Wood shares have plummeted further after a review of contracts from prior years identified "material weaknesses and failures" in the financial culture of the Aberdeen-headquartered firm, the company has revealed.
The energy transition to net zero will be the "biggest engineering project this country has ever seen", the boss of the UK's offshore energy trade body said.
Deloitte’s Hayley Strachan told an Aberdeen event that firms should take advantage of their ‘internal talent marketplace’ to drive productivity.
Senior figures in the energy industry have underlined the need for a “stable regime” ahead of a key vote in Westminster today.
The African continent remains one of the most unexplored places on Earth for oil and gas deposits.
A change in Scotland’s income tax take could be on the cards as workers move between subsectors and between industries in the coming years.
A steady stream of projects will be needed to support the skills and talent needed to deliver the energy transition, a panel of industry experts heard.
Energy Voice’s Net Zero Workforce event on March 29 will help draw the roadmap for the transition, inspire the next generation and shape the future of energy.
The government’s target for reaching net zero by 2050 is well known. It can feel like a daunting task, but this green revolution is also an exciting one, offering businesses the greatest opportunity for creating jobs and prosperity since the industrial revolution.
Questions of green or blue hydrogen are by the by, there is a major need for construction to get under way in order to achieve net zero participants at the fourth episode of Hydrogen – Tracking Transition said recently.
Every country is trying to figure out how to create a secure, clean and affordable energy system. So what’s the ideal low carbon energy mix for the UK?
A senior figure at Lloyds Banking set out the challengers for financiers of backing oil and gas during an industry event in Aberdeen on Thursday.
Shell’s new North Sea boss has underlined the importance of collaboration within the energy sector to delivering a fair transition.
A rebound in the oil price is unlikely to derail future hydrogen investments, industry experts have predicted.
2050 sounds a long way away but in reality, it's not.
With any energy transition, there is a need to bring about wholescale change, from the up, to the mid and the downstream.
Industry leaders have urged governments to put incentives in place to speed up the deployment and uptake of hydrogen.
It is becoming increasingly clear that hydrogen will play an important role in the energy transition.
As governments and corporates set ambitious targets to decarbonise, investment in low-carbon technology is becoming increasingly attractive as a core investment strategy. “Low carbon” comprises technologies that enable the energy transition.
Hydrogen comes in a rainbow selection of colours, but will there also be a pot of gold waiting at the end?
Energy sector figures have hailed the North Sea Transition Deal for recognising the oil and gas industry’s key role in the UK’s shift to net zero.
A ban on future exploration licences would “undermine the fragile confidence” within the oil and gas sector, an industry expert has warned.
Oil and Gas UK (OGUK) has warned that the UK’s energy transition is at risk of stalling unless the industry receives “vital support” from government.
Westminster is being urged to ensure that plans for net zero remain a “top priority” for businesses and society in its upcoming spring budget.
Collaboration in the North Sea “has gone backwards” as companies squeeze suppliers in an effort to control costs.