Oil jumped after the World Health Organization said there’s no need for travel and trade bans due to the coronavirus, but was still set for its worst month since May as the outbreak sapped the demand outlook.
Germans are preparing to throw the weight of Europe’s biggest economy behind a plan to replace fossil fuels with the universe’s lightest element.
Valero Energy Corp. said Thursday it finished 2019 with earnings of $2.4 billion, down more than 22 percent from the prior year, which the company attributed to higher prices it paid for sour crude and high gasoline inventories.
The financial controller of Forth Ports, Alex Smith, has today been appointed to the board of the Offshore Renewable Energy (ORE) Catapult.
A sheriff launched a scathing attack on the legal system for forcing families to wait a “deplorable” seven years for an inquiry into a North Sea helicopter tragedy.
Customers have been paying too much for their electricity for seven years as regulator Ofgem set the bar too low for networks, the spending watchdog has said.
Reducing energy use in transport and homes could help prevent tens of thousands of early deaths and save the NHS £3.7 billion a year, a report has said.
An Edinburgh-headquartered firm has been named as the hydrogen refuelling partner on a £1.9 million Irish transport project.
The deputy chief executive of RenewableUK is to leave to head up trade association Energy UK.
Oil and Gas UK (OGUK) will this week outline the details of its response to the UK and Scottish Government’s net zero targets.
The UK needs to see floating wind projects power North Sea oil and gas installations “as soon as possible”, according to Scotland’s energy minister.
North Sea wind projects alone “will not support” a vibrant home supply chain and jobs, according to the boss of Scotland’s biggest offshore wind developer.
Lightsource BP’s boss “periodically pinches” himself at the thought of the solar developer’s partnership with an oil supermajor – and the opportunities created by that link up.
A new Scottish developer has said he is “undaunted” by the fresh interest of oil majors in the offshore wind sector, as his firm aims to bid into an upcoming North Sea leasing round.
The risks of working in the offshore energy industry are well-documented – long hours, dangerous equipment, extreme weather and weeks away from family and friends. The results can be catastrophic, illustrated by the 2010 blowout on the Deepwater Horizon drilling rig, which killed 11 people and spilled millions of barrels of crude oil into the Gulf of Mexico.
An Aberdeen-headquartered firm has announced it has formed a new wind analysis team to support both onshore and offshore wind developers.
The oil major Exxon Mobil is not planning to give up its status as the top driller in Texas.
Sainsbury's plans to invest £1 billion towards making its operations "net zero" by 2040 - a decade earlier than the UK's legal goal - it has announced.
Damen Shipyards has announced it has taken a new 'low carbon' offshore vessel to the concept stage after calls from operators for lower emissions and increased on board comfort.
Mammoth Highland offshore wind farms are footing a bill of around £20 million more per year than English projects to connect to the grid, according to the builder of what will be Scotland's biggest wind venture.
The Norwegian government can hand out oil drilling licences in the Arctic, a court has decided.
Norwegian energy giant Equinor has agreed a deal for the construction of a North Sea carbon-free supply vessel that will be fueled by ammonia.
Oil-field service giant Schlumberger grew its global head count in 2019 despite finishing the year with a $10.1 billion loss and laying off 1,400 workers in the United States.
The Scottish Government has rejected that new offshore wind jobs figures published by the Office of National Statistics (ONS) reflect a decline in sector employment.
Qatar’s sovereign wealth fund plans to shift into greener assets, according to Chief Executive Officer Mansoor bin Ebrahim Al Mahmoud.