Hurricane Energy CEO banked £415k in 2021
The chief executive of Hurricane Energy took home more than £400,000 during a year of “profound change” for the beleaguered firm.
The chief executive of Hurricane Energy took home more than £400,000 during a year of “profound change” for the beleaguered firm.
An investigation has been launched after part of a crane collapsed into Burntisland Harbour.
London-listed Reabold Resources (LON: RBD) has announced the appointment of a new chief financial officer.
The Business Secretary has said the Government's nuclear power push may initially increase energy bills.
A raft of planned improvements have been earmarked for Aberdeen’s North Sea Memorial Gardens as part of a transformational re-design.
The industry regulator has dished out two carbon storage licenses, taking the total number of permits in place in the UK to six.
North Sea operator Neptune Energy almost quadrupled its quarterly takings year-on-year, driven by a resurgence in oil and gas.
Oil and gas firm Capricorn Energy confirmed drilling is away to kick off on a North Sea prospect imminently.
Oil giant BP (LON: BP) has continued its rampant expansion into offshore wind with the submission of bids for a pair of leases in the Netherlands.
Maersk Drilling secured contracts worth £292 million in the first three months of the year.
In the last few months, gas’ role in the energy mix has been put under a microscope.
Efforts to drive green job creation in the UK have “stepped up a gear” after a dedicated taskforce held its inaugural meeting.
The chairman of supermarket chain Tesco has added his name to the list of those calling for a windfall tax on the profits of oil and gas companies.
Energy services giant Subsea 7 has bagged a multi-million pound contract for work in the Caribbean.
Industry regulator the North Sea Transition Authority (NSTA) has released a new dataset to help four North Sea operators to reduce their decommissioning costs by 50%.
Aberdonians want oil and gas to continue without a tax on excess profits while work continues on the shift to greener energy, according to senior Tory Michael Gove.
Harbour Energy is pushing ahead with an “active rig programme”, with plans to drill over 20 development and infill wells in 2022.
After a decade of accelerating growth, the expansion in global renewable power is expected to slow slightly next year due to supply-chain bottlenecks.
French oil giant TotalEnergies (LON: TTE) has confirmed construction has kicked off on the Eolmed floating offshore wind farm.
The oil & gas industry was arguably worst hit by the IR35 changes, due to heavily relying on consultants, particularly lawyers. Understandably, some businesses are still unsure of how to manage IR35’s stipulations so they can access instant legal expertise, and ease pressure on in-house legal teams. But there is a way forward, which can minimise the impact IR35 has on businesses. Using freelance providers can ease a huge admin burden, but it’s important business understand their obligations too.
A leading analyst says the North Sea “could do with another Buzzard” to offset production decline and plug the import gap.
An Aberdeen-based energy transition skills initiative has bolstered its leadership team with three new appointments.
The company behind a massive North Sea redevelopment that could yield millions of barrels of oil says it is “hopeful for the future” of the project.
Neptune Energy has announced today it will spend more than $1 billion (£810 million) to help shore up the UK’s energy supplies.
North Sea firm Orcadian Energy has shared its electrification blueprint for axing operational oil and gas emissions by up to 80%.