wood Group joins Energy Voice OTC panel
Wood Group today confirmed it would join Energy Voice’s OTC panel debate on the future of the industry.
Institute of Directors warns of tougher pay restrictions after Dudley vote
A business group has warned BP not to “shrug off” one of the largest shareholder revolts over executive pay in the UK.