Workers left thousands short as OEM Group Scotland goes into administration
Aberdeen-based oilfield services firm OEM Group Scotland has let go of many of its employees as it goes into administration.
Aberdeen-based oilfield services firm OEM Group Scotland has let go of many of its employees as it goes into administration.
Debt-laden Petrofac (LON: PFC) has reported a $505 million net loss in its delayed full-year financial results for 2023, with the company looking to sell some of its non-core assets to provide fresh capital.
Reabold Resources has blamed “political instability in the UK” for delays at its West Newton gas development.
People across Scotland have backed Aberdeen as the headquarters for GB Energy, the Labour Party’s proposed publicly-owned energy company, according to new figures released by advisory firm True North.
Manchester-based Circular Refining & Products has unveiled plans to develop a nuclear-derived 'ruby' hydrogen production facility at Deeside Industrial Park, on the border between North Wales and Northwest England.
Well Slot is a monthly feature where Westwood’s Stephen Coomber looks at drilling activity and rig moves in UK and Norwegian waters.
The upcoming general election is an opportunity to address flaws with off-payroll tax rules which "offshore contract workers have been hit hard by," Qdos said.
A series of 44 NGOs has urged the Scottish Government Ministers to reject Equinor and SSE’s application for a new gas power plant at Peterhead.
Three people will join the board of industry organisation RenewableUK as the results of its 2024 election have been announced.
Investment bank analyst says energy profits levy is 'tax on certainty, a tax on confidence' as industry faces 'cliff-edge'.
Italian major Eni has been named the upstream industry’s most-admired explorer in Wood Mackenzie’s industry-leading annual Exploration Survey.
In April 2022, the United Nations’ Climate Report declared it was ‘Now or Never’ to limit global warming to 1.5C.
“The Vysus story is anchored in Aberdeen,” the firm’s incoming boss Thomas Aas Saethre said as he committed to the north-east of Scotland.
Independent energy producer Viaro Energy is reportedly nearing a deal to buy Shell and ExxonMobil’s jointly-owned gas fields in the southern North Sea.
The latest images show how the iconic frontage of Shell's Tullos HQ has been dismantled.
Capsol Technologies has announced that it will become listed as a pure-play carbon capture firm, with trading set to kick off on 19 June.
ConocoPhillips has agreed to buy Marathon Oil (NYSE:MRO) in a $17 billion all-stock deal.
Analyst firm Westwood Global Energy Group has found that “floating offshore wind global targets will all be missed’” as it gauged industry opinion.
Fresh from putting shovels in the ground on a £350 million cable factory in Scotland, Japanese conglomerate Sumitomo has backed plans to develop hydrogen storage capacity with UK Oil & Gas in Dorset and Yorkshire.
Shell (LON: SHEL) is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector.
Longboat Energy (LON: LBE) has warned it risks forfeiting its share in a joint venture with Japan Petroleum Exploration Co (JAPEX) due to "disappointing" production from its Norwegian assets.
UK power storage company Zenobe Energy Ltd. has secured £410 million ($524 million) of fresh debt financing, taking its total funding to £1 billion.
In the dynamic industry of renewable energy, offshore wind power stands as a testament to sustainable innovation and economic revitalisation. Joseph Strachan, commercial director at Bilfinger UK, delves into the transformative impact of offshore wind on the UK’s energy landscape, highlighting Bilfinger UK's pivotal role as a Tier 1 solution provider for Operations and Maintenance Services.
A wind farm in Scotland will pay £33.14 million to UK energy regulator Ofgem for breaching energy market rules.
Ithaca Energy (LON: ITH) has said that production has resumed at the Pierce field after a six-month production halt.