60 years to the day since BP got its first licence to operate in the North Sea, Doris Reiter warns the 'basin will lose out' on jobs, investment and the energy transition unless government and industry get on the same page on taxes.
Industry and policy makers have a choice, either the UK North Sea faces a "premature end" or it could be a " shining example of how to transition an oil and gas province into a clean energy super basin".
The Aberdeen section of the Society of Petroleum Engineers (SPE) celebrated its half-centenary with a knees up in the Granite City’s Music Hall.
North-east business leaders not yet certain if GB Energy can fill the gap as job loss concerns hit energy sector.
The 3.7GW of offshore wind capacity procured in Allocation Round 6 (AR6) falls short of what the country needs to reach its net zero goals, according to trade body Offshore Energies UK (OEUK).
UK government plans to raise the windfall tax on North Sea oil and gas firms could cause a £13 billion hit to the UK economy between 2025 and 2029, a report has found.
Gillian King has left her position as the director of business development at the Net Zero Technology Centre (NZTC).
The 42 companies manufacturers, professional services and engineering companies employing tens of thousands have issued a joint letter to Sarah Jones, Minister of State for Industry and Decarbonisation.
In 2023 more than a fifth of invoices sent to oil firms were paid late, continuing a “master-slave relationship” between operators and supply chain, according to unions.
OEUK says next few weeks will be "critical" as Treasury Minister promises ongoing talks on windfall tax changes ahead of October budget.
Leadership hopeful Kemi Badenoch was in the north-east to hear where the Conservative government had "gone wrong".
Aberdeen councillors, including Labour members, have unanimously backed a motion agreeing the UK government's windfall tax policy puts jobs and a just transition at risk.
The National Audit Office warns of inherent risks in CCUS technology, but says the UK has no "credible alternative pathway" to net zero without it.
Great British Energy will allow Scotland to “lead the clean energy revolution”, Sir Keir Starmer said as further details about the publicly-owned company are set to be announced.
John Swinney will set out new Scottish Government funding for a “landmark” carbon capture and storage project in the north east.
King Charles is set to deliver a speech at the opening of parliament as Labour wants to enact change, however, the energy sector is still “deeply concerned.”
Government insists oil and gas firms that have already applied for licences to explore and drill in the North Sea will not be blocked.
Labour has pledged to establish a publicly-owned energy company in Scotland as well as extend the so-called windfall tax on oil and gas producers, scrap investment incentives and end new North Sea licences.
Trade body OEUK warned "details matter" and so do incentives which have enabled Norway to reduce carbon emissions to record low levels.
UK standards in health and safety underpin what makes North Sea goods and services attractive in other regions.
The next government must provide a “clear and funded” transition plan for workers in the offshore oil and gas industry, including the North Sea, green groups and unions have urged.
The Euros started with disappointment for Scotland fans and the energy transition risks going the same way for skilled oil workers, Global E&C’s CEO explained.
The UK could be pumping almost 30% more oil and gas than currently projected at the end of the decade if about £20 billion of new investment can be secured, according to an industry group.
OEUK has played up the importance of the energy sector on UK jobs as the country gears up for an election in its latest report.
The North Sea basin could produce another 5 billion barrels of oil and gas - but only if it can strip carbon pollution from its operations, the industry regulator has warned.