EV in Houston: How Aberdeen’s energy sister city is faring
Aberdeen has long touted its energy twin Houston.
business
Chevron pledges to share North Sea Alder learnings to help unlock small pools potential
Chevron has pledged to share some of the “learnings” of the Alder project with the wider industry to exploit small pools in the North Sea.
Iran working on laws to spur renewable energy investments
Iran is working on regulations to attract investment in renewable energy, according to Elham Aminzadeh, adviser to President Hassan Rouhani, as the nation considers solar, wind and hydro power as ways to diversify from regular crude-based fuel.
Opinion: Oil & gas sector heavily dependent on efficient artificial lift systems
The oil and natural gas industry is the largest consumer of the artificial lift systems market, as it improves production efficiencies of existing oil reservoirs.
Airbus cuts almost 600 helicopter jobs as crash, oil clip demand
Airbus Group SE announced the first of what may prove to be thousands of job cuts across its business, saying it will eliminate 582 posts at its helicopter arm following a slump in demand from the oil and gas industry and a fatal crash that grounded one of its most popular models.
Highland jobs hit by loss of nuclear station
John MacLean and Sons Electrical (Dingwall), which has operations in the north and north-east, shut its Wick site – axeing eight jobs – within months of being taken over by a US firm.
Aberdeen SMEs to miss out on cash, after council failed to apply
Small and medium sized businesses in the north-east will get only 1% of a £25million European funding pot after local authorities did not apply to get the cash.
ReNew News: Calls to increase Scottish renewable energy targets
Scotland's renewable energy industry displaced the production of 13 million tonnes of CO2 last year, a rise of 10% new figures show.
OPEC reversal is gift to oil majors after two years of ‘hell’
When the bosses of the world’s biggest oil companies gather in London on Tuesday, they might have the urge to track down the Saudi energy minister and shake him by the hand.
ODE lands deal with Dong Energy
ODE has landed a three-year framework agreement with Dong Energy.
‘Green shoots’ for Nigg Energy Park
Nigg Energy Park’s (NEP) owners have hailed evidence of “shoots of success” following £47million investment, with a significant increase in the number of vessels visiting the facility.
What OPEC’s oil U-turn missed: Peak demand’s getting closer
OPEC’s decision last month to reverse its policy of unfettered production and cut oil output to boost prices may be at odds with the industry’s most important long-term trend: demand for what they produce could start falling within 15 years.
Oil speculators most bullish since ’14 after wild two months
Oil investors must be getting dizzy.
OMV Petrom strikes deal with Mazarine Energy for 19 fields
OMV Petrom has struck a deal with Mazarine Energy for 19 fields and 200 staff in Romania.
Rosneft beat four suitors to buy refinery in surging oil market
For the billionaire Ruia brothers, who sold their stake in India’s second-largest refinery to Rosneft PJSC and a group led by Trafigura for about $13 billion, the biggest surprise was the number of suitors for the oil processor.
Tesla signals work with Panasonic on solar energy
US electric car maker Tesla said it plans to start working with Japanese electronics giant Panasonic on solar energy.
Exclusive: Premier Oil says ‘We’re committed to our UK investment’
Premier Oil’s director of North Sea and Exploration said the independent operator was committed to its UK investment.
North Sea oil and gas drilling activity plunges to all-time low
The number of rigs drilling for oil and gas in the North Sea, home of the Brent crude benchmark, plunged in September to the lowest in nearly 35 years as companies cut spending to weather low prices.
Opinion: Why OPEC’s oil freeze miracle might just be a mirage
Saudi Arabia's oil minister actually did it. He stood up and U-turned on behalf of the world's biggest crude exporter, much to the relief of fellow OPEC leaders.
Opinion: S&P Global downgrades EDF
French-based energy company Électricité de France (EDF) has been given the go-ahead by the U.K. government to build a new nuclear plant, Hinkley Point C. S&P’s Director of Utilities, Pierre Georges, discusses why EDF’s credit rating has consequently been downgraded from ‘A’ to ‘A-’.
Small businesses must seize Brexit opportunities, urges PM
Brexit’s opportunities as well challenges must be addressed to encourage the UK’s “entrepreneurial spirit”, according to Theresa May.
Exports down 0.5% before Brexit while retails sales flat-lined
The volume of international exports from Scotland has fallen and the value of retail sales has flat-lined, new economic data shows.
MP Jesse Norman appointed to new Department for Business, Energy and Industrial Strategy
Theresa May has put the finishing touch to her new Government with the appointment of Jesse Norman as a business minister.
Quarter of business leaders plan jobs freeze in wake of Brexit, IOD says
One in four business leaders plan to freeze recruitment in the wake of the referendum result and some are considering moving work abroad, a new study has revealed.
Business chiefs want strong leadership after Brexit result
The UK and devolved governments must show strong leadership to stabilise the economy following the decision to quit the European Union (EU), business and industry chiefs have said.