Oil giant Shell (LON: SHEL) has backtracked on its previous optimism about the UK Government’s new energy profits levy.
Recent months have underlined that energy security "still trumps" sustainability in the minds of politicians, the head of a trade body has claimed.
Boris Johnson said he wants to keep North Sea oil and gas flowing to help tackle the rising cost of living, and urged companies to boost investment.
The benefit of a circular approach as we address the climate challenge, with more focus on re-use and recycling, has been emphasised for me in recent days.
INTOG among several Scottish opportunities being chewed over by Equinor, says North Sea offshore wind boss
The upcoming INTOG offshore wind round is among a raft of “different opportunities” Equinor (OSLO: EQNR) is chasing in Scotland.
Big Oil has reacted to the news that Chancellor Rishi Sunak has finally opted to plough ahead with a windfall tax on North Sea profits.
Plans to enact a windfall tax on the profits of the oil and gas companies have drawn a mixed reaction from political figures.
French industrial services giant Altrad has continued its acquisition spree by snapping up Doosan Babcock for an undisclosed fee.
An energy transition boss at Petrofac (LON: PFC) has indicated the company would be keen to team up with others to progress a major decarbonisation project.
An imbalance between supply and demand in the energy labour market could send wages through the roof, the head of a leading skills body has projected.
‘The North Sea is open for business’ – energy chief delivers blunt response to those wanting to axe oil and gas
The industry regulator won’t be swayed by “hysterical assertions” from people who “simply don’t understand” the intricacy of the UK’s energy mix.
NSTA issues warning on thousands of late payments, but £5bn of supply chain opportunities in the pipeline
North Sea operators have been told to improve after new figures exposed the number of invoices that are not being paid on time.
The state-run oil champion led by a close ally of President Vladimir Putin has seen the largest drop in production since the invasion of Ukraine.
Westminster could be poised to hit electricity generators with a windfall tax, in addition to North Sea oil and gas firms.
Workers involved in wildcat North Sea strikes run a ‘real risk’ of being disciplined, says employment expert
North Sea workers who have been unofficially downing tools this week are at “real risk” of disciplinary action, according to a leading employment expert.
Energy services giant Petrofac (LON: PFC) is in discussions to bring an FPSO from the “other side of the world” to Europe for breaking up.
Rig moving company Offshore Marine Contractors (OMC) is celebrating the completion of its 6000th maritime operation.
Equinor has been pulled up by the safety watchdog after faults that could have led to a “major gas leak” were found on one of its North Sea platforms.
Obsolete and bad information is plaguing the debate around new nuclear power developments in Scotland, according to one of the UK’s leading energy lawyers.
The chief executive of Offshore Energies UK has reinforced the need for a predictable fiscal regime in a letter to the energy secretary.
Energy services firm Proserv has been picked to monitor cables at the world’s first commercial floating offshore wind farm.
The industry regulator is in the process of drawing up a new decommissioning bill reduction target for North Sea operators.
The energy regulator Ofgem has published a decision document on the Market Stabilisation Charge (MSC) and opened a fresh consultation on changes to the frequency of energy price cap adjustments. These changes, while identified by the regulator as crucial to protect the market, risk having an adverse impact on consumers - something Ofgem concede in their own documentation.
Oil and gas companies in the north-east have been challenged to alter the narrative around the industry in order to dissuade talent from relocating.