Blaze extinguished at Equinor’s Tjeldbergodden facility
Equinor was forced to evacuate employees at a methanol plant in Norway earlier today after a fire.
SuperNode awarded statement of feasibility for subsea superconducting cable system
Certification body DNV GL has awarded SuperNode with a statement of feasibility for its subsea superconducting cable system.
Oil slips with OPEC still working to bridge gaps on output plan
Oil edged lower in New York, with OPEC and its partners engaging in a diplomatic push to agree on output levels before a key meeting on Thursday.
While OPEC+ fights, Mexico wins over $2 Billion with oil hedge
Mexico will cash in its oil price insurance policy this year for the fourth time only in the last two decades, receiving a payout of about $2.5 billion from its 2020 sovereign oil hedge, people familiar with the transaction said.
Chrysaor eyeing up more drilling in 2021
Chrysaor is looking to book two more drilling rigs to support its North Sea operations next year, according to the firm’s executive vice president of operations.
Big oil pays for past bets on fossil fuels With $70 billion hit
Exxon Mobil Corp.’s impending writedown of natural gas fields rounds out a record year for Big Oil chargeoffs stemming from misplaced optimism on the future of fossil fuels.
Ørsted hit with huge tax bill by Danish treasury for UK assets
Ørsted has been slapped with a tax bill totaling almost DKK 7 billion by the Danish treasury for two of its UK offshore wind farms.
ReFLEX Orkney launches ‘ground-breaking’ green energy services
A “ground-breaking” new local energy company has been launched in Orkney as part of plans to support the “green industrial revolution”.
Oil rises despite OPEC+ struggle for consensus on output, second day of meeting postponed until tomorrow
Oil erased earlier losses with OPEC+ seeking more time to reach a deal on production policy after a meeting broke down without an agreement.
Andreas Nauen appointed chairman of WindEurope
WindEurope has elected Andreas Nauen, chief executive of Siemens Gamesa Renewable Energy (SGRE), as its chairman for the next 18 months.
OPEC+ inaction could lead to 200 million barrel surplus next year, Rystad says
Oil markets could be saturated with millions of surplus barrels if OPEC+ fails to agree an extension to current production cuts, according to analysis from Rystad Energy.
OPEC+ meets to seek compromise on plan to delay output hike
OPEC+ began two days of potentially complicated talks to hash out the size of its oil-production cuts next year, with the group’s president calling for caution in a fragile market.
‘A bright future for Levenmouth’: £18m for world’s first project to heat homes with 100% green hydrogen
Fife has leapt closer to launching the world’s first 100% green hydrogen network with the announcement of an £18 million funding boost.
OPEC+ heads to crucial talks seeking compromise on oil cuts
OPEC and its allies headed into a two-day meeting with ministers still seeking a compromise on proposals to delay a production boost, after failing to reach consensus in talks on Sunday night.
Ørsted wins legal battle giving it right to continue using name
Ørsted has won a legal battle, brought forward by seven people bearing the same name, to continue using the Ørsted handle.
Edinburgh-headquartered firm granted consent to build huge battery storage facility in England
An Edinburgh-headquartered firm has been given the green light to build one of the world’s largest battery storage projects on the banks of the River Thames.
Fifth of North Sea jobs could go by 2050 without ‘urgent investment’ in net zero solutions, says OGTC report
The number of jobs in the North Sea energy sector could fall by 20% in the coming years without “urgent investment” in offshore net zero solutions.
Equinor ordered to carry out assessment after ‘unacceptable’ practices uncovered at Mongstad refinery
Equinor has been ordered to carry out an assessment at one of Norway's biggest oil refineries after an investigation uncovered “unacceptable” conditions.
Highland wind farm suffers narrow defeat in Wind World Cup final
SSE Renewables has been left thinking what could have been after one of its Highland wind farms suffered a narrow defeat in the final of the Wind World Cup.
MHI Vestas completes turbine installation at Borssele 3 & 4 offshore wind farm
MHI Vestas has successfully installed the last turbine for the Borssele 3 & 4 offshore wind farm in the Dutch North Sea.
Ørsted fully commissions Borssele 1 & 2 offshore wind farm in Dutch North Sea
Ørsted has fully commissioned its Borssele 1 & 2 offshore wind farm in the Dutch North Sea.
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.