News

Wood has pushed back the deadline for Sidara to make a final bid for its takeover of the company for a fourth time. The saga has lasted well over a year, with multiple twists and turns. It’s ...
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At no point in the UK’s energy transition does it return to being a net exporter of either oil or gas, whether outstanding resources are developed or new discoveries are made. As such ...
Long-duration energy storage (LDES) will be essential to reaching the UK’s 2030 clean-power ambitions according to regulators, with industry leaders advocating for a mix of technologies to reach ...
Oil and gas producer Ithaca has said it plans to launch a subsea construction campaign on the controversial North Sea field, Rosebank, next year and is also making plans to bring in a new partner ...
SSE cuts £3billion from its five year network investment plan The firm reported a £2.1bn profit for the year ending 31 March as it plans to cut up to 300 jobs from its renewables business.
In this week’s Charging Forward, Centrica has warned it could shut down its Rough offshore gas storage facility without UK government support. Meanwhile, Harmony Energy is in the midst of a ...
Shell has recorded a negative UK tax balance of $16.6 million (£12.5m) in 2024 after significant expenditure on the Brent Charlie decommissioning in the North Sea. The London-listed supermajor ...
The business confirmed that it would temporarily suspend listing and trading of its shares from 1 May, until it publishes the 2024 results. Sidara was in talks with Wood about a potential takeover ...
Aberdeen-based Exceed has secured a multi-million-pound contract to operate Viaro Energy’s recently obtained UK assets. Late last year, Viaro announced a takeover of Shell and Exxon’s joint ...
One of the biggest changes for developers waiting for a grid connection will be demonstrating they have secured land rights to keep their place in the queue. NESO's gate 2 process may create a new ...
Octopus boss Greg Jackson has dismissed concerns raised by offshore wind developers that zonal pricing could jeopardise investment in offshore wind, especially in the north.