GMB Scotland has said a "failure of government" is the cause of a major reduction in North Sea oil flowing through the Forties Pipeline System (FPS).
Carbon Capture Storage News
Renewables advocates say a two-year delay to the Scottish Government’s key plans for energy and just transition is putting billions of pounds of investment at risk.
American energy technology company Baker Hughes (NASDAQ: BKR) has expanded its North Sea presence after securing two long-term contracts with Vår Energi.
Savannah struck a deal to acquire Petronas’ South Sudan assets in December 2022. It had hoped to publish its AIM admission documents on the deal by September 30. Today, it has pushed that back to the fourth quarter of the year.
A lot has been made in recent days about the UK’s position as a leader on climate change.
Oil and gas service sector companies are finding it harder to source private equity investment potentially jeopardising a successful - and speedy - energy transition.