Hess announces multi-billion oil exploration warchest
Hess Corporation has today announced a huge oil exploration warchest of £2.2 billion.
Hess Corporation has today announced a huge oil exploration warchest of £2.2 billion.
The global offshore wind market is to grow by 680 gigawatts (GW) over the next ten years, according to energy research firm Wood Mackenzie (Woodmac).
One Select has become the latest small energy supplier to cease trading this year amid continued turmoil in the sector.
Verus Petroleum has completed a deal with Equinor for its stake in the Alba field in the North Sea.
Energy giant Shell has green lit a scheme to reroute gas from its Shearwater hub to St Fergus in Aberdeenshire.
Norwegian energy giant Equinor has said that a reported gas leakage at its Mongstad facility has been plugged.
Azinor Catalyst has received interest in developing three large-scale North Sea fields.
An oil field in the central North Sea has resumed production seven years after a leak forced its shutdown.
The activists who rankled Royal Dutch Shell Plc by filing climate-change resolutions for three straight years now are targeting other oil majors.
Scottish wind power produced more than 100% of the threshold for the first time, generating enough energy to power 6 million homes.
An "exciting period" for north-east renewables is responsible for a spike in Aberdeen Renewable Energy Group (AREG) membership, according to the chairwoman of the organisation.
Oil’s gains risk being quelled by uncertainty over how the OPEC+ coalition will implement its deal to cut output, according to Goldman Sachs Group Inc. and Morgan Stanley.
Following the lifting of a number of sanctions by the U.S., and the EU, in connection with the Joint Comprehensive Plan of Action (JCPOA), Iran was seen as a significant opportunity for the European oil and gas industry. But the so-called “snapback” of U.S. sanctions, following its JCPOA withdrawal, has dashed these hopes.
The Faculty of Public Health (FPH) has announced it has ended its investment in fossil fuels over climate change concerns.
OPEC’s surprise output reduction has wrong-footed short-sellers.
Production cuts of 1.2 million barrels a day agreed by Opec and its allies fall short of what was needed to rebalance the market, an analyst has said.
An Orkney company is aiming to create a global first with a £1.5 million project to develop a new submersible drilling rig for use in the offshore renewable energy sector.
Island firms scooped a clutch of accolades at the Scottish Green Energy Awards on Thursday night.
An award-winning Invergordon-based firm fell into administration yesterday, putting nearly 50 workers out of work.
Shadow Chancellor John McDonnell yesterday said he would produce a tax regime that supports the oil and gas industry if Labour wins power at a general election.
Aberdeen Renewable Energy Group (AREG) membership has swelled amid the launch big north-east renewable energy projects , most notably Aberdeen's European Offshore Wind Deployment Centre (EOWDC).