Energy

US oil company Apache has announced its intention to cease oil production in the UK North Sea by 2030. The decision comes as a direct response to the UK government's increased windfall tax on energy producers, which Apache deems makes continued investment in the region uneconomical.

As we approach the Autumn Budget, the energy sector faces significant challenges, and the stakes for the North Sea industry have never been higher, writes Mark Brown. Recent developments surrounding the UK government's fiscal policies, particularly the Energy Profits Levy (EPL), have stirred deep co

Three UK companies innovating green hydrogen, including one in Scotland, have been given a funding boost after winning the Net Zero Technology Centre’s (NZTC) 2024 Electrolyser funding competition. Efficient electrolysers are key to cost-effective and large-scale green hydrogen production

Renewable energy firm ScottishPower and Santander UK have partnered to make adopting energy efficient technology in UK homes more affordable.

Great British Energy is to be headquartered in Aberdeen, with two smaller sites in Edinburgh and Glasgow, the UK government has confirmed.

Almost a third of UK middle market businesses don’t yet have a sustainability plan or strategy in place – highlighting a worrying lack of formal commitment despite the new government’s pledge to deliver clean energy with the establishment of GB Energy in Aberdeen, according to RSM

Scottish renewable energy projects with a joint capacity to generate almost 2GW of clean electricity have today won contracts in a vital UK auction.

Norwegian oil company Neo Energy has announced a significant slowdown in investment across its portfolio, including the Buchan Horst oilfield in the North Sea. The project's joint venture partners are Serica Energy and Jersey Oil & Gas, owning 30% and 20% respectively.

The UK government’s proposed fiscal policy would generate a loss in economic value of around £13 billion compared to the economic contribution generated under the current windfall tax regime, according to Offshore Energies UK (OEUK). The energy trade body has released

GB Energy, the UK's new publicly-owned clean energy company, has begun advertising jobs based in Aberdeen, raising hopes that the city will be chosen as its headquarters.

Inverness-headquartered Aurora Energy Services has announced its expansion into South America with the acquisition of a Chilean wind energy services business. Aurora has acquired the Latin American assets of Altitec Blade Services, which is a separate entity from the parent group acquired in Februar

Glacier Energy, provider of products, services, and engineered solutions for renewable and conventional energy markets, has acquired fabrication business Francis Brown. Established in 1903, Francis Brown is a manufacturer of pressure vessels and structural fabrications. The move strengthens and broa

The Scottish Government is providing over £7 million across Aberdeen City Council, Aberdeenshire Council, The Highland Council, Moray Council and Dundee City Council to encourage greater private investment in the electric vehicle (EV) charging network. In line with the Scottish Government&rsqu

The Intelligent Land Investments (ILI) Group has submitted a Section 36 planning application to the Scottish Government for its 1.5GW Balliemeanoch pumped storage hydro project in Argyll and Bute. The initiative will boost the UK’s renewable energy capacity and supply electricity to 4.5 millio

CMS is to host a free-to-attend event focused on one of the key challenges facing the UK renewable energy industry – how to solve the issue of grid connections. The seminar, being held in Aberdeen on 19 June, includes contributions from Calum Watt, grid technical authority at Flotation Energy,