What OPEC+’s production deal means for global oil markets
OPEC+’s hotly anticipated output meeting on Thursday underwhelmed the market, with oil prices closing up after the decision.
OPEC+’s hotly anticipated output meeting on Thursday underwhelmed the market, with oil prices closing up after the decision.
The Scottish Government has set out updated spending plans for the next parliament, promising an increase of more than half a billion pounds of investment to drive down greenhouse gas emissions and build climate resilience.
The Dutch Ministry of Economic Affairs and Climate has granted ONE-Dyas permission to develop the N05-A gas field in the North Sea, in a move that could unlock further small fields in the region.
Just Stop Oil activists covered a UK government building in paint on Thursday, claiming it has “blood on its hands” after approving the Jackdaw gas field.
Equinor has announced the restart of production at its Hammerfest liquefied natural gas (LNG) plant, after a 2020 fire forced the site offline.
ROV services firm Rovco has bolstered its fleet with a charter party agreement for the Glomar Worker vessel, as it looks to support the growing UK offshore wind sector.
More than six months on from the November summit, the final episode of the COP Shop podcast reflects on the lasting impact and legacy of the Glasgow conference.
Aker BP has concluded the drilling of a wildcat well in the Norwegian Sea, locating up to 1.9 million cubic metres of oil equivalent, according to the Norwegian Petroleum Directorate (NPD).
Centrica has concluded the sale of the majority of Spirit Energy’s Norwegian assets to Sval Energi, and its interests in the Statfjord field to Equinor, as it focuses on UK gas production and energy transition projects.
Global Port Services, of Aberdeen, has launched a new division supplying crane and installation services to the renewable energy sector.
Industry body Scottish Renewables has welcomed three new directors to its board, bringing in expertise from business development, external relations and the energy services sector.
As industry grapples with the newly-imposed windfall tax, questions linger on the government's view of a so-called "normal" price for oil and gas.
Trustees of the CHC Helicopter pension scheme have warned of ‘severe consequences’ for its members if the company is forced to sell off portions of Babcock to complete its merger deal.
The first half of 2022 has been incredibly turbulent for Europe’s energy sector. And though many economies have shown a robust recovery in response to the COVID-19 pandemic, several other factors are now posing equally challenging risks.
Saipem and Havfram are exploring the potential to create an integrated offering for the development and construction of offshore wind farms.
Millions of households across the UK could face energy rationing measures not seen since the 1970s as Europe grapples with a supply crisis.
Viaro Energy has appointed Steve Jenkins as its non-executive chairman, following the departure of Roger Tucker.
A helicopter and a US military plane were involved in a near-miss over Caithness, investigators have revealed.
The Scottish Government is looking to back projects that will create jobs and address societal inequalities when the first portion of its £500m Just Transition Fund opens next week.
Inductosense has secured funding from the Net Zero Technology Centre (NZTC) to develop and trial a new wall thickness monitoring sensor with BP.
A windfall tax on electricity generators making “extraordinary profits” is still an option, UK Chancellor of the Exchequer Rishi Sunak said Thursday after slapping a similar levy on oil and gas companies.
Equinor said it has now fully exited all joint ventures in Russia, concluding a process begun in February following the country's invasion of Ukraine.
UK wind power production hit a record on Wednesday thanks to blustery weather spinning turbines across the country and out at sea.
TotalEnergies has announced a $1.6 billion deal with Global Infrastructure Partners (GIP) to acquire 50% of the US’ fifth-largest renewables developer, Clearway Energy Group (CEG).
SSE reported a near 50% jump in full-year profits last year, as it accelerates plans to invest £24 billion in renewables and energy transition projects and hire 1,000 people per year across the UK.