Shell has signed an agreement to take on a majority stake in a planned floating wind farm off the south coast of Ireland.
S&P Global Ratings has downgraded its outlook for a number of energy majors, driven by concerns around the energy transition and pressure on profitability.
BP, Shell, and Acciona are amongst major players who have launched green hydrogen projects of varying sizes, with the technology proving to be an effective net zero solution. The challenge is, however, how can we produce hydrogen at scale?
Total SE has had the fastest start in the race between oil supermajors to achieve net zero carbon emissions.
Shell has agreed to buy Ubitricity, which operates the largest electric vehicle public charging network in the UK, expanding its investments in the transition into cleaner fuels.
Elon Musk has said he’s putting $100million up for grabs to the best carbon capture and storage (CCS) tech – and Scottish firms are being told to go for it.
Oil and gas firm Neo Energy has entered into exclusive negotiations over the purchase of ExxonMobil's UK central and northern North Sea portfolio.
US oilfield equipment and service firm Weatherford dealt another painful blow to the Aberdeen oil industry yesterday by confirming plans to shut down its manufacturing facilities in the city.
Scottish oil and gas firm Cairn Energy said today that its partners’ North Sea Catcher and Kraken fields were expected to “enter their natural decline phase” this year.
After a truly challenging 2020, hopefully 2021 will offer something to look forward to.
Big businesses have been told to pay small suppliers within 30 days as the Government strengthened the Prompt Payment Code.
Shell Nigeria Gas (SNG) has signed a deal to provide gas to industrial and manufacturing companies in Lagos and Ogun states.
Shell Petroleum Development Co. (SPDC) has sold its 30% stake in OML 17 to TNOG Oil and Gas, for $533 million.
Nigerian authorities moved to seize assets belonging to one of the nation’s largest banks to recoup damages owed by Royal Dutch Shell Plc to a local community over a decades-long dispute.
US fund managers are still lagging behind their European peers in putting pressure on companies and ensuring their investments align with climate change targets, a new report has claimed.
An oil and gas market researcher has highlighted a UK North Sea exploration well expected to be drilled this year by Shell as “one to watch”.
Shell is planning 330 job cuts from its UK oil and gas business, the majority in Aberdeen, as part of its global restructuring.
Business intelligence company, Offshore Network, are next month hosting the Upstream Digital Transformation Conference, a digitalisation event, but not one that’s looking at technology. Instead the event focuses on the ‘people’ aspects of digital transformation, with sessions including discussions on culture change, skills and collaboration.
Tema LNG's floating regasification unit (FRU) has arrived in Ghana.
North Sea firms ranging from BP to Hurricane Energy have enjoyed share price hikes after a deal was reached by OPEC to curb oil production.
Shell has postponed a 3D seismic survey in the UK North Sea after weighing up the impacts on fishing businesses and the environment.
A Scottish decarbonisation group has been successful in its bid to secure more than a million pounds to draw up an industrial emissions reduction roadmap.
Shell will lay off 700 workers after closing its Convent refinery in Louisiana, part of a company effort to reduce carbon emissions.
A group led by Total has signed up to explore an offshore block in Egypt’s Herodotus Basin, in the Mediterranean Sea.
With Myanmar’s general elections in the rearview mirror, upstream development expenditure could more than double to over $1 billion by 2023 compared to this year’s spend.