News

The Moray East offshore wind farm near Fraserburgh is generating an annual spend of more than £100 million, according to a new study.
Wood has secured a contract from Emirati chemicals company TA’ZIZ to provide PMC to develop the UAE’s first methanol production facility.
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The UK has been producing oil and gas for half a century. And despite some thinking that BP kicked things off in the North Sea, it was an obscure North American exploration company that first got ...
Japanese firm Sumitomo Electric held a ground breaking ceremony for its £350 million subsea cable factory on the Cromarty Firth after it was named as a Sumitomo Electric begins construction of a ...
Battery units arrive at Statkraft’s Thornton Greener Grid Park in West Yorkshire. Elsewhere, Aurora said while Italy, Great Britain and Germany are attractive due to the large levels of ...
The competition is part of a UK government goal to deliver 24 GW of nuclear capacity and revive British capability in the sector. With communities in northern England and Wales on the cusp of ...
Energy sector and industrial firms react to £2bn HyNet carbon capture confirmation While the energy sector welcomed confirmation of HyNet, the backers of the Acorn CCS project warned Scotland ...
The first wave of redundancies has been announced to workers at Grangemouth as Petroineos closes down Scotland’s only oil refinery. The firm is set to cut 400 jobs at the site over the next ...
Chancellor Rachel Reeves has set out plans to remove the “unjustifiably generous investment allowances” oil and gas firms receive through the energy profits levy. Labour has stuck to its guns ...
Aerial view of Sizewell C plans. By contrast to the Sizewell C RAB method of financing, Hinkley Point is financed through a contract-for-difference (CfD) scheme. The project secured a fixed price ...
NEP’s CCS project in Teesside. The permit kicks off the start of “execution phase” ahead of first commercial operations from 2027 and start-up of CO2 injection, expected in 2028. The grant ...