BiFab administrator seeks buyer as it rules out immediate redundancies
The administrator appointed to Burntisland Fabrications (BiFab) has said no redundancies are planned at this stage.
Deloitte
Could hydrogen-powered breakfasts soon become a reality?
With talk of hydrogen-powered breakfasts as well as trains, ships and planes – have we reached a tipping point where this could become a reality?
ETIDEX: Time to start delivering low carbon projects at pace, industry chiefs say at EV event
Industry chiefs today urged governments to start delivering their net-zero objectives at pace and provide the investment frameworks needed to kick-start projects.
Anticipation builds ahead of EV’s ETIDEX event next week
Leading voices from the world of industry will get to grips with the energy transition’s biggest questions at a free online event in one week’s time.
Watch: Net zero goals a big challenge for energy companies
Deloitte UK’s Renewables Leader says there is lots to do for companies to hit their ambitious net zero targets.
Most US oil job losses in pandemic to remain
Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte LLP.
Firing the starting pistol on countdown to COP26
World leaders were due to convene in Glasgow for the UN Climate Conference (COP26) in November for what was anticipated to be a transformational moment in the energy transition.
Which way to decarbonisation?
The transition towards a clean energy future has begun. Following on governments’ footsteps, many leading energy companies are publicly announcing their commitments for 2050. These commitments include targets to reduce greenhouse gas emissions, lower environmental impact and mitigate climate-related risks associated with their business activities. While these targets are for the long term, most companies have started to develop and execute near-term action plans to ensure they progress toward their stated goals. At the same time, they are assessing the risks and opportunities arising from their plans and seek to understand the impacts on their operations and markets.
EY beefs up Scottish tax team
Two senior tax professionals have joined the Scottish tax team at EY in the latest announcement of growth and investment by the professional services firm.
‘Clarity’ for North Sea supply chain vital to achieve energy transition targets, Aker Solutions chief says
The UK head of Aker Solutions has called for more “clarity” over how North Sea supply chain firms will fit into the energy transition.
Top economists urges north-east businesses to grasp digital opportunity
North-east businesses should rely on their resilience and expertise to help them through the coronavirus pandemic, a leading Scottish economist said yesterday.
Top economists to address Covid-19 challenges at breakfast event
Some of the UK’s top economists are to address the challenges posed by the coronavirus pandemic in the Press and Journal’s first digital business breakfast tomorrow.
Economists to offer up post-virus predictions
Coronavirus has put an unimaginable strain, not just on the national economy but on industries across the world.
North Sea industry groups collaborate on new oil and gas digitalisation survey
A number of North Sea-focused industry groups have announced they will collaborate on a survey designed to assess the pace of digitalisation growth across the sector.
Mozambique’s gas hub future
The LNG industry in Mozambique will have a transformative impact on the country’s economy – and establish it as a regional gas hub, participants on an Africa Oil Week webinar have said.
Opportune moment for north-east energy transition, top economist says
One of Scotland’s top economists has said the Covid-19 crisis may usher in a “window of opportunity” to support the north-east energy transition.
‘Uncharted waters’ for North Sea, but downturn could be ‘catalyst for change’
A senior audit and assurance partner at Deloitte said the downturn could be a “catalyst” for change, but oil firms are first taking steps to survive the “uncharted waters”.
Prolonged price war threatens return of ‘brutal’ cost cuts, experts say
A price war between two of the world’s biggest oil producers has sparked one of the worst crude routs in decades, putting companies under “huge pressure” and threatening “brutal” cost cuts.
Remote operations to ‘change the oilfield services world’
Remote operations will “change the oilfield services (OFS) world” according to Chris Jones, vice president for OFS in Europe at Baker Hughes.
Oilfield service giants face ‘massive challenge’ from energy transition, investment chief warns
Oilfield service giants will need to chart a new path if they wish to remain industry top dogs during the energy transition, according to the director of a global investment firm.
Oil firms banking on hydrogen and CCUS due to climate ‘pressure’, Deloitte boss claims
Oil and gas firms will still look to invest in hydrogen and carbon capture, usage and storage (CCUS) technology despite no government subsidy due to climate change "pressure", according to Deloitte partner Daniel Grosvenor.
Deloitte to join discussion at P&J mergers and acquisitions event
A power and energy storage expert at Deloitte has been announced as the second speaker to address the P&J’s business breakfast on mergers and acquisitions (M&A) next month.
Due diligence expert to chair M&A debate
Experienced due diligence expert and partner at big four firm Deloitte, Shaun Reynolds, will chair a discussion on Mergers and Acquisitions (M&A) at a P&J business breakfast next month.
Big name on board for M&A business breakfast
One of the north-east’s top deal makers will address the future of the region’s mergers and acquisitions market at a P&J event next month.
Backwards step on collaboration should be ‘wake up call’, says OGA chief
A dip in collaboration and some cases of a lack of trust between oil firms should be a “wake up call” to the industry, according to the head of the Oil and Gas Authority (OGA).