Oil is to "decline steeply" after 2030 alongside an energy transition will not make the emissions gains it needs to meet the Paris Agreement, according to a new report.
An industry survey of oil, gas and petrochemical professionals has found that while the industry has embraced the digital transformation, fear of change could halt its wider adoption.
Scottish entrepreneur Jim McColl said yesterday he was planning to use some of his remaining £280million war chest on further acquisitions in the oil service sector.
KEY figures from the UK's oil sector will converge on Invergordon next month to discuss ways to strengthen the industry's links between Aberdeen and the Highlands.
