BP and Rosneft only oil explorers to deliver 1billion+ barrels in 2021
BP and Rosneft were the only companies to deliver more than a billion net barrels of oil equivalent through exploration last year, according to new research.
BP and Rosneft were the only companies to deliver more than a billion net barrels of oil equivalent through exploration last year, according to new research.
The biggest North Sea majors are set to invest more in the region’s wind power in the coming years than in its oil and gas.
Spirit Energy is tentatively targeting a second quarter sailaway for the Hummingbird Spirit FPSO in the North Sea.
The oil and gas industry has an essential role in supporting the UK Government’s ambitious plans for the transition to net zero.
Alternative lender ThinCats has revealed its £13.5 million backing for north-east businessmen Alfie Cheyne buying back the company he founded, Ace Winches, from Balmoral Group.
They were more accustomed to the green baize of snooker than the black oil extracted from the North Sea on giant oil platforms.
Norway has dished out 53 licences in its latest round of awards for oil and gas exploration.
A High Court has thrown out a legal challenge claiming that the UK Government had acted unlawfully in its support for North Sea oil and gas.
Aberdeenshire-headquartered Denholm Environmental plans to create up to 25 new jobs after a six-figure investment.
The £700million to be raised for Scottish Government coffers through the ScotWind auction “must be used” for jobs and training, a trade union has urged.
Maybe yesterday should be renamed Green Monday rather than Blue Monday. It was certainly a day to celebrate the ambition for renewable energy in Scotland as the ScotWind licencing round was announced with provision for significantly more GW than anticipated.
The world’s top market for subsea tie-backs will take an inflation-driven cost increase of £4.8billion on upcoming contract awards through to 2026.
It has been more than 20 years in the making, but at last Aberdeen has got its big chance to prove that it really can become a major player in offshore renewables and especially wind.
Oil and Gas UK (OGUK) has appointed a new health, safety and environment (HSE) director from EnQuest, as incumbent Trevor Stapleton is soon to retire.
Ex-Petrofac chief executive Ayman Asfari has snapped up the former chairman of Shell for his offshore wind business Venterra Group.
A project pipeline of more than 50 years in offshore wind could be secured thanks to the ScotWind seabed auction, according to a northern port.
ScotWind has proved a big boon to Big Oil, with fossil fuels giants BP, Shell and TotalEnergies all winning acreage.
There remains no removal plan in place for an oil rig in the Cromarty Firth which has become a dangerous playground for thrill-seekers.
A hedge fund run by commodities trader Doug King posted a record return last year, thanks to soaring energy, food, power and freight prices.
In this week's Energy Voice Out Loud podcast, the team look at the huge downgrade in reserves and sizeable valuation cut for the Mariner field in the east of Shetland, in what is another blow to the North Sea after a flurry of issues in recent months.
Former oil worker, climate activist and local artist John Bolland will explore the parallels between the current climate emergency and the Piper Alpha disaster in his new multimedia theatre production.
BP has handed in the decommissioning plan for the Foinaven FPSO in the West of Shetland following a flurry of HSE issues.
Neptune Energy has kicked off production from its Adorf Z16 well in Germany.
For the first time ever, the giant fleet of UK wind farms are earning the government money.
Tributes have been paid to John Westwood, founder of the namesake energy market analytics firm, who has died aged 76.