Ireland’s DP Energy is to launch a joint venture with Danish firm, Floating Power Plant, for the launch of a Katanes wind and wave hybrid turbine off the coast of Caithness in the north-east of Scotland.
On Thursday, as President Donald Trump ordered tariffs on Chinese goods, he warned, “This is the first of many.”
ICAP, part of TP ICAP group, the world’s largest interdealer broker, has appointed Joe Hutchinson to lead the group's new oil business.
Saipem has entered into an agreement to acquire the Ultra Deepwater Rigid and Flexible Pipelay, 3000 ton Heavy Lift and Construction Vessel Lewek Constellation.
Electric cars may be cheaper than their petroleum counterparts by 2025 if the cost of lithium-ion batteries continues to fall.
It emerged last night that CEO Ayman Asfari has acquired £10million in Petrofac company shares, despite being under the spotlight of a bribery probe.
Offshore development firm Energean Oil and Gas has announced that its board has taken the final investment decision (FID) to proceed with the £1.1billion Karish and Tanin development offshore Israel.
Russia and its nuclear power company, Rosatom, have inked deals this year to develop nuclear plants in Bangladesh, Argentina, Congo and Mongolia. China is working on projects in the United Kingdom and Pakistan. South Korea, Japan and France also are seeking to export nuclear power technology to developing nations hungry for energy.
A power station chimney which is more than twice the height of Big Ben is due to be demolished in a controlled explosion.
Lessons learned in the oil and gas industry will be shared with academics in a bid to develop new efficiency solutions for the construction and infrastructure sectors.
Loganair’s managing director has revealed he is “on the warpath” to get better seating facilities at Aberdeen Airport.
Petrofac announced yesterdayday that it is to shed nearly 100 jobs within the UK, mainly within its onshore office staff.
The new CEO of Scottish Power has described the idea of building wind farms that are subsidy-free as "bonkers" during a panel debate with other industry leaders.
The world’s oldest maritime welfare charity is asking churches in Inverness to remember the world’s seafarers in a special service. Congregations from around the world will take part in Sea Sunday services on July 8 in aid of Sailors’ Society.
Power generated by natural gas-fired plants saw the steepest declines on record last year, as coal-fired power continued to slump and power from renewable energy sources continued to rise.
Asset services company Bilfinger Salamis UK has announced a major contract win with Shell UK and Nederlandse Aardolie Maatschappij B.V. (NAM), for the Southern North Sea, securing more than150 jobs as personnel move over to the firm.
Energy recruitment firm Ducatus Partners has announced two high-level additions to the company’s Houston team.
The cost of Noble Group Ltd.’s restructuring is likely to top $100 million, another financial burden for the cash-strapped commodities trader that has defaulted on its bonds.
Norwegian focussed oil firm Faroe Petroleum posted a healthy increase in revenue yesterday, with CEO Graham Stewart saying currently, that for a company Faroe’s size, they’re making it “look easy.”
Jim House, CEO of Neptune Energy, said yesterday that one of the largest single producing gas field in the North Sea will “outlive the careers” of those who work in the sector and keep his firm in the area “for a long time”.
One of Britain largest renewable energy suppliers has seen a dip in profits but an increase in revenue as it posts its 2017 results.
A fire which had broken out at an oil storage tank at Tankstore's Pulau Busing terminal in Singapore has now been extinguished according to authorities.
Oil extended gains as investors assessed geopolitical risks with speculation that the U.S. president and Saudi Arabia’s crown prince discussed countering the influence of Middle East producer Iran.
OPEC and its allies held further discussions about changing the way they measure the impact of their production cuts, including proposals that would affect how quickly they hit their target, according to delegates from the group.
The Houston-based energy engineering and construction firm, Willbros Group, is considering filing for bankruptcy or selling all of its assets as it continues to struggle financially.