Norway risks discouraging investment in its oil industry if western Europe’s biggest crude producer repeats surprise tax increases and political meddling in projects, according to a report.
Scotland’s Macallan whisky distillery is set to get most of its heat requirement from a combined heat and power plant part-funded by the government.
Wind power has generated a new record high of 22% of the UK“s electricity over a 24-hour period, industry body RenewableUK said.
Anti-fracking protesters have super-glued themselves to the doors at the main entrance of the Department for Environment, Food and Rural Affairs (Defra), campaigners have said.
A call was today made for oil and gas companies to play a more active role in the fight against HIV.
OAO Rosneft is preparing to drill its first well offshore Norway with Statoil ASA even as Russia and its biggest oil company face the strictest sanctions yet over the conflict in Ukraine.
Aberdeen’s Mintra Training Portal – one of Europe’s largest providers of learning, training and competency services to the oil and gas industry – has clinched a £1million contract as the firm moves into the Asian market.
UK natural gas jumped to the highest in almost two months as demand for the fuel in power generation is set to strengthen amid declining supply from wind, coal and nuclear plants.
Hungary and Slovakia have joined forces to call on the European Union to relax its sanctions against Russia.
e Scottish Government is to oppose controversial plans that would remove the right of people to object to fracking companies drilling below their homes.
An oil field due to begin production east of Shetland could produce oil until 2050, it has emerged.
Norwegian Energy Company ASA (Noreco) recorded a boost in production and revenue after experiencing a lift in production.
OAO Rosneft asked the state for as much as 1.5trillion rubles ($42billion) of aid, a government official said, signalling a US ban on long-term loans to Russia’s largest company is starting to bite.
RMEC has made two senior appointments.
Vladimir Putin’s dream of a new pipeline to deliver Russian natural gas to the European Union without passing through Ukraine is fading amid escalating tit- for-tat economic sanctions.
Faroe Petroleum has appointed the “Oil Woman of the Year” as an independent non-executive director.
Exxon Mobil Corp. posted higher-than- expected profit as international sanctions against Russian interests clouded the U.S. oil explorer’s efforts to tap some of the world’s biggest crude reserves.
The European Commission (EC) claimed yesterday that the Elgin gas leak underlined the need for Brussels to take regulatory control of the North Sea industry.