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Sir Ian Wood has accused the UK and Scottish governments of pursuing “economically damaging” policies that are harming the energy sector.
A former BP chief executive has called on government to stop 'demonising' the oil and gas sector as it seeks to raise $4trillion to invest in the energy transition.
MPs have been warned there is a risk investors may “withdraw” from the Acorn carbon capture and storage (CCS) project in Aberdeenshire as timeline delays continue to rumble on.
New North Sea gas fields could be brought into production within as little as 18 months after the government secured bids for a series of new licences.
Westhill subsea equipment supplier Ashtead Technology has said its annual revenue will be up about 30% to £72.5million.
Cala Group has reported revenue of £1.36billion, a 9% increase on 2021, and anticipates pre-tax profit of circa £169million, up 27% year-on-year.
Saudi Arabia is today reported to be investing in a ground-breaking British plan to beam solar power generated in space to a base in the North Sea to provide a round-the-clock supply of renewable energy.
Businesses are being invited to join Aberdeen Football Club for an exclusive hospitality taster session at Pittodrie Stadium next week.
The introduction of two new windfall taxes – or Energy Profits Levies – have sent investor confidence to an all-time low, putting at risk the vital work government and industry must do to bolster energy security and deliver the net zero transition.
Total Energies has revealed it will book a $1billion hit from the North Sea windfall tax.
High Street stationery chain Paperchase has lined up administrators and put itself up for sale.