European Energy Prices Plunge as EU Plans to Intervene in Crisis
European energy prices plunged on signs that the region is stepping up efforts to curb a crisis that threatens to tip the region into recession with winter approaching.
European energy prices plunged on signs that the region is stepping up efforts to curb a crisis that threatens to tip the region into recession with winter approaching.
CeraPhi Energy has signed an agreement to provide drilling and intervention services to Halliburton in exchange for in-kind engineering and project management support.
A 300ft wind turbine in South Wales collapsed in 50mph winds causing it to "overspeed", snapping its blades.
North Sea oil and gas workers could be poised to stage a second series of wildcat strikes in less than a year.
Equinor and Wintershall Dea have partnered up in the development of a Carbon Capture and Storage (CCS) value chain connecting continental European CO2 emitters to offshore storage sites on the Norwegian Continental Shelf.
Offshore equipment and solutions provider, Aquaterra Energy has appointed Anne Haase as renewables director to drive the offshore renewable energy arm of the business.
Ping Petroleum owner DNeX has published "stellar results" for the financial year ended 30 June 2022, with nearly £135 million in profits after tax and revenues of £270m.
European natural gas prices plunged the most since March after Germany said its gas stores are filling up faster than planned.
Three young Engineering Construction Industry Training Board (ECITB) scholars have received apprenticeship positions with Trillium Flow Technologies.
Aberdeen-based Verlume has appointed Andy Martin as its new chief commercial officer and has made two internal promotions for chief technology officer and chief operating officer roles.
With ONS 2022 starting today and making an in-person return after four years, the energy industry is excited to see what the conference has in store.
London-based Neptune Energy announced a new commercial oil discovery at the Ofelia exploration well, near the Gjøa field in Norway.
“The past is where you learned the lesson. The future is where you apply the lesson. Don’t give up in the middle!” Dale Carnegie, American writer and lecturer.
This year's Future Offshore (FOS) event in Aberdeen today kicked off with a keynote speech from the UK's ambassador to Norway.
GMVi has launched new well-risk analysis software for North Sea operators that could keep wells safe and boost production value by up to $500 million a year.
Malaysian-based Hibiscus Petroleum has released its Q4 reports for the financial year, ending the 30th of June 2022, reporting gross profits of £45.84 million.
Saltend Chemicals Park owner, PX Group, has been awarded a 10-year Operations & Maintenance (O&M) contract by ReNew ELP at the world’s first commercial-scale plastic recycling plant.
Today Neptune Energy announced it has begun an infill drilling campaign at its operated Cygnus gas field that has enough potential to unlock enough gas to heat an additional 200,000 UK homes per year from this winter.
Big revenues for North Sea oil and gas producers on the back of high oil prices have yet to “trickle down” to much of the supply chain, a leading Aberdeen lawyer has said.
Trades unions in Aberdeen have issued a series of demands as they raised concerns over “low-paid and insecure” jobs that could become available if the north-east wins support for its green freeport bid.
A group of 50 Just Stop Oil supporters formed roadblocks to disrupt supplies from two oil facilities this morning to demand that the government end new oil and gas projects in the UK.
France rolled out a ban on the advertisement of all energy products relating to fossil fuels yesterday.
Aberdeenshire-based Pipeline Technique (PTL) has today completed its acquisition of three energy infrastructure businesses from Stanley Black & Decker.
The new boss at Aberdeen-headquartered energy services giant Wood (LON: WG) has said cash generation is a "top priority" after it plunged by nearly a third.
Sir Jim Ratcliffe’s Ineos has posted net profits of £472 million thanks to the soaring price of oil and gas that has left families unable to heat their homes.