KPMG targets energy transition with new specialist advisory practice
Accountancy firm KPMG has launched a new specialist energy lead advisory practice with the aim of supporting clients through the energy transition.
Dogger Bank financial close shows ‘mega projects are the way to go’
The announcement of financial close for a major North Sea development proves that “mega projects are the way to go”, according to a renewable energy expert.
Renewables industry recognised at virtual Scottish Green Energy Awards
A project helping to alleviate fuel poverty in Orkney and a wildlife reserve in the Highlands were among the winners at Scottish Renewable’s flagship award ceremony.
OPEC-watchers expect group to delay supply boost by three months
OPEC and its allies will likely delay a supply increase planned for January by three months, according to a survey of oil analysts, traders and refiners.
New report examines positive impact of onshore wind on peatland
A new report setting out the how onshore wind projects in Scotland have contributed to the restoration and promotion of peatland has been released.
UK Government announces £1.3m for Aberdeen underwater engineering hub
A planned global underwater engineering hub in Aberdeen could be launched as early as next year after Westminster announced more than a million pounds worth of support.
Energy transition commitments could go some way to reversing North Sea pessimism
It’s hoped commitments to put energy transition “at the heart” of economic recovery plans could go some way to reversing negative trends in the oil and gas industry.
North Sea firms warn further job losses on the horizon, confidence falls to lowest level since 2015
Around a fifth of North Sea oil and gas contractors have warned they expect to make further job cuts in 2021 as they continue to deal with ongoing turmoil in the sector.
Ørsted outlines intention for 1.6GW of offshore wind in South Korea
Ørsted has outlined its intention to develop offshore wind projects in Asia Pacific with a potential capacity of up to 1.6 gigawatts (GW).
‘Milestone’ power purchase agreements signed for major North Sea wind farm
Power purchase agreements for the first two stages of what will be the “world’s largest” offshore wind farm have been given the green light.
Expect any Biden climate plan to have big impact on energy sector
The Joe Biden climate plan, Energy sector experts breakdown what to expect as the new US President looks to change the country's climate change stance.
Baker Hughes leads oil field services firms on emissions reduction targets
Baker Hughes has the “most ambitious” emissions reduction targets of the major oil and gas services firms, a new report has found.
Scotland facing renewables ‘planning logjam’, according to new report
Scotland is facing a “planning logjam” which could jeopardise the country’s 2045 net zero targets, according to new research.
‘No political will’ for a just transition away from hydrocarbons, says union boss
Governments in Holyrood and Westminster have been accused of having “no political will” to support a just transition away from fossil fuels to clean energy.
Investor interest in renewables increases during pandemic
Half of investors feel renewables have become a more attractive proposition during the Covid-19 crisis, according to a new study.
Generation 2050 manifesto serves as ‘fresh wake up call’ for energy bosses
Energy bosses have been served a “fresh wake up call” that the sector needs to accelerate progress to tackle climate change in order to attract top talent.
Crown Estate Scotland puts £48k floating wind research contract out to tender
Crown Estate Scotland (CES) has set aside tens of thousands of pounds to pinpoint areas that could accelerate the deployment of floating offshore wind.
Scottish firm awarded multi-million pound wind farm contract
A Scottish manufacturing firm has snapped up a multi-million pound contract to support construction work for a major North Sea wind farm.
ETIDEX: ‘Step change’ needed for floating wind, calls to ‘transform’ transmission network
The offshore renewables industry needs to make a significant “step change” if floating wind deployment is going to be brought on par with fixed-bottom.
North Sea oil industry ‘teetering on the brink’
A North Sea trade union boss has warned the oil industry is “teetering on the brink” due to a lack of activity and investment in the basin.
Oil clings to rally on signs of coronavirus vaccine progress
Crude held onto a rally amid progress on the development of coronavirus vaccines, with investors shrugging off a smaller-than-expected U.S. inventory build.
Europe seeks $940bn boost for giant offshore wind farms
The European Union wants a massive increase in offshore wind to help clean up the electricity industry and aid the recovery after the pandemic.
OGUK, Shell, Wood & Unite react to Boris Johnson’s ‘green industrial revolution’ plans
Westminster’s multi-billion pound plan for a “green industrial revolution” has been touted as a “welcome signal” of what the UK’s path to net zero may look like.
COP26 offers chance to ‘reset the benchmark’
The long-awaited United Nations Climate Change Conference will be a chance to “reset the benchmark” ahead of the worldwide push for net zero, according to one of the leading figures behind the event.
Prysmian to provide cable design and installation services for Sofia offshore wind farm
Prysmian Group has been chosen to provide cable design and installation services for a North Sea offshore wind project.