An Aberdeen-headquartered company has successfully dismissed a £37m legal challenge around a major North Sea pipeline system.
Investors who want to reduce their environmental footprints are in a “real quandary” because oil and gas still offers better returns than renewables, an analyst has said.
Don’t know about you but my patience with certain politicians, the oil and gas industry and indeed a few entire countries is running just a tad thin nowadays. Why? Because I am not seeing the progress in dealing with climate change that I should be seeing.
Microsoft Corp. unveiled plans to invest $1 billion to back companies and organizations working on technologies to remove or reduce carbon from the earth’s atmosphere, saying efforts to merely emit less carbon aren’t enough to prevent catastrophic climate change.
Larry Fink struck an urgent note in his annual letter to America’s corporate executives: Climate change will upend global finance sooner than they might think.
Here’s the latest indicator of how hungry investors are to profit from clean energy: BlackRock just raised $1 billion for wind, solar and battery-storage projects.
Private-equity firm Antin Infrastructure Partners has agreed to sell North Sea pipeline and terminal owner Kellas Midstream, headquartered in Aberdeen.
Simulator training to prepare crews for the specific drilling conditions at Blackrock off Shetland has proved so successful it is being rolled out across other projects.
The design for the Cambo field, west of Shetland, will take some of the sting out of a problem that has “held back” production from the area for decades, an oil company chief said.
BlackRock, the worlds largest investment fund management firm, is putting £5.3 trillion in assets at 'serious financial risk' through continued investment in the oil and gas sector, a new report has claimed.
The Abu Dhabi National Oil Company (Adnoc) has entered into a pipeline infrastructure investment pact with GIC, Singapore’s sovereign wealth fund.
General Electric Co. agreed to sell a majority stake in a solar-energy business to BlackRock Inc., giving the investment giant footing in a growing market as the ailing manufacturer shifts its focus elsewhere.
Siccar Point’s Blackrock well west of Shetland is understood to have been non-commercial.
Private equity-backed oil and gas exploration firm Siccar Point last night described the result of drilling at its Blackrock exploration well as "very encouraging".
Westwood Global Energy reports that at the end of April, three exploration wells were active, with two in the West of Shetlands and one in the Central North Sea.
Siccar Point Energy has kicked off its 2019 drilling campaign with the spudding of an exploration well at the Blackrock prospect west of Shetland (WoS).
KKR & Co. and BlackRock Inc. agreed to invest $4 billion in Abu Dhabi’s oil pipelines, securing two decades of guaranteed returns and providing the Middle Eastern energy producer a cash injection to help diversify its economy.
Oil giant BP has today announced the appointment of Helge Lund and Pamela Daley as new non-executive directors.
BP invested solar company Lightsource BP has announced an additional 57 megawatts of generation capacity, giving the firm the ability to power two million homes.
Five years ago, Daniel Rice III was asked to step down from a lucrative position at BlackRock because of the side business he’d created with his sons. That business just sold for $6.7billion.
The Sikorsky S92 Irish Coast Guard helicopter that crashed into the Atlantic a week ago struck rocks on an island, investigators have said.
A former fund manager has pleaded guilty to two counts of insider trading at a London court.
he world’s largest money manager says that the worst commodity selloff in a generation still has room to run.
Halliburton has signed a joint venture with BlackRock for $500million to help fund drilling of existing shale wells in the US. The decision is the first such move by a major oilfield services provider at a time when oil producers have been shying away from drilling new wells. Halliburton has said it expects to see an “uptick” in activity – including refracking – later this year and a meaningful recovery in 2016.