The company behind a proposed windfarm off the Aberdeen coast has announced plans to axe projects and cut 2,500 jobs.
At the helm of Westhill-based Taqa Bratani, Leo Koot has been able to chalk up some significant achievements.
Scottish oil explorer Cairn Energy said yesterday it had raised more than £560million by selling a further 8% stake in Cairn India, which it previously owned.
Barclays shares rose 3% today as chairman Marcus Agius's decision to step down in the wake of the rate-rigging scandal was backed by investors.
Aberdeen-based energy service business Wood Group said yesterday it was not in takeover talks.
UK-BASED oil explorer Heritage Oil said yesterday it had agreed to merge with Genel Energy International, part of Turkey's Cukurova Group, to create an oil producer focused on Kurdistan in northern Iraq.