Realising the great energy dream Norway style
"Make it an epoch – not an episode!"
oil and gas
Supreme Court overturns oil well approval in landmark downstream emissions case
The Supreme Court's decision in the Finch case could have implications for North Sea oil and gas firms including Shell and Equinor.
Democrats send Big Oil investigation to US Justice Department
Democrats are asking the US Department of Justice to investigate major oil companies and their trade groups following a congressional probe that concluded the industry spent decades deceiving the public about climate change.
SNP signals re-think to ban on future oil and gas exploration
Net Zero Secretary Mairi McAllan said the SNP will take a "more nuanced" approach than Labour who want to ban future exploration.
Harbour Energy’s Wintershall Dea takeover ‘on track’ for Q4 completion
Independent North Sea operator Harbour Energy said its planned takeover of German rival Wintershall Dea is "on track" for completion in the fourth quarter of this year.
Have oil and gas firms lost the ability to innovate in a green energy world?
Most of what we do, most of what we own and even where and how we live and work is in one way or another a result of the development of the oil and gas industry.
NSTA reveals winners of latest North Sea licensing round
The third tranche of the 33rd offshore licensing round sees 19 companies awarded North Sea licences
Two thirds of global university energy degrees still focused on fossil fuels
More than two thirds of university energy degrees worldwide remain focused on the fossil fuel industry rather than renewables, according to a new study.
World’s oil and gas firms linked to 40% of CO2 emissions since 2016
A new report has revealed the world's oil and gas firms have contributed to more than 40% of global carbon dioxide (CO2) emissions since the Paris climate agreements.
CCUS throws up decommissioning tax ‘grey area’
Repurposing of North Sea oil and gas assets for Carbon Capture Utilisation and Storage (CCUS) is starting to happen, and it’s throwing up a tax quandary for the sector’s decommissioning space.
UK energy production reaches lowest level on record
Domestic energy production in the UK has reached the lowest level since records began in 1948.
Offshore services provider Acteon Group acquired by private equity
Acteon Group maintains a significant presence in Aberdeen across several firms.
Industry points to Tier 1 contractors as delayed payment culprits
A major industry report has placed the brunt of blame for delayed payments in the North Sea upon Tier 1 contractor companies.
Scottish renewable energy jobs grew 70%, research suggests
Analysis from Global Witness shows Scotland’s renewable energy jobs grew 70% between 2015 and 2022, according to latest Office of National Statistics (ONS) estimates.
‘Systemic lack of trust’ between oil and gas firms sharing projects
Non-operated stakes in oil and gas projects are on the rise, but a review of the system has highlighted a “systemic lack of trust” between partners.
Aberdeen workers £45,000 worse-off due to stagnating pay packets: research
Research delivers warning to diversify to Europe's oil capital.
Dealmakers’ view: What impact will the general election have on UK energy investment?
Upstream oil and gas is the main segment of the UK offshore energy industry likely to be impacted by uncertainty of a general election, top dealmakers have said.
‘Normalised’ salaries could be future for offshore wind workforce
More sociable hours for offshore workers may mean a different rewards structure compared to the oil and gas industry.
What’s happening with the oil and gas skills passport?
Backed with up to £5m from the Scottish Government, the delayed skills passport is not expected until well into the new year.
Decommissioning oil and gas ‘megastructures’ set to clash with offshore wind
OEUK decommissioning report highlights supply chain crunch between wind installation and removing oil and gas platforms.
Decom Mission targeting greater project visibility amid sector challenges
The decommissioning sector is facing a myriad of challenges including inflationary pressures, skills shortages and a lack of project visibility according to Decom Mission, the Aberdeen-based trade body representing the industry.
Aberdeen community leaders want identity beyond oil and gas
While Rishi Sunak sets out plans to maximise oil and gas, north-east community groups and campaigners in the north-east are keen to make sure there is life after fossil fuels for the region.
Sunak toned down North Sea oil and gas plans after legal advice
As well as potentially violating international law, officials advised Sunak's office that increasing North Sea extraction would increase carbon emissions.
Global Underwater Hub report finds supply chain capability high, lack of project visibility threatening confidence
A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.
Fitness company targets unique challenges faced by offshore workers
New fitness company Offshore Fitness is aiming to help industry workers overcome the challenges they face staying active on the job.