Over 100 jobs could be at risk in Aberdeen due to proposed cuts to the feed-in tariff for solar energy projects, a trade body has warned.
The Solar Trade Association warned the jobs of up to 27,000 people employed in the solar energy sector and its supply chain are under threat around the UK, with as many as 2,400 of the 3,000 solar jobs in Scotland at risk.
The Department of Energy and Climate Change (Decc) proposed at the end of August to cut the tariff paid for electricity generated by solar rooftop panels by 87% - from 12.4p to 1.6p.
Tag Oil said its chief operating officer has resigned from his post.
Frank Jacobs said he was standing down from the role to pursue other opportunities elsewhere.
Otto Energy has made a final payment of $7million to Great Bear Petroleum to earn entry into two area of the Alaskan North Slope acreage.
The company’s payment will see it take an 8% share and 10.8% working interest in the assets.
Otto said the decision to make the final investment follows extensive due diligence and field trips to the Alaskan North Slope by the company.
ExxonMobil has been fined $2.63million for spilling crude oil in an Arkansas residential area two years ago.
The company was hit with the cash penalty by the US pipeline safety office, the regulator said yesterday.
Repsol plans to reduce its headcount by 1,500 position over the next three years in a bid to streamline costs.
The move comes in the same week oil major Shell said it would be cutting 1,300 jobs over the next two years in Malaysia.
Shares in Tullow Oil closed 9.6% higher last night after the London-listed firm said that its credit facilities remain unchanged following an asset assessment.
The company said that it demonstrates the continued support of its lending banks during this period of low oil prices.
Somewhere amid the maze of wells that Murphy Oil Corp. has scattered across Texas’s sprawling Eagle Ford shale formation, Brett Pennington is carrying out a little experiment.
The U.S. energy industry missed an opportunity to help shape the Obama Administration’s climate change policy. Big producers like Exxon Mobil and Chevron have largely shunned efforts by their European counterparts to develop a common stance on climate change that could influence policy.
Helen Dickson, a corporate transactional lawyer with Burness Paull, explains how the offshore contracting industry is being hit by a perfect storm of lower margins, higher risk and squeezed staff numbers.
The hunt is on for potential winners of the 2016 Offshore Achievement Awards (OAAs) in a timely reminder of “great success stories” still happening in the energy industry despite its woes.
The news that so many girls growing up in Scotland don’t think they are smart enough or too weak to pursue a STEM career is a wake-up call for everyone involved in helping these young women make choices about their future.
At St Margaret’s School for Girls we read the article which showed a quarter of girls in Scotland aged between 11 and 16 do not think they are clever enough to become a scientist with great interest.
In girls’ schools across the country it has long been acknowledged that building confidence and self-esteem in girls is key to their success in the classroom, particularly with regard to the uptake of science and maths.
The number of our girls pursuing STEM subjects at university continues to be high and is in stark contrast with the figures released by EDF Energy today.
The chairman of the Energy Institute said those facing potential redundancy should remain positive about finding alternative work.
Nigel Bradburn had just begun forging his own career in oil and gas after working in the military when he found himself looking for work in 1997.
The former commissioned officer in the Royal Air Force sat down with Energy Voice after the Energy Institute was invited to take part in the recently held PACE (Partnership Action for Continuing Employment) event.
An MP whose constituency has a decision date on a fracking application looming self-funded a trip to the US in a bid to find out more about the production method.
Thirsk and Malton MP Kevin Hollinrake flew out to the state of Pennsylvania for a week to meet with industry leaders, regulators and academics.
The decision to go on the fact-finding mission was prompted by fracking applications in his own area.
The Scot at the helm of oil trading giant Vitol said yesterday he saw signs emerging of a better balance between global oil supply and demand.
Ian Taylor refused to speculate on where oil prices may be headed next, adding: “Traders always get these things wrong.”
But addressing delegates of the Kazenergy Eurasian Forum in Kazakhstan, he said the market seemed to be settling after months of volatility.
Almost a third of the world’s natural World Heritage Sites face the risk of oil and gas drilling or mining, a report has warned.
In Africa, almost two-thirds (61%) of the continent’s world-renowned natural sites are under threat of exploration for fossil fuels or minerals, the study by conservation organisation WWF, Aviva Investors and Investec Asset Management found.
The 31% of World Heritage Sites under threat worldwide range from Africa’s first national park, Virunga, in the Democratic Republic of Congo, home to critically endangered mountain gorillas, to China’s Sichuan Giant Panda Sanctuaries and Australia’s Great Barrier Reef.
