Meanwhile, the location of a ‘world first’ floating wind hydrogen demonstrator project off Aberdeen may also be in doubt.
The US Supreme Court turned away oil-company appeals that sought a key procedural edge in about two dozen lawsuits blaming the industry for contributing to climate change.
ITM Power has secured a £9.3m government award to accelerate the commercial deployment and manufacture of its five megawatt (MW) ‘Gigastack’ platform for producing green hydrogen.
Worley has been awarded a front-end engineering and design (FEED) contract by VPI Immingham for a post-combustion carbon capture facility, as part of the Humber Zero project.
Wood, of Aberdeen, has been chosen to carry out work for a major decarbonisation project in England.
The recent publication of the timetable for the Scotwind leasing round that will start the next stage in the development of offshore wind in Scotland, shortly followed by the UK Prime Minister’s 10 Point Plan, has focused minds on what a green recovery really means for the communities and businesses north of the border.
Oil and gas firm Chrysaor is seeking permission to store carbon dioxide in a depleted southern North Sea gas reservoir.
A clear green hydrogen energy strategy is necessary if energy companies are to commit to investing in UK green hydrogen projects.
A consortium group led by Danish offshore wind giant Orsted has received a multi-million pound funding injection for an offshore wind-derived hydrogen project.
Houston's Phillips 66 is selling its 25 percent stake in the Bakken pipeline system, including the controversial Dakota Access pipeline, and more to its master limited partnership business for $1.7 billion.
Phillips 66 has handed Wood Group a five-year deal to carry out a range of services at its Sweeny refinery near Houston.
Shell and Phillips 66 have bought 6.4million barrels of oil collectively from the Strategic Petroleum Reserve.
Phillips 66 said it has reported a sharp fall in quarterly profit due to lower refining margins.
Republican Presidential candidate has been revealed to have a number of stock investments In energy companies.
Irving Oil has agreed to buy Ireland's only refinery from Phillips 66.
Phillips 66 posted a 61% drop in first-quarter earnings after profit margins for refining and chemicals production shrank.
Warren Buffett is said to be expanding his bet on the oil industry, despite the continued decline in oil price.
Phillips 66 has overhauled how it plans for earthquakes, a sign US energy companies are starting to react to rising seismicity around the world's largest crude hub in Cushing, Oklahoma.