Rishi Sunak has ruled out freezing the UK’s energy price cap if he becomes prime minister, while his rival Liz Truss warned against “throwing money” at a short-term fix for the looming winter bills crisis.
Aberdeen-headquartered Altera Infrastructure (NYSE: ALIN-A) has said there will be no impact on its operations or employees as it enters a Chapter 11 bankruptcy process.
Abu Dhabi state energy firm Taqa toasted a 54% surge in profits for the first half of 2022 amid an oil and gas price windfall.
The former production ship for a BP (LON:BP) oilfield in the West of Shetland has arrived at Hunterston for partial decommissioning.
Exxon Mobil and Chevron posted their highest-ever profits, reaping the rewards from surging commodity prices amid supply disruptions and rising demand.
Serica Energy (LON: SQZ) has knocked back a proposed merger by North Sea counterpart Kistos Energy (LON: KIST).
A pioneering offshore wind firm has unveiled details of its multi-billion pound INTOG plans; aimed at decarbonising “every platform” sitting in Scottish waters of the North Sea.
The hugely popular social event of the year the Energy Ball, in association with The Press and Journal and Energy Voice, is returning to the north-east.
It’s not often an entire train of thought is triggered by a report on an unusual event in the world of ornithology.
North Sea industry leaders are seeking an urgent meeting with the new Chancellor, Nadhim Zahawi, on the windfall tax.
When the idea was first mooted for Iain Maloney to write a novel about the events around Piper Alpha, his answer was clear.
Setting targets is one thing and meeting them is another. That is the underlying message on which the latest, highly sceptical report by the Committee on Climate Change is built.
Petrofac (LON: PFC) has said it is in position to benefit from a “multi-year upcycle” ahead for the oil and gas industry, but headwinds continue to hit its E&C division.
The future of the gardens containing the Piper Alpha memorial is to be discussed at a full Aberdeen city council meeting on Wednesday.
Noble Corporation (NYSE: NBL) and Maersk Drilling (CPH: DRLCO) have signed a $375m deal to sell-off several North Sea rigs to Shelf Drilling, in a move which could address competition concerns.
Oil industry leaders have said the “ball is in the Chancellor’s court” to now address their concerns ahead of key windfall tax legislation being published next month.
A Heriot-Watt University study has found "no evidence" to suggest that England’s decommissioned oil and gas wells are leaking methane into the environment - contrary to previous research.
Electrification could cost-efficiently bust the vast majority of greenhouse gases arising from North Sea platforms.
Ithaca Energy has received a warning from the safety watchdog after being caught with several years-late integrity checks on its Alba oil storage vessel and a crack in a cargo tank.
Verification agency Bureau Veritas (EPA: BVI) has won a multimillion-pound deal to support dozens of Shell platforms in the UK.
Ukraine has launched missiles against three gas rigs in the Black Sea, according to Russian officials, south of Odessa.
The Treasury has opened the door for feedback on the North Sea windfall tax as draft legislation has today been published.
It is a strange time for the oil and gas sector. On the one hand, after years of price weakness, the money is rolling in again as the war in Ukraine and post-Covid disruptions keep prices high.
City of London analysts have given their verdicts on the impact of the government’s windfall tax on North Sea oil and gas producers.
The former Scottish energy minister has called for the NSTA to be the “lead body” in a regulatory clear up for the North Sea.