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Energy

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

Energy company in rescue talks

Ovo poised to acquire Spark Energy Supply as regulator acts

Chris Gauld
Chris Gauld: rising costs hammering sector   Ovo Energy has made a conditional offer to buy Spark Energy and take on its near 300,000 customers after the Borders-based company’s supplyRead More

As Tay Cities Deal is signed

Moonraker investment to create 500 engineering jobs

Moonraker vessel
Lofty ambitions: work on the vessel will come to Dundee   A company aiming to establish a leading role in the oil and gas decommissioning sector is promising 500 jobsRead More

Chairman says figures 'regrettable'

SSE profits plunge as renewable energy division created

SSE will bring together its renewables assets in one division   Scottish energy giant SSE has reported a 41% plunge in half-year profits as it announced another reshuffle of itsRead More

Markets

Oil price up, sterling down – and Brown demands new Brexit vote

Gordon Brown
Gordon Brown: believes there should be a second Brexit vote   Oil prices rose after Saudi Arabia said it would cut output by 500,000 barrels a day and by twiceRead More