Opinion: Low oil price has bigger impact than Brexit will
This morning the UK woke up to the news that it is to leave the EU, as 52% majority supported the leave campaign.
UK
Brexit: Energy Minister – Leave vote is “superb opportunity” for UK
Energy Minister Andrea Leadsom has insisted Prime Minister David Cameron should remain in his position despite the UK voting to leave the European Union.
Brexit: Pound collapses on Leave win amid warnings of worse to come
The pound has crashed to its lowest level in 30 years as Britain heads for the European Union exit door, with experts warning of worse to come.
Final report on major investigation into UK energy sector to be published
A final report on a major investigation into the UK’s energy sector by the competition watchdog is set to be published.
Subsea industry head to Westminster
Representatives of the UK's beleaguered subsea industry are taking their plight to Westminster tomorrow to urge policy makers to do everything they can to protect the sector.
Oil and gas industry facing new cost pressures
International efforts to crack down on tax avoidance could heap more red tape and costs on the North Sea oil and gas industry, accountancy network RSM has warned.
ESS sells £1million offshore wind carousel to Bobby
Bibby Offshore has splashed out a seven-figure sum on a new 800-ton carousel that marks a move into the offshore wind array cable installation market.
Mexican ambassador aims to boost Scottish oil and gas links
Mexico’s ambassador to the UK, Diego Gomez Pickering, is visiting Scotland today to discuss business opportunities between the two nations.
Mixed picture for private sector in latest BoS report
New business for Scotland’s private sector grew at an increased pace during May but workforce levels fell for the sixth consecutive month, according to a new report.
Union Jack Oil acquires fresh stake in UK onshore licence
Union Jack Oil said it has acquired a further 8.33% economic interest in an onshore asset in Lincolnshire.
Solstad Offshore signs new framework agreement with Technip
Solstad Offshore has signed a frame agreement with Technip Norge and Technip UK for the supply of vessels for trenching, construction and subsea services.
Fuel prices rise for third consecutive month says RAC
Motorists have been hit with a rise in the price of petrol and diesel for the third month in a row, according to new figures.
Timelapse: Statoil installs first of 67 foundations on Dudgeon offshore windfarm
Statoil has installed one of the 67 foundations for the UK Dudgeon Offshore windfarm.
French unions deliver new blow to Hinkley Point nuclear power scheme
The Hinkley Point nuclear power station project suffered a fresh setback as it emerged trade unions are “unlikely” to back the scheme, which is being developed by French energy giant EDF.
3Sun to create up to 50 jobs at Hull base
3Sun Group is to create up to 50 jobs with opening of a new base in England.
Another 2,000 jobs to go at Weatherford
The carnage caused by lower oil prices is about to lay waste to a further 2,000 jobs globally at energy service firm Weatherford International.
Archer to cut up to 10% of workforce in UK, Norway and Argentina
Archer said it plans to make reductions to its headcount by up to 10% in the second quarter of the year from its operations in the UK, Norway and Argentina.
Aker posts profit drop on oil slowdown
Aker Solutions saw its revenue decline by NOK2billion in the first quarter of the year compared with 2015 amid the continued oil price decline.
British public “don’t know enough” about nuclear power
A new survey has shown 40% of the British public "don't know enough" about nuclear power.
Renew News: Homeowners predict energy of the future
Fresh figures have revealed what homeowners predict will be the energy sources of the future.
Shell’s UK boss says it will strike ‘innovative deals’ for its North Sea assets
Oil giant Shell is running the rule over the potential sale of north Sea assets - but it is too early since its mega-merger with rival BG Group to have decided on a sale process. But Paul Goodfellow, Shell’s upstream vice-president for the UK and Ireland, said the company may be looking at “innovative deals” like the sale of its Anasuria field.
Energy customers still ‘baffled and bewildered’ despite bills shake-up
Six out of 10 consumers still do not understand their energy bill a full two years after the introduction of reforms designed to make the information simpler and clearer.
Huge ambition but many challenges face the renewables juggernaut
Doubling the share of renewables in the global energy mix by 2030 is feasible, but only with concerted action to jump-start their use in transport, building and industry. Bioenergy is seen as being a critical component to achieving this objective. And if it is, then the sector could “sustain 24.4million jobs worldwide” just 15 years from now.
Tees Valley projects hit as air products firm quits energy-from-waste business
A company building two renewable energy plants in the UK is to quit the business.
Logistics group to pay more than £2m after discovering own corruption
A Scottish logistics group will pay more than £2million in fines after an illegal bribery operations was discovered in its own organisation.