Parkmead shortens 2015 losses to £4.8million
A significant reduction in operating costs helped Parkmead group reduce its post tax loss to £4.8million, compared with £14.9million in 2014.
Daily
Death of LNG projects may lift market from rout
The demise of LNG projects such as Woodside Petroleum planned $40 billion Browse facility due to a plunge in energy prices is probably what will lift the market out of its current rut.
Amec Foster Wheeler secures Finnish biomass plant deal
Amec Foster Wheeler has been awarded a contract to supply a biomass dust combustion plant for Finnish utility company Seinajoen Energia Oy.
China’s ENN takes $0.75billion Santos stake
Chinese gas distributor ENN has bought a $750 million stake in Australian gas producer Santos as it attempts to ease its dependence on state-owned suppliers for supply.
Industry backs Energy Minister’s call for faster OGA appeals process
Industry, legal experts and businesses in Aberdeen have thrown their support behind a call to the UK Government over future OGA appeals processes.
Fjords Processing in funding boost for cleaner technologies in oil and gas
Fjord Processing has been given a cash injection from the Research Council of Norway for its work looking into cleaner technologies in the oil and gas industry.
ReNew News: Statoil says low oil price both an “opportunity and a challenge”
Statoil's head of asset management for Renewables said the lower oil price is both a "challenge and opportunity" for the industry to move into other growth areas.
Video: Deepwater Horizon disaster gets Hollywood treatment
The first trailer of the Deepwater Horizon film expected for release later this year has emerged.
Brexit could bring ‘electric shock’ hike to energy bills, Energy Secretary claims
Energy costs could “rocket” by half a billion pounds a year if the UK quits the European Union, Energy and Climate Change Secretary Amber Rudd will warn on Thursday. Pointing to a report by National Grid on the consequences of leaving the EU, she will say that the “massive electric shock” of Brexit could push up British bills by the equivalent of around £1.5 million a day.
Longannet closure brings an end to coal-fired power production
The last lump of coal is to be burned at Longannet, bringing an end to more than a century of coal-fired power in Scotland.
Cluff to buy up rights to 100 billion barrels of oil – for just £1
A North Sea pioneer is set to “take advantage” of low oil prices by buying up rights to 100million barrels of oil and gas for just £1.
Total said to be eyeing up Engie assets
Total is said to have held talks to buy all or part of domestic rival Engie's exploration and production activities.
Statoil Fuel and Retail wins EU approval for Shell deal
Statoil Fuel and Retail has been granted antitrust approval for its acquisition of Shell's Danish retail and wholesale fuel business.
Scottish Government’s consent for plant at BP’s Kinneil terminal could create up to 400 temp jobs
Scottish Ministers have granted consent for the construction and operation of a gas fired combined heat and power (CHP) plant at BP Kinneil Terminal in Grangemouth, which could create up to 400 temporary jobs.
Scrappage schemes for diesel cars and boilers ‘needed to cut London pollution’
Scrappage schemes for diesel cars and boilers, and allowing only the cleanest buses to drive on key polluted roads are among measures proposed by experts to cut pollution and help people live longer.
Oil must rise above $50 to meet future demand, consultancy claims
Oil must rise above $50 a barrel if the energy sector is to attract the investment needed to build enough capacity to meet future demand, according to new analysis.
Exclusive: Scottish Gov mounts pressure on UK Gov over OGA appeals process
Energy Minister Fergus Ewing today called on the UK Government to spell out exactly where the the Oil and Gas Authority's appeals process would be held or risk losing out on a specialised skills set.
Cluff agrees North Sea licensing deal with Verus
Cluff Natural Resources has signed a deal with Verus Petroleum acquire a quarter share in three licences in the Central North Sea and the Moray Firth.
Seadrill cuts day rate to secure drillship deal with Petrobras
Seadrill has been awarded an 18 month contract extension for the drillship West Tellus by Petrobras after cutting its day rate.
Woodside scraps $40billion LNG project after price collapse
Woodside Petroleum Ltd. and partners including Royal Dutch Shell and BP scrapped plans to develop the $40 billion Browse liquefied natural gas project in Australia after the plunge in oil and gas prices.
Wood Group lands new Shell industrial services deal
Wood Group has secured a new three year contract with Shell, to deliver industrial services to the St Fergus gas processing plant in Aberdeenshire and the Mossmorran gas processing plant and Braefoot Bay marine terminal in Fife, Scotland.
Scotland ahead on hydro power
Scotland’s ability to generate electricity from flowing water eclipses other parts of the UK, new research shows.
Murdo Fraser: Scotland ‘would be foolish’ to miss out on fracking
Scotland "would be foolish" to miss out on the fracking opportunity, according to Murdo Fraser.
12 things you need to know about the new North Sea licensing round
Energy Voice sat down with the Oil and Gas Authority's director of exploration and production, Gunther Newcombe, to discuss how the 29th licensing round differs from previous rounds and learn more about its many North Sea firsts.
Scotland’s oil and gas sector must build on global reputation
Internationalisation is critical for Scotland’s growth and one of the four themes in the Scottish Government’s economic strategy.