The UK’s renewable energy sector continues to adjust to the post-subsidy environment. The ending of onshore wind farm subsidies in 2016 and the closure of the renewables obligation (RO) mechanism for new solar capacity a year earlier has significantly affected financing within the sector. Earlier this year it was reported that investment into these areas of renewable energy fell by 56 per cent in 2017.
Like me, you will no doubt be overwhelmed by what seems like a torrent of new, self-proposed technology developments hitting the oil and gas market. But how many really deliver the sought after solutions to age old problems?
By Sara Spiers, founder and managing director of Spectrum
Leading facilities management and contract cleaning company Spectrum Service Solutions is delighted to open a new office in Aberdeen at
9 Queen’s Road.
Exxon Mobil Corp. told a judge that New York’s attorney general should either sue the company for misleading investors about the financial impact of climate change, or close its probe and move on.
Energy giant British Gas has paid out £2.65 million after regulator Ofgem found it overcharged more than 94,000 customers switching provider and wrongly imposing exit fees on thousands of households.
Oil services firm Petrofac has announced today that it has agreed a £543 million deal with Sonatrach for the Tinhert field development project in Algeria.
Scotland’s fishing industry has urged oil operators to ensure offshore infrastructure is “completely removed” from the seabed when it is decommissioned.
The Health and Safety Executive (HSE) has released its offshore statistics for last year, showing it raised more than 900 non-compliance issues with operators.
The man tasked with driving innovation at Maersk Drilling believes the industry is in a race to find the most competitive barrel of oil before demand peaks.
A renewables boss has said the tide may be turning for marine energy in Scotland, but warned the sector is at “real risk” due to the removal of government support.
Private equity firm Blue Water Energy (BWE) is more interested in buying than selling at present as offshore activity shows signs of a “rebound”, its co-founder said.