An Aberdeen engineering firm has expanded its team after obtaining substantial backing from a Malaysian energy services group earlier this year.
A new fund designed to support local regeneration and drive green recovery around Scotland’s coast post Covid-19 has been launched.
Saipem has confirmed it will “considerably” downsize its investment plans after posting pre-tax and interest losses of £644 million for the first half of this year.
An “unprecedented” level of investment will be needed in the coming years to ensure countries can meet the requirements set out in the Paris Climate Agreement.
Around 1,500 jobs created with every gigawatt of clean energy installed in Scotland, trade body claims
Around 1,500 jobs are created with every gigawatt (GW) of renewable energy built in Scotland, according to a new figures.
There is little doubt the first quarter of 2020 will go down in investment history as a “notable” period that investors will remember – alongside others such as 1987’s Black Monday, when US markets fell by more than 20% in one day and the global financial crisis of 2008-9.
The Crown Estate Scotland has announced it will use a multi-million investment to increase the scale of commercial offshore wind leasing in the North Sea.
Sainsbury's plans to invest £1 billion towards making its operations "net zero" by 2040 - a decade earlier than the UK's legal goal - it has announced.
The number of jobs in Scotland either created or safeguarded through foreign direct investment (FDI) has risen in the past year, according to new analysis.
Some of the most powerful people in Norway’s vast oil industry are increasingly worried about what they see as a lack of nuance in the criticism of fossil fuels.
Scottish business activity has fallen by 9% over the last three months against a backdrop of rising costs, falling investment and continued uncertainty, according to new figures.
Medium-sized oil companies are finding it more difficult to secure investment as fund managers’ attitudes to fossil fuels worsen, an industry stalwart said.
Investors may soon be lining up to take advantage of opportunities in a growing north-east economy, council chiefs said yesterday.
To really understand what’s helping push oil prices toward $70 a barrel, just follow the money.
The boss at the Oil and Gas Authority (OGA) said yesterday that remarkable progress had been made to create an “investment friendly climate” in the North Sea.
The eyes of the oil and gas world will be firmly fixed on the Offshore Technology Conference in Houston next week and I’ll be going there with a simple message: if you want to invest, it’s time to put Aberdeen on your radar.
Norwegian companies will invest £14.4billion in oil and gas extraction and transport this year, a 1.9% increase on previous estimates, the country’s stats office said today.
A Norwegian lobby group has warned that the country’s oil and gas sector could be in for another two years of low investment, a news report said.
Private equity firm Energy Ventures said today that it "believes in the North Sea" after revealing plans to invest $200million (£160million) in the region.
Petroleo Brasileiro SA reduced investments by 25 percent and is accelerating asset disposals in its latest business plan as it downsizes to withstand low international oil prices amid Brazil’s deepest two-year recession on record.
BP has announced a £2.5 million cut in sponsorship to Britain’s leading cultural institutions.
Cancelling a £1 billion competition to develop technology to capture and store carbon emissions could push up the costs of meeting climate targets, Whitehall’s spending watchdog has warned.
Royal Dutch Shell said its spending plans will include a cash injection of around $4billion dollars for the North Sea.
Five energy projects have been shortlisted for this year's $7million Access Co-Development Facility (ACF).
Figures have shown investment in the oil and gas sector in Norway will continue to decrease in 2017 as the sector continues to adjust to a challenging market place.