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Energy

Waiting for decarbon plan to be revived

SSE cuts earnings forecast after ruling on green subsidy

Ferrybridge (SSE)
The scheme was designed to tackle carbon emissions (pic: SSE)   Energy giant SSE has downgraded its annual earnings forecast following a European court ruling against UK government support forRead More

Deal with private equity firms

Total lining up £1bn sale of North Sea gas field stake

Total at Laggan
Two private equity firms are expected to acquire a stake in the giant Laggan-Tormore gas field in a £1 billion deal with French operator Total. The sale to Albion EnergyRead More

Stakes offloaded

SSE sells two Scottish wind farms to Greencoat for £635m

SSE advertising
Energy firm SSE is selling a 49.9% stake in its Stronelairg and Dunmaglass wind farms in a £635 million deal to Greencoat UK Wind in partnership with a major UK pensionRead More

'Another great success'

North Sea gas discovery could be biggest for 11 years

Maersk oil field
Total bought Maersk to consolidate its presence in the North Sea   A gas discovery in the North Sea has been estimated to have reserves of nearly 250 million barrelsRead More

Report predicts rebound

North Sea poised for recovery says Wood Mackenzie

BP Clair Ridge
Soaring to new heights: BP’ Clair Ridge   Oil exploration in the North Sea is poised for a recovery with more drilling and acquisitions this year, driven by privately-owned companies,Read More

Warning of high expectations

MSPs question viability of state-owned energy company

Electricity bill
Will a state-owned company offer cheaper electricity?   MSPs are questioning how the Scottish government plans to build a viable customer base for its publicly-owned energy company in what isRead More

Free power Christmas present

Early payback for backers of fledgling Scots energy firm

Karin Sode
Karin Sode: ‘People are fed up with being taken for a ride’   Customers who funded one of Britain’s smallest gas and electricity suppliers will enjoy an early Christmas presentRead More

Giant project goes ahead

Re-designed Forth wind farm secures permission

Matthias Haag
EDF Renewables UK has received consent from the Scottish Government for an improved design for the Neart na Gaoithe (NnG) offshore wind farm in the Forth Estuary.  The updated consent willRead More

Survey points to higher confidence

Oil and gas sector recovers its appetite for recruitment

Maersk oil field
Workforce recruitment is on the rise among oil and gas contractors in the UK Continental Shelf (UKCS) as business confidence reaches its highest level since 2013, according to an industryRead More

Boost for Highlands

Port of Cromarty Firth invests record £30m in quay expansion

Port of Cromarty Firth
Port of Cromarty Firth: ‘strong position’   A record £30 million investment in a new quayside expansion will boost Port of Cromarty Firth’s energy and tourism facilities. The project will generateRead More