Neptune Energy CEO Pete Jones has warned that the UK’s windfall tax on oil and gas profits will threaten long-term investment in the sector, but have limited impact on the firm itself.
Neptune Energy has joined the Aiming for Zero Methane Emissions Initiative, a project to cut emissions of the climate-warming gas to “near zero” by 2030.
North Sea operator Neptune Energy almost quadrupled its quarterly takings year-on-year, driven by a resurgence in oil and gas.
Neptune Energy has confirmed plans to commit $100 million (£76m) to the Isabella appraisal well later this year, as the UK’s new Energy Security Strategy sets the course for continued North Sea production.
Neptune Energy has announced that its VP operations for Europe, Pete Jones, will take on the role of CEO following the retirement of Jim House.
The UK boss of Neptune Energy’s UK business has been appointed to head up the firm’s European operations.
Neptune Energy’s North Sea boss said yesterday he is excited by "growth potential” in the UK, with plans for new exploration to boost its projects.
Just because a prized footballer hasn’t been put on the transfer list, it doesn’t mean a rival club can’t put in a cheeky bid.