By Stephen Wheeler, Managing Director of SSE Thermal
For those working across the energy industry, COP26 has been a hot topic for the last several years. Now, the conference is finally underway and, like everyone reading this, I am hopeful that it will see significant breakthroughs in the fight to tackle climate change globally.
Chancellor Rishi Sunak has come under fire for “failing to provide much needed clarity” on future carbon capture projects after a snub for the Acorn project last week.
Petrofac fell deeper into pre-tax losses in the first half of 2021 as “challenging market conditions” and a fraud squad fine continued to impact the business.
Bilfinger Salamis employees on Taqa North Sea assets have raised a collective grievance over proposed changes which would overhaul their holiday leave system.
Petrofac (LON: PFC) has announced a £200million fundraise through share placing in order to help pay a Serious Fraud Office (SFO) fine for bribery offences.
Thousands of delegates will gather in Glasgow in a few days for United Nations talks aimed at staving off catastrophic climate change. Just 80 miles north of the city, a tree-planting project in the Scottish Highlands underscores one of the toughest issues they’ll have to entangle.
More than 190 countries signed on the dotted line of the Paris Agreement in 2015, forming a new global consensus on the imperative to halt rising temperatures. The collective results since then haven’t been enough.
Aberdeen’s Talisman House office block has been put up for sale for £19.5million, raising the prospect of the biggest commercial property deal in the city since the start of the Covid-19 crisis.
An investigation is underway after a rescue ship "made contact" with a Noble Corporation oil rig leg, weeks ahead of a jack-up "issue" leading to work being ceased at a flagship IOG North Sea field.