Compelling public interest justified cutting the cost of a botched green energy scheme in Northern Ireland, a High Court judge has ruled.
While GMB Union welcomes new Oil and Gas Authority (OGA) decommissioning safeguards it wants assurances that UK decommissioning will be carried out within UK yards in Scotland and the North East of England.
A judge has dismissed a legal challenge to measures for cutting the cost of Northern Ireland’s botched green energy scheme.
Subsea technology firm, Ecosse Subsea Systems (ESS), posted a profit of £7million as it more than doubled its turnover to £27.7million.
Italian oil and gas firm, Eni, has taken operatorship of the Evans Shoal gas field situated off the coast of Northern Australia.
Low carbon power from renewables and nuclear accounted for record highs of more than 54% of British electricity between July and September, official figures showed.
Ineos have announced that the hairline crack which caused the Forties pipeline leak is currently stable and that they expect to have it repaired by Christmas.
Scottish renewable energy generation has seen a 19% rise between 2017 and the same period last year.
Irish renewable investment company, Greencoat Renewables PLC, have acquired the Dromadda More wind farm for £78.5million.
The largest operator in the Kurdistan Region of Iraq, Gulf Keystone Petroleum Ltd, is to receive a $15million pay out from the Kurdistan Regional Government (KRG).
Nigeria’s Oil and Gas Free Zones Authority (OGFZA) conferred Oil and Gas Free Zone Developer status on homegrown company, Notore Chemical Industries Plc (Notore), an agro-allied, chemicals and power company, earlier this month.
Oil and gas exploration and production company, Pantheon Resources, have announced they are to increase their working interest in VOBM#5 well, in Polk County, East Texas.
Eni today reaffirmed its confidence in its chief executive Claudio Descalzi.
Real talent has no ceiling, no age limit.
Oil headed toward its highest close in over a week as industry data was said to show a larger-than-expected drop in U.S. crude stockpiles.
Newcastle, the Australian port that's the biggest export harbor for thermal coal, is planning a shift away from the commodity that generates the overwhelming majority of its trade volumes BHP Billiton Ltd., one of the world's largest coal miners, is considering quitting the industry's global trade body and perhaps the U.S. Chamber of Commerce because it can't reconcile its policies on climate change and energy policy with their more coal-friendly stances National Australia Bank Ltd. promised not to lend to new thermal coal projects and ING Groep NV pledged to reduce its exposure to coal generators to close to zero by 2025 China Merchants Bank Co. joined the lengthening line of lenders disavowing advances for Adani Enterprises Ltd.'s Carmichael project, one of the largest such developments worldwide but one that's highly unlikely to go ahead South Korea, one of the world's biggest coal importers, announced plans to phase out coal by 2079 and sharply cut its use by 2030 The International Energy Agency said that coal demand would remain essentially flat until 2022 -- particularly striking given that in recent years it has tended to overestimate coal's prospects
The nation's commercial stockpile of crude has fallen by 100 million barrels since reaching the highest point in decades at the end of March.
Offshore service provider Drydocks World has signed an agreement to carry out construction of the Turret Mooring System (TMS) for Statoil’s Johan Castberg Floating Production Storage and Offloading (FPSO) vessel.
Yam Pro Energy from Israel signed an MOU with Shapoorji Pallonji Group, the owners of the TATA Group, to build a wave energy power station in Ghana.
DNV GL published the Maritime Forecast to 2050 which analyses the impact of the changing global energy system on the shipping industry through to 2050. The report explores how the expected shifts in energy production and demand, GDP growth, industrial production and regional manufacturing might change the maritime industry, and the impact on individual ship segments.
Oil and gas drilling and production service provider ADES International Holding Ltd (ADES) have signed a Purchase and Sale Agreement (PSA) with Nabors Drilling International II Limited for three operating jack-up rigs.
Energy giants SSE and British Gas account for more than half of all customers on poor-value standard variable tariff (SVT) deals, Ofgem has found.
Aberdeen-based John Wood Group has been awarded a construction management contract with GE Energy to facilitate Europe’s largest single-site onshore wind farm.
Spending on business research and development (R&D) in Scotland has topped £1 billion for the first time.
If you consider how much oil the world holds, Aberdeen is a microcosm by comparison.