Main Menu

Energy

Monday Update

Daily Business Live: Carluccio’s; EY quits audit; easyJet

Edinburgh airport Easyjet
4.45pm: Markets After spending most of the session in the red, the FTSE 100 managed to end the day in positive territory, closing at 5,563.74 +53.41 (0.97%). 2pm: Carluccio’s in administration RestaurantRead More

Subsidy change helps

Scotland on course for 100% green consumption

Whitelee wind farm
Onshore wind was locked out of the energy market Scotland remains on course to achieve all of its electricity consumption from renewables aided by the recent lifting of a banRead More

Thursday update

Daily Business Live: Dow Jones in new surge; STV update

Traders on Wall St (pic: NYSE)
10pm: Markets Wall Street shrugged off dismal jobs figures to mark its strongest three days since 1931. The Dow Jones closed at 22,552.17, up 1,351.62 points (6.38%)., That was 21% up onRead More

Monday update

Daily Business Live: Salmond cleared; markets crash; ITV; Asco;

ITV
5pm: Nucleus Edinburgh financial wrap platform Nucleus has postponed its annual results due out tomorrow. Full story here 4.45pm: Markets The Federal Reserve’s commitment to unlimited purchases of US TreasuriesRead More

More cuts expected

Enquest halts rig work as oil sector issues ‘paper thin’ alert

Enquest Heather
Enquest is instigating cost cutting measures Oil E&P company Enquest said it will not re-start production at the Heather and Thistle/Deveron fields as the sector copes with a downturn inflatedRead More

Markets: FTSE falls 8%

Wall Street halts trading as oil falls by a third in price war

Maersk oil field
Biggest fall in prices since Gulf War Trading on the New York Stock Exchange was halted briefly after stocks crashed by 2,000 points as global coronavirus fears and an oilRead More

Projects to go ahead

Onshore wind projects to pick up speed after ban lifted

SSEs-Gordonbush-wind-farm-in-Highlands
SSEs Gordonbush wind farm in the Highlands Onshore wind farms are expected to power ahead after the UK government lifted a ban on supporting development imposed four years ago. DavidRead More

Scots firm acquired

Enpro Subsea sold to Hunting in $33m deal

Enpro
Enpro subsea directors Craig McDonald, Ian Donald, Steve Robb, Neil Rogerson and Tom Bryce Enpro Subsea, whose production technology has been adopted by global oil and gas firms, has beenRead More

Green targets set

BP boss outlines plan to achieve zero carbon emissions

BP
BP needs to change, said its new CEO Oil giant BP’s new boss Bernard Looney has set out how he believes the company can achieve zero carbon emissions by 2050Read More

Energy venture

Vattenfall to power Shawfair in low carbon deal with Midlothian

Shawfair town centre
The Shawfair new town will be powered by Vattenfall Energy firm Vattenfall has formed a 50-50 joint venture with Midlothian Council to drive the shift towards low carbon living inRead More