Masdar completes deal, marking UK’s importance to grand target
Masdar has a target of reaching 100 GW of power by 2030. To achieve that, the company is seeking a range of opportunities, with the UK hitting the right mix.
Masdar has a target of reaching 100 GW of power by 2030. To achieve that, the company is seeking a range of opportunities, with the UK hitting the right mix.
Looking to the Scottish Conservative conference and the looming spring budget David Whitehouse hopes government can unlock investment.
Drax is to explore a tie-up with the developers of the Viking carbon capture and storage (CCS) project which could see an additional route for sequestering biomass emissions.
The prime minister writes about his government's plans for the vital energy industry as the Scottish Conservative conference begins in Aberdeen.
Bristow (NYSE: VTOL) helicopter workers have postponed planned strike action out of respect after a fatal crash off Norway on Wednesday night.
A host of UK flights by S-92 aircraft were 'paused' on Thursday at the request of North Sea operators, in the wake of a fatal helicopter crash in Norway on Wednesday evening.
It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion.
Chancellor of the Exchequer Jeremy Hunt is weighing proposals to extend the UK’s windfall tax on the profits of oil and gas companies as one of several revenue-raising options under consideration to help finance personal tax cuts at his budget next week.
The initiative aims to give the North Sea supply chain a clearer picture of upcoming projects
Viaro Energy previously held a 50% stake in the P2539 licence after it acquired Spark Exploration last year.
UK electricity generator Drax Group rose sharply after earnings beat analyst expectations, although questions remain around the outcome of a government consultation on continued biomass subsidies.
Energean has begun producing gas at Karish North, the company said, while also celebrating the signing of an additional gas sale and purchase agreement.
Hunting beat its earnings expectations in full-year 2023, as high activity in the Middle East and offshore South America saw orders grow to record levels.
China burned record amounts of coal, oil and natural gas last year after ending Covid-era restrictions, even as the country accelerated its energy transition push.
While the deal is immediately accretive to Vaalco, the FPSO on Baobab will go offline in early 2025 for maintenance and upgrades. It should be back in production in 2026.
The UK Government is aiming to create a globally competitive battery supply chain by 2030. Industry legal experts Paul Young, partner, and Colin Bathgate, solicitor, at Shepherd and Wedderburn explore exactly what that means for the BESS sector.
The appetite for FLOW is clearly there – and Aberdeen is well-positioned to play a central role in the offshore wind revolution, writes ORE Catapult.
A new report suggests Big Oil continues to link executive pay to increased fossil fuel production, even if this conflicts with energy transition targets and climate policies.
One person has died and another is critically injured following a helicopter crash in Norway.
BP plans to invest about $1.5 billion in Egypt during the next few years as it seeks to develop gas projects and drilling in the North African country.
Helicopter operator Bristow (NYSE: VTOL) has signed a deal for 10 AW189 super medium helicopters to meet customer demand.
Sapura Energy and Norway’s AF Offshore Decom have launched a new decommissioning venture, Kitar Solutions.
Aberdeen-headquartered Three60 Energy has announced a multi-million pound deal with Sumitomo for work on a planned high voltage cable factory near Inverness.
Rig operator Diamond Offshore Drilling (NYSE:DO) posted a loss of $145 million as it released its fourth quarter results.
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.