Friday, 19 June 2015

Opinion: Where next for UK and Scottish onshore wind power?

The announcement by Energy Secretary Amber Rudd to close the renewables obligation (RO) for onshore wind-power generation has undermined a central plank of UK energy policy. One of the key...

Aker Soultions and Baker Hughes aim to improve field economics

Aker Solutions and Baker Hughes agreed today to co-operate on early-phase studies to help customers improve the overall economics and value of oil and gas field developments.

Nuclear test risks blowing the lid off UK's plan to keep lights on

Builders of the UK's first nuclear plant in two decades are about to take a vital component and break it.

The 110-tonne spherical steel lid was destined to sit atop EDF Energy's...

Judge grants access to Super Puma black box data

A judge has granted a bid by Scotland's senior law officer to get access to black box data from a crashed helicopter which claimed the lives of four offshore workers. The Lord Advocate, Frank...

Total sells its interest in the Schwedt refinery to Rosneft

France's Total has signed an agreement to sell its 16.67% stake in the Schwedt refinery in north-east Germany to Russian oil and gas giant Rosneft, which already holds indirectly an 18.75%...

Oil poised for second weekly gain as US supply counters Saudi output

Oil prices are on track for a second weekly advance as an easing surplus counters Saudi Arabia’s announcement that it is ready to boost production.Saudi...

Roxi confirms receipt of first cash from Galaz asset sale

Alternative-market-listed Roxi Petroleum, the central Asian oil and gas company with a focus on Kazakhstan, said today it had received the first $10.4million (£6.5million) from the...

The Journey: Balmoral's Jimmy Milne

If there’s one thing Jimmy Milne has mastered during his 50 years in business it’s how to bounce back. The serial entrepreneur has made and lost fortunes more times than he would like to admit....