The administrator appointed to Burntisland Fabrications (BiFab) has said no redundancies are planned at this stage.
With talk of hydrogen-powered breakfasts as well as trains, ships and planes – have we reached a tipping point where this could become a reality?
Industry chiefs today urged governments to start delivering their net-zero objectives at pace and provide the investment frameworks needed to kick-start projects.
Leading voices from the world of industry will get to grips with the energy transition’s biggest questions at a free online event in one week’s time.
Deloitte UK’s Renewables Leader says there is lots to do for companies to hit their ambitious net zero targets.
Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte LLP.
The transition towards a clean energy future has begun. Following on governments’ footsteps, many leading energy companies are publicly announcing their commitments for 2050. These commitments include targets to reduce greenhouse gas emissions, lower environmental impact and mitigate climate-related risks associated with their business activities. While these targets are for the long term, most companies have started to develop and execute near-term action plans to ensure they progress toward their stated goals. At the same time, they are assessing the risks and opportunities arising from their plans and seek to understand the impacts on their operations and markets.
World leaders were due to convene in Glasgow for the UN Climate Conference (COP26) in November for what was anticipated to be a transformational moment in the energy transition.
Two senior tax professionals have joined the Scottish tax team at EY in the latest announcement of growth and investment by the professional services firm.
‘Clarity’ for North Sea supply chain vital to achieve energy transition targets, Aker Solutions chief says
The UK head of Aker Solutions has called for more “clarity” over how North Sea supply chain firms will fit into the energy transition.
North-east businesses should rely on their resilience and expertise to help them through the coronavirus pandemic, a leading Scottish economist said yesterday.
Some of the UK’s top economists are to address the challenges posed by the coronavirus pandemic in the Press and Journal’s first digital business breakfast tomorrow.
Coronavirus has put an unimaginable strain, not just on the national economy but on industries across the world.
A number of North Sea-focused industry groups have announced they will collaborate on a survey designed to assess the pace of digitalisation growth across the sector.
The LNG industry in Mozambique will have a transformative impact on the country’s economy – and establish it as a regional gas hub, participants on an Africa Oil Week webinar have said.
One of Scotland’s top economists has said the Covid-19 crisis may usher in a “window of opportunity” to support the north-east energy transition.
A senior audit and assurance partner at Deloitte said the downturn could be a “catalyst” for change, but oil firms are first taking steps to survive the “uncharted waters”.
A price war between two of the world’s biggest oil producers has sparked one of the worst crude routs in decades, putting companies under “huge pressure” and threatening “brutal” cost cuts.
Remote operations will “change the oilfield services (OFS) world” according to Chris Jones, vice president for OFS in Europe at Baker Hughes.
Oilfield service giants will need to chart a new path if they wish to remain industry top dogs during the energy transition, according to the director of a global investment firm.
Oil and gas firms will still look to invest in hydrogen and carbon capture, usage and storage (CCUS) technology despite no government subsidy due to climate change "pressure", according to Deloitte partner Daniel Grosvenor.
A power and energy storage expert at Deloitte has been announced as the second speaker to address the P&J’s business breakfast on mergers and acquisitions (M&A) next month.
Experienced due diligence expert and partner at big four firm Deloitte, Shaun Reynolds, will chair a discussion on Mergers and Acquisitions (M&A) at a P&J business breakfast next month.
One of the north-east’s top deal makers will address the future of the region’s mergers and acquisitions market at a P&J event next month.
A dip in collaboration and some cases of a lack of trust between oil firms should be a “wake up call” to the industry, according to the head of the Oil and Gas Authority (OGA).