Investment in North Sea energy ‘needs to be profitable’
North Sea oil and gas needs to be profitable to produce if it is going to attract global investment, an event on energy policy was warned in Aberdeen yesterday.
North Sea oil and gas needs to be profitable to produce if it is going to attract global investment, an event on energy policy was warned in Aberdeen yesterday.
Plans to turn the north-east into a global green energy hub have moved a step closer to reality after two power giants struck a deal to accelerate a "game-changing" project in the region.
Granite could be about to trigger a second industrial boom in the north-east - thanks to the heat it generates below the surface of the Earth.
Granite could be about to trigger a second industrial boom in the north-east - thanks to the heat it generates below the surface of the Earth.
Plans to turn the north-east into a global green energy hub have moved a step closer to reality after two power giants struck a deal to accelerate a "game-changing" project in the region.
A COUNCIL has rejected controversial proposals for a new coal-fired power station in its area.
The UK's energy distributor has warned there is "no guarantee" renewable power generated in an independent Scotland would be bought by England and Wales.
Councillors want more clarity on planning guidelines drawn up as part of a massive north-east energy project.
Hess UK is planning to hire Awilco Drilling's WilPhoenix semisubmersible drilling rig on next year's abandonment campaign on the Fife and Fergus Fields in the UK sector of the North Sea.
SCOTTISHPOWER Renewables' new P2 Pelamis wave-power device has set sail for the European Marine Energy Centre (EMEC) in Orkney.
BP is taking on hire the rig Maersk Discoverer, which is being released from contract almost a year early by Woodside Petroleum, which was using the semi-submersible to drill on the Pluto project in the Carnarvon Basin, offshore Western Australia.
GERMAN group Siemens has raised its stake in UK firm Marine Current Turbines to 40%.
Engineering giant Siemens has set its sights on commercialising marine energy after boosting its stake in a tidal power developer.
AN OIL company will today launch a fight against claims that staff working on one of its offshore platforms suffer from a lack of privacy.
AN ENGINEERING industry body has criticised the Scottish Government's "over-ambitious" renewable energy target and warned it would lead to rising fuel bills.
Architects have criticised planning guidelines drawn up for a massive energy scheme, which is expected to radically transform the north-east economy.
Scotland's renewable energy industry will only flourish if the country remains part of the UK, Prime Minister David Cameron said yesterday.
The fate of a major renewables investment remains unclear after Spanish energy giant Gamesa broke a self-imposed deadline on deciding whether to locate in Dundee or at a rival port in England.
Conservation charity RSPB Scotland has joined Donald Trump in objecting to plans for an offshore windfarm near Aberdeen.
One of the world's biggest banks has warned its clients about the dangers of investing in renewable energy projects in Scotland.
A major marine energy developer is forging links with Scrabster Harbour Trust in what is the first formal sign of the port's involvement in the fledgling industry.
A tidal power device designed by engineering group Rolls-Royce has become the first to supply more than 100 megawatt (MW) hours of electricity to the national grid.
SHETLAND'S own renewable energy exhibition and conference, Dynamic Shetland, takes place next month.
VESTAS and DONG Energy have agreed to trial the V164-7.0 MW wind turbine offshore Frederikshavn, Denmark. This will be a dedicated offshore machine developed specifically for the harsh conditions at sea.
The UK Government is set to announce plans to reduce subsidies for household solar electricity this week -- with fears the payments could be slashed by half.