Energy

Groundbreaking new technology capable of generating power without emitting carbon is set to be developed in Edinburgh, Aberdeen, and Durham, following a major investment deal. Middlesbrough-based H2CHP, a spin-out from Durham University, has secured a six-figure cash injection to advance its free-pi

SSEN Transmission has unveiled plans to deliver at least £22 billion in mission-critical grid infrastructure, supporting up to 17,500 jobs in Scotland and adding up to £7bn of value to the Scottish economy.

OEG Energy Group has moved into a new global HQ at The Stratus Building, ABZ Business Park in Dyce, following a seven-figure sum investment in a multi-year lease. This marks a significant milestone in the organisation’s 50-year journey, underscoring its deep commitment to its local roots while

Sulmara, a provider of innovative survey and inspection services to the offshore wind and energy markets, has secured an $18.9 million (c. £15m) investment from BGF. The Glasgow-headquartered business was founded in 2019 and has grown rapidly to more than $70m (c. £55.8m) annual revenue,

Grangemouth Refinery owner Petroineos has rejected a bid to buy the refinery from a UAE-based firm, Trading Stack DMCC, dismissing the offer as "not credible". The company, along with an unnamed US partner, claims to have the finances to make the refinery profitable and save 400 jobs.

Specialist manufacturing firm Rovtech, which is owned by Aberdeen-based climate tech venture studio Ventex, has appointed John Polson as it seeks to accelerate the global expansion of nuclear energy and offshore wind. The 30-year-old joins Rovtech from Aratellus, where he was director of projects an

US oil company Apache has announced its intention to cease oil production in the UK North Sea by 2030. The decision comes as a direct response to the UK government's increased windfall tax on energy producers, which Apache deems makes continued investment in the region uneconomical.

As we approach the Autumn Budget, the energy sector faces significant challenges, and the stakes for the North Sea industry have never been higher, writes Mark Brown. Recent developments surrounding the UK government's fiscal policies, particularly the Energy Profits Levy (EPL), have stirred deep co

Three UK companies innovating green hydrogen, including one in Scotland, have been given a funding boost after winning the Net Zero Technology Centre’s (NZTC) 2024 Electrolyser funding competition. Efficient electrolysers are key to cost-effective and large-scale green hydrogen production

Renewable energy firm ScottishPower and Santander UK have partnered to make adopting energy efficient technology in UK homes more affordable.

Great British Energy is to be headquartered in Aberdeen, with two smaller sites in Edinburgh and Glasgow, the UK government has confirmed.

Almost a third of UK middle market businesses don’t yet have a sustainability plan or strategy in place – highlighting a worrying lack of formal commitment despite the new government’s pledge to deliver clean energy with the establishment of GB Energy in Aberdeen, according to RSM

Scottish renewable energy projects with a joint capacity to generate almost 2GW of clean electricity have today won contracts in a vital UK auction.

Norwegian oil company Neo Energy has announced a significant slowdown in investment across its portfolio, including the Buchan Horst oilfield in the North Sea. The project's joint venture partners are Serica Energy and Jersey Oil & Gas, owning 30% and 20% respectively.

The UK government’s proposed fiscal policy would generate a loss in economic value of around £13 billion compared to the economic contribution generated under the current windfall tax regime, according to Offshore Energies UK (OEUK). The energy trade body has released