Aberdeen firms tell Jeremy Hunt to scrap windfall ‘supertax’
The UK Chancellor is facing calls to remove the controversial tax on oil and gas giants ahead of his spring budget next week.
The UK Chancellor is facing calls to remove the controversial tax on oil and gas giants ahead of his spring budget next week.
The European Union is at risk of widespread backlash against its climate agenda unless politicians do more to blunt the effects of rising carbon prices on low-income households, according to the head of Germany’s Environment Agency.
Community energy schemes using onshore wind to power heat pumps could cut household bills by more than a quarter compared to gas, a report suggests.
"Simplistic narratives" from politicians and university academics have tarnished vital sector, experts warn.
The UK’s independent climate change advisors have given “unequivocal advice” that surplus emissions should not be carried forward into the Fourth Carbon Budget.
Shares of Chevron and Hess slipped after Exxon Mobil said it’s considering a move that could break up the companies’ $53 billion merger and increase its share of Guyana’s giant offshore oil reserves.
Do you think wind turbines 'nice and poetic'? Engie SA chief executive officer Catherine MacGregor says they are.
The offshore wind industry had been lulled into a false sense of security through cheap money and a deflationary services market, Orsted’s outgoing interim COO Andy Brown said today.
Low carbon hydrogen projects from North Sea operators EnQuest and BP are among seven UK projects set to share in £21 million of government support.
Orcadian Energy has published further details on its development plans for new licences, including at Fynn Beauly where it hopes to use geothermal heat to help produce heavy oil.
BP is showing signs of a pivot back toward oil and gas that should boost returns, but is doing it too quietly to benefit its share price, according to activist investor Bluebell Capital Partners.
Gordon Brown says that the development of an interconnected ‘supergrid’ linking North Sea nations and powering wind, hydrogen and oil and gas is “an idea whose time has now come”.
The government is guilty of “sluggish decision making”, Ed Miliband, shadow Secretary of State for Energy Security and Net Zero, said this morning, setting out some plans for a change of pace under a potential Labour administration.
Green hydrogen firm Lhyfe (EURONEXT:LHYFE) has announced plans for its first UK production facility in the North East of England,
Life begins at 50. To be precise – a second life.
Germany will allow heavy industries who don’t have other ways of cutting emissions to transport and store carbon underground, a reversal of the government’s original stance as it bolsters efforts to reach climate neutrality.
The “net zero economy” - from renewables and electric cars to green finance - grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.
The UK has made impressive ground in its efforts to remove carbon from its energy system. As the country closes in on 2050, it will become harder – and is currently off course to achieve net zero, according to DNV.
Aberdeen-headquartered Dolphin Drilling (OSLO: DDRIL) has said "up to 500 offshore vessels" in the North Sea could be affected by court decisions in its ongoing dispute with tax officials.
Woodside Energy Group Ltd. (ASX:WDS), Australia’s top liquefied natural gas exporter, expects consumption of the fuel to rise 50% over the next decade, pushing the supplier to consider further expansions.
A supply chain expert has warned that including a Chinese turbine maker in Scotland’s strategic investment plans for offshore wind would be a threat to energy security.
Around 100 contractors employed by Wood and Kaefer agree to new collective bargaining agreement.
McDermott International faces a claim for “maximum recoverable damages” linked to its failure to complete a contract for BP offshore Mauritania and Senegal.
UK Sustainable Investment and Finance Association report finds failure to implement favourable policies could see UK lose out on £115 billion in investment
Xlinks First Ltd. has appointed a new chief executive officer to lead its ambitious plan to transmit electricity from a solar and wind power plant in Morocco to the UK via a subsea cable,