Fund manager Social and Sustainable Capital (SASC) has announced plans to establish a dedicated renewables investment committee and has revealed its first two members.
A Scottish decarbonisation group has been successful in its bid to secure more than a million pounds to draw up an industrial emissions reduction roadmap.
Geothermal baseload electricity is to be sold in the UK for the first time after a landmark deal with a renewable energy supplier was rubber-stamped.
A wind farm in the northern Highlands recently hit a major milestone after it exported electricity to the National Gird for the first time.
The UK Government’s decision to green light plans for a major offshore wind farm has sparked concerns about the potential impact on sea birds.
A leading renewable energy expert has heralded 2020 as having been a “massive year” for the development of floating offshore wind.
For many people up and the down the UK, restrictions on social gatherings will have meant a Christmas day unlike any other.
SDCL Energy Efficiency Income Trust (SEEIT) has agreed to acquire a series of on-site solar and energy storage projects in the US in a deal worth around £110 million.
British challenger energy supplier Octopus has been valued at more than two billion dollars (£1.5 billion) in a new deal which launches its brand in Japan.
A growing number of borrowers in Asia Pacific are getting loans whose interest rates are linked to meeting sustainability goals, in one of the few bright spots for a corporate lending market depressed by the pandemic.
A “window of opportunity” could present itself for oil producers next year as analysts predict supply deficits may reach their highest level in years.
With the dramatic impact of the COVID-19 pandemic and the fluctuating price of oil, 2020 has been a difficult year for us all and particularly our industry. During this time, we experienced a period of dramatic change, leading to a very “different” future.
An Aberdeen-based wire and fibre rope solutions provider has announced the appointment of three new “key members” of staff as it targets “ambitious growth plans”.
Diamondback Energy is planning a pair of acquisitions worth more than $3 billion that would strengthen its position in the Midland Basin of West Texas.
Holyrood has pledged to give the hydrogen sector £100 million over the next five years in order to support a green recovery and a just transition to net zero.
Russia intends to support a further increase in OPEC+ production at the group’s meeting next month, even as a new strain of the coronavirus raises concerns about demand, said officials familiar with the country’s oil policy.
Sweden is fighting a draft European climate measure that it says could harm its world-beating green bond market.
Scotland’s green hydrogen capabilities could “significantly contribute” towards domestic and international net zero targets through the decarbonisation of heavy industry.
A wind turbine data-sharing program, which aims to enhance operational performance visibility in the renewables sector, has been launched.
The UK Government has been urged to give “more detail” on planned support for the oil and gas industry in order to give the sector greater confidence.
Seadrill has made a double change to its senior management team with Reid Warriner and Leif Neilson taking up the roles of chief operating officer and chief technology officer respectively.
The Faroe Islands Government has said it has no plans to follow Denmark’s decision to wind down oil and gas exploration.
Liquefied natural gas has made a dramatic rebound from a pandemic-induced demand collapse, and the rally in the heating and power-plant fuel could extend into next year.
The oil and gas industry contributed £9 billion in gross value added to the Scottish economy last year, more than 5% of GDP.
BP has announced the appointment of Karen Richardson and Johannes Teyssen as non-executive directors, effective from the beginning of next year.
