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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 ...
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 ...
The majority of licences awarded in Tranche 3 of the 33rd NSTA Licensing Round are mainly focused on gas extraction and are located in the Southern North Sea. The NSTA awarded licences to ...
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 ...
Octopus chief executive Greg Jackson spoke in an exclusive interview on the sidelines of the Innovation Zero congress on Wednesday about the costs and benefits of zonal pricing.
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 ...
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 ...
Much has been said about the “size of the prize” for the supply chain from ambitious plans to install hundreds of vast wind turbines bobbing in the North Sea. Offshore Wind Scotland estimates ...
Hunting (LON:HTG), the oil and gas supplier, has announced it will undergo a restructuring that threatens the jobs of 200 people across the UK. It is understood that the firm employs around 200 ...
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 ...
Jo Bamford-owned hydrogen network to cut costs by 40% Investor Jo Bamford, a member of the billionaire family that owns JCB, wants to create an integrated hydrogen distribution network.