‘Key milestone’ as Hurricane Energy pays off $78m debts
Hurricane Energy (LON: HUR) has reached a “key milestone” paying off more than $78.5m in convertible bonds to its lenders.
Delmar deploys ‘UK-first’ tech at Shell Penguins field as firm moves into new Aberdeen base
Technology originally used to help vessels avoid icebergs and cyclones has been deployed in a “UK first” to cut costs and emissions at the Shell Penguins field in the North Sea.
Next Prime Minister faces 150% energy price shock for UK
Every UK prime minister expects to face challenges. Few would imagine that they might have to spend billions of pounds to make sure people don’t freeze in their homes during winter.
‘Surprise visitors’ as turbine tech spots Minke whales at Scottish wind farm
Stunning footage has been captured of whales making a surprise visit to turbine technicians at a North Sea wind farm.
Wood promotes Craig Shanaghey to executive president of operations
Wood (LON: WG) has promoted rising star Craig Shanaghey to its top leadership team as executive president of its operations business.
Viral TikTok video slammed as ‘reckless’ after vlogger takes paddleboard out to UK wind farm
A viral TikTok video has been blasted as “reckless” after a vlogger took a paddleboard solo on a 20-mile round trip to a UK wind farm.
Baker Hughes sees ‘unusual circumstances’ for oil market through 2023
Baker Hughes (NASDAQ: BKR) expects an “unusual set of circumstances and challenges” for the oil market through 2023.
Rishi Sunak pledges to reinstate separate Department for Energy
Rishi Sunak has pledged to reinstate a separate Department for Energy should he become the UK’s next Prime Minister.
Gazprom poised to restart gas flows through Nord Stream
Gazprom is poised to restart gas exports through its Nord Stream pipeline to Europe on Thursday at reduced capacity, according to people familiar with the matter.
Serica Energy boosts production from 24-year-old BP well
Serica Energy (LON: SQZ) has quadrupled production from a 24-year-old BP well in the North Sea.
UK Government moves to boost green hydrogen amid soaring gas prices
The UK Government is moving forward with policies to ramp up its nascent green hydrogen industry that uses renewable energy as it seeks ways to reduce dependence on imports of natural gas.
Is there a role for blue hydrogen in a green energy transition?
With its potential as an energy carrier that supports an increasingly renewable electricity grid, hydrogen can complement and accelerate other technologies required to deliver net-zero by 2050.
Halliburton takes $366m impairments on Russia invasion of Ukraine
Marketing for sale its business in Russia and impairments on its assets in Ukraine saw Halliburton (NASDAQ: HAL) take $366m of impairments in the first half of 2022.
Hurricane Energy ready to pay off debts following oil price surge
Hurricane Energy (LON: HUR) is ready to pay off its debt next week with cash to spare, in a remarkable turnaround in fortunes over the last year.
How can our turbines go where no wind turbine has gone before?
Equinor’s turbines float, so they can harvest stronger winds further out to sea. Our floating wind farm Hywind Scotland is the best performing UK wind farm. See how we’re accelerating the UK energy transition at equinor.co.uk
Gazprom declares force majeure on some European gas buyers
Russian gas giant Gazprom has declared force majeure on several European natural gas buyers - a move that may signal it intends to keep supplies capped, reinforcing Russia’s grip on the region’s energy.
Exclusive: Hydrasun unveils major push on hydrogen technology
Hydrasun has unveiled a major drive on hydrogen technology, with a clutch of initiatives including the launch of a new skills academy, a recruitment push, and a new acquisition on the way.
Worley lands wide-ranging services contract on Shell platforms in Gulf of Mexico
Worley (ASX: WOR) has landed a services contract for a clutch of Shell platforms in the Gulf of Mexico.
ExxonMobil and ASCO among quartet of new EIC board appointments
The Energy Industries Council (EIC) trade association has appointed a quartet of new board members.
Europe to ration gas if Nord Stream stays shut, Ineos says
Europe will need to ration natural gas to meet winter heating demand if the Nord Stream pipeline doesn’t restart after planned maintenance, according to Ineos Group.
Johnson Matthey closing in on £60m UK hydrogen factory
FTSE 100 engineering firm Johnson Matthey (LON: JMAT) is nearing a deal to build a £60m hydrogen fuel cell factory in the UK, according to the Telegraph.
Ready for a challenge? Join us and be part of delivering a more sustainable world
We’re running an event in Aberdeen and it’s all about new energy. We’re looking for people to join our teams and help build a better future.
UK oil and gas lobby group disappointed as windfall tax becomes law
The UK’s main lobby group for the oil and gas industry urged ministers to work with the sector to minimize the the impact of a new windfall tax on profits.
Apache names former BP deputy CEO as new chairman
Apache (Nasdaq: APA) has named the former deputy CEO of BP as its new chairman.
Shell looks to share more of its huge profits
Shell (LON: SHEL) is seeking to redistribute more of its huge profits off the back of soaring energy prices.