Ecosse Subsea reports double turnover and £7million profit
Subsea technology firm, Ecosse Subsea Systems (ESS), posted a profit of £7million as it more than doubled its turnover to £27.7million.
Eni gets Australian gas operatorship of Evans Shoal
Italian oil and gas firm, Eni, has taken operatorship of the Evans Shoal gas field situated off the coast of Northern Australia.
UK low carbon and nuclear electricity production sees significant rise
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.
Forties pipeline to be repaired by Christmas
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.
Scotland sees a near 20% rise in renewable generation for 2017
Scottish renewable energy generation has seen a 19% rise between 2017 and the same period last year.
Greencoat Renewables snap up Irish wind farm for £78.5million
Irish renewable investment company, Greencoat Renewables PLC, have acquired the Dromadda More wind farm for £78.5million.
Gulf Keystone gets $15million from Kurdistan Government
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 new oil and gas free zone “great opportunity” to boost foreign investment
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.
Pantheon increase interest in East Texas well
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 reaffirms confidence in chief executive amid bribery case
Eni today reaffirmed its confidence in its chief executive Claudio Descalzi.
Life after oil: Blue Gentoo prove that often the best solutions derive from experience
Real talent has no ceiling, no age limit.
Oil gains on signals U.S. stockpiles fell more than expected
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.
Opinion: Coal’s resilience today will prove its ultimate downfall
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
U.S. oil inventories fall by 100 million barrels since March peak
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.
SMB Offshore awards Drydocks World Johan Castberg contract
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.
Israeli energy group to build Ghanian wave energy power station
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 say energy transition changes shape, but not importance of shipping
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.
ADES International inks Arabian Gulf offshore rig purchase
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.
SSE and BP languish at bottom of poor-value league table
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.
Wood win huge Lapland wind farm contract with GE Energy
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.
Scottish R&D spending tops £1billion
Spending on business research and development (R&D) in Scotland has topped £1 billion for the first time.
Life after oil: A couple’s journey from employment uncertainty to Maltese dream
If you consider how much oil the world holds, Aberdeen is a microcosm by comparison.
In Pictures: Aerial shots of the Forties pipeline
These pictures show the continued work underway to repair the crack in the Forties pipeline.
Scottish electric vehicle charge point use jumps by almost half
The use of electric vehicle (EV) charge points in Scotland has increased by 43% in the last year, claims data provided by the RAC Foundation.
Subsea UK announce 2018 finalists for Aberdeen awards ceremony
Industry body Subsea UK has announced the finalists of its 2018 business awards due to be held at the Aberdeen Exhibition and Conference Centre.