Biggest carbon-capture project is at risk, Wood Mac warns
The world’s largest carbon-capture project is at risk of never being built because of uncertainty about Canadian government incentives, according to Wood Mackenzie Ltd.
The world’s largest carbon-capture project is at risk of never being built because of uncertainty about Canadian government incentives, according to Wood Mackenzie Ltd.
Trafigura Group is facing sizable losses related to its oil activities in Mongolia, according to people familiar with the matter, in a fresh blow for the company that has risen to become one of the world’s top commodity traders.
Dolphin Drilling announced the official transfer of two Transocean rigs bought last year as it looks to meet rising demand in the UK North Sea.
Pilots flying from an oil rig in the North Sea lost control of the helicopter for 40 seconds, air accident investigators have found.
Centrica saw a dip in full-year earnings, while those of its North Sea producer Spirit Energy held in line with 2022 as higher gas prices offset declining output.
The majority of the energy service giants employees are based in the Granite City.
Eni has reported success at the Cronos-2 well offshore Cyprus, noting “excellent gas deliverability capacity” at the find.
The Traitors: Labour has delivered one of the biggest betrayals in UK industrial history with its North Sea policy, writes Ryan Crighton
EnQuest (LON: ENQ) said Thursday it will push on with plans to slash emissions at its Kraken FPSO using gas from a new tie-back to the Bressay oilfield.
David Lockwood, the CEO of engineering giant Babcock is to join the board of Aberdeen-headquartered Wood Plc (LON: WG).
‘We cannot underestimate the sheer scale of what is required’, says GUH boss.
STC INSISO and ANSA Data Analytics have announced the official launch of a cutting-edge enterprise resource planning (ERP) solution designed to enable organisations to optimise their operations.
Aberdeen’s Net Zero Technology Centre (NZTC) is set to dish out up to £100,00 each to 12 start-ups through its TechX Clean Energy Accelerator.
20,000 job losses predicted as “best case scenario” under Labour plans.
“Two or three years ago all you would hear about [from policymakers] was decarbonisation. Now, I think there’s much more balanced conversation around security of supply, affordability and decarbonisation,” Hill said.
The EastWind cluster has announced its formal conception as a not-for-profit company, as members look to expand its reach amid a growing offshore wind pipeline.
Emirati energy and utilities giant Taqa reported bumper profits for 2023 from its new stake in Adnoc Gas, but decline from North Sea assets prompted a 7% slide in production.
"Building on our long-standing strategic partnership with BP, Adnoc looks forward to continue exploring other opportunities as we collectively seek to decarbonise our operations and lead a just and equitable energy transition.”
European natural gas futures fluctuated near technical levels that signal the contracts may have been oversold.
Abu Dhabi’s Masdar is exploring the possibility of taking a stake in renewable-energy assets owned by Iberdrola SA in the US, according to people familiar with the matter.
Thousands of dollars in bribe payments from oil trader Vitol Group were handed over to a Mexican oil official in a Houston parking lot, a federal jury in Brooklyn, New York, heard on Monday.
A concession will likely need to be made to get the $11.2bn asset deal through, says Munich-based expert
As International Energy Week 2024 approaches, Energy Institute CEO Nick Wayth CEng FEI says this year will be a big test for the public support and political will needed to accelerate the energy transition.
The team behind a fitness company targeting the unique challenges faced by offshore workers has released a new app after a wave of interest in their programme.
Chancellor warned that "time is running out" to meet the UK's lofty carbon capture storage goals by industry.