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Energy

Hydrogen project

Logan secures £1m for joint venture with Chinese partner

Bill Ireland: ‘This demonstrates our standing in the industry’ Clean energy solutions provider, Logan Energy, has secured a £1 million investment to develop its hydrogen technology capabilities in the Chinese market. The funding from KelvinRead More

Project under way

Beachcombing WaveWalker seeks firm footing for wind farm

wavewalker
Walk this way: Colin Mulvey, project manager, and Matthias Haag viewing the WaveWalker Visitors to Thorntonloch Beach in East Lothian may have noticed an unusual beach comber walking the shoreline.Read More

Oil deals

Premier in $871 million swoop on North Sea assets

Tony Durrant: deals in line with stated strategy Premier Oil has unveiled three acquisitions in the North Sea worth $871m as it seeks to consolidate assets in the region. ItRead More

1m customers hit

Energy firms ordered to pay out £10.5m for power cut

Engineer working on power lines
Outages hit homes and commuters Three energy companies have been ordered to pay £10.5 million into a compensation fund after more than one million people were left without power. OutagesRead More

Renewables deal

Greencoat buys Scots wind farm developments for £104m

Whitelee wind farm
Windfarms like this one at Whitelee are due in Dumfries & Galloway Greencoat UK Wind has acquired two proposed wind farms in Scotland in a deal worth £104 million. TheRead More

More equity released

Tidal energy firm Nova extends offer after flow of support

Nova Innovation tidal power in Shetland
Pioneering: the company is harnessing sea power A tidal energy company is releasing more equity after hundreds of supporters contributed more than £700,000 to a crowdfund campaign. More than 900Read More

Power merger cleared

Competition watchdog clears Ovo to acquire SSE Energy Services

electricity
Switched on: a lengthy probe has been avoided The Competition and Markets Authority has decided not to refer the acquisition by OVO Group of SSE Energy Services Group. In September Ovo announced theRead More

Energy blow

Job cuts loom as nPower plans major restructuring

gas, Ofgem, price caps
Npower and SSE had planned a merger of gas and electricity services Thousands of jobs are are at risk after energy giant Npower announced plans to restructure its UK business.Read More

Market debut

Ex-Faroe team’s Longboat floats with £10m valuation

Graham Stewart
Graham Stewart: ‘delivering value’ A new North Sea exportation and production firm created by the former boss of Faroe Petroleum debuted on the London Stock Exchange’s junior market yesterday. TheRead More

Diversification plans

Oil and gas firms more inclined to pursue green projects

BP Clair Ridge
Oil and gas industry is changing An increasing number of North Sea oil and gas firms are looking to diversify into renewables and decommissioning, according to a new survey. ARead More