New report finds North Sea ‘could lose 100,000 jobs’ under Labour windfall tax plans
Stifel has raised its estimate after previously saying 100,000 would only be lost in a "worst-case scenario".
Stifel has raised its estimate after previously saying 100,000 would only be lost in a "worst-case scenario".
Chevron (NYSE: CVX) is set to exit the UK North Sea as it looks to sell its remaining oil and gas assets in the region, Reuters has reported.
Energy services firm Expro (NYSE: XPRO) has completed its $210m deal to buy Aberdeenshire drilling tech company Coretrax.
Aberdeen company Wood (WG.L) has rejected a second, improved takeover bid, worth nearly £1.5 billion from a Middle East suitor.
BP has hailed 60 years since it began operating in the North Sea as the region looks to transition to renewables.
German energy firm RWE has announced plans to build a green hydrogen production plant at Grangemouth.