Greg Clark set to scrap sale of UK’s Green Investment Bank
A controversial plan to sell off the Green Investment Bank (GIB) to an Australian investor may be scrapped in favour of a £3.8billion stock market flotation, it has been reported.
A controversial plan to sell off the Green Investment Bank (GIB) to an Australian investor may be scrapped in favour of a £3.8billion stock market flotation, it has been reported.
The UK government will have to “front up” to support carbon capture and storage (CCS) as part of its industrial strategy, the Scottish Government has said.
Plans to develop a major subsea test and demonstration facility and increase investment in technology were unveiled by Scottish Government in Aberdeen yesterday.
Enpro Subsea is focused on a £1.5million research and development project to deliver “simpler, faster subsea fields”.
A North Sea cargo tank firm has manufactured and delivered a fleet of specialised transport containers for deployment in Antarctica.
A backdeck equipment maker based in Aberdeen and Peterhead has shipped the first of its new pipelay systems to lay umbilicals in the Indian Ocean.
The polymer division of Balmoral Group has won funding to develop new materials for use in wave energy converters (WECs).
CHC has won a new contract to provide helicopter transport services for an offshore wind farm development in the German North Sea.
Ace Winches has warned up to 30 staff they are at risk of redundancy, including six apprentices.
Part of a £10million government fund set aside for oil and gas research and development (R&D) projects in Scotland has been handed to a firm led by two American billionaires, it has emerged.
When looking at oil price trends over the years since the 1920s, it becomes apparent that apart from the cyclical spikes every few years, $100 plus was never going to be the norm. However, we became complacent in that unprecedented period of sustained, high oil price and the thought of living in $50 - $55 oil seemed unthinkable in 2014.
Finalists in a prestigious annual awards scheme celebrating the oil and gas industry have been unveiled.
A Laurencekirk fire safety firm is back on track for growth and adding new staff as it has won millions in new contracts in the renewables and mining industries.
Two Highland ports are set for job boosts if planning permission is granted for a floating wind energy demonstrator project off Dounreay.
Union leaders representing thousands of nuclear and postal workers across the UK are threatening strike action as employers seek to reduce so called gold-plated final salary pension schemes.
A major shift by a subsea engineering firm into the renewables sector is expected to deliver a major boost to profits and jobs this year.
Oil prices pared gains after earlier hitting 18-month highs yesterday, the first trading day of 2017.
Fears over UK energy security has led small businesses to call on government to reduce barriers preventing firms from producing their own electricity.
A controversial decision to transport spent fuel from Caithness to Sellafield has boosted turnover and profits at the company tasked with decommissioning the Dounreay nuclear power station.
Growth in exports delivered a boost to Balmoral Group’s bottom line of in its 35th year of business.
An Aberdeen-based shipping and oilfield procurement and services group has hailed its “robust” business despite measuring the impact of the oil and gas downturn on its balance sheet.
Oil and gas production in the UK rose while the proportion of electricity produced by renewables in Scotland have hit an all time high, new figures show.
A plan to help maximise the value of North Sea decommissioning for small to medium-sized firms has been published by the Scottish Government’s economic development agencies.
A former trainee car mechanic from Norwich who switched careers to join the UK oil and gas sector at the start of the global downturn, is on track for success after scooping the sector’s Apprentice of the Year Award.
A training academy for barbers that could offer former oil and gas workers a new career opportunity will launch in Aberdeen next year.