The Dutch government won’t have a majority in parliament that would back scrapping a dividend tax in a bid to stop Shell moving its headquarters from The Hague to London, newspaper Algemeen Dagblad reported, citing unidentified people familiar with the situation.
A new draft of the deal that could be agreed at the Glasgow COP26 climate talks appears to have watered down its push to curb fossil fuels.
Constrained production troubles at the Hibiscus Petroleum Anasuria FPSO are expected to continue well into next year.
Confusion reigned today over whether or not Scotland is signing up to a group dedicated to phasing out the supply of oil and gas.
BP (LON: BP) and Aker (OSLO: AKER) are exploring a potential block sale of some of their stake in independent oil and gas producer Aker BP (OSLO: AKRBP).
Higher oil and gas prices saw a surge in profits for the UAE state-owned energy firm Taqa.
The UK won’t join an alliance of countries fixing a date to phase out fossil fuel production, which critics argue calls into question the host nation's climate leadership.
Deltic Energy has completed its farm out of five North Sea gas licences to Cairn Energy.
Youth activists are taking to the streets of Glasgow to demand action on climate change from leaders and politicians as the Cop26 talks continue.
Japanese trading house Marubeni has confirmed the sale of its North Sea business to Ithaca Energy.
A significant percentage of oil and gas firms in the Aberdeen area are yet to sign up to net zero targets, according to a new survey from the chamber of commerce and accountancy firm KPMG.
Scottish oil firm Cairn Energy (LON: CNE) has announced it will change its name to Capricorn Energy, effective from December 13.
Strikes have been averted after Unite the union reached a pay deal with Petrofac covering around 100 North Sea workers.
A virtual service will take place this weekend in remembrance of those who have died working in the offshore oil and gas industry.
Scotland’s net zero secretary has said Holyrood would allow North Sea oil and gas exploration, if the country were to break away from the rest of the UK.
BP has insisted that it is “not struggling” to convince graduates to enter the oil and gas industry.
I didn’t want to revisit the UK’s carbon capture debacle so soon, but the decision to demote Scotland’s Acorn project to the second division has forced my hand.
“I really believe we’re just in a 1-2 year window of this going from oil and gas to all energy”, David Currie, group CEO of Proserv, said, “the question for me is: Can Aberdeen come with it?”
Spending on offshore wind is closing the gap on oil and gas, and is expected to surpass it in key markets by 2030.
Nicola Sturgeon has described oil and gas as the “most difficult” issue for Scotland to confront, speaking on the opening day of the COP26 climate conference.
Last month saw the UK Government unveil its Net Zero Strategy, the Treasury publish its Net Zero Review and the Department for Business Energy & Industrial Strategy give its go-ahead for the UK’s first two carbon capture projects.
Since the start of the Covid-19 pandemic, the energy industry has had to face up to challenges that would have seemed unimaginable a few years ago.
The UK Treasury has increased its expectations for tax receipts from the North Sea oil and gas sector ahead of the COP26 climate conference.
Aker Solutions said it is expecting “increased market activity” going forward after profits dropped in the third quarter.
BP believes it will still be producing oil and gas in 2050, despite increasing calls for the industry to face the chop.