Shares of Aberdeen-based Faroe Petroleum, the independent oil and gas company, rose more than 5% after it announced an oil and gas discovery in the Faroe-operated…

The North Sea basin has a “two year transformation window” in which to ensure a strong, productive and profitable future for the oil and gas…

Almost all oil and gas operations in the UK North Sea are up for sale, according to an expert at Edinburgh-based global energy consultants Wood Mackenzie….

The UK Government’s Secretary of State for Scotland David Mundell on Wednesday travelled to Texas to build links with the US energy industry to help support the…

Unite, Scotland’s biggest union, has called for a cross-sector oil and gas summit to “plan for the industry’s survival and growth” after Shell announced it will…

BP said on Monday it has doubled its interest in the Maersk-operated $4.5 billion Culzean gas development in the UK central North Sea after acquiring an additional interest from JX…

Aberdeen-based energy services giant Wood  Group has won a five year $150 million contract extension from Nexen — extending a deal that has been in place since April…

Maersk Oil said on Thursday that fabrication of the billion dollar “topsides” for platforms on its $4.5 billion UK North Sea megaproject Culzean has begun….

Aberdeen-based oil and gas services giant Wood Group has been awarded a two year contract extension with TAQA in the North Sea. Under the contract,…

Royal Dutch Shell is considering the sale of some of its North Sea operations following its £35 billion takeover of rival oil and gas producer BG Group. Shell has…

Oil and gas giant BP is to cut its North Sea workforce by 20% by 2017 — about 600 jobs — as part of a global…

Grangemouth refinery operator Ineos said it has set up a new oil and gas subsidiary to hunt for opportunities as it completed the purchase of the North Sea natural…

The development of the largest new field discovered in the UK North Sea for 10 years has been approved by the UK Oil & Gas Authority….

French energy major Total has agreed to sell its interests in the FUKA and SIRGE gas pipelines in the North Sea and the St. Fergus Gas Terminal…

North Berwick in East Lothian has retained its title as the most expensive seaside location in Scotland to buy a home, according to the latest…

Aberdeen-based North Star said it has been awarded new contracts worth more than £100 million to support new and existing clients in the UK Continental…

The North Sea Transition Authority (NSTA) said a “huge” opportunity exists with “well interventions” to access oil and gas resources in a “more timely, clean,…

A masterplan to transform the Seafield district near Portobello in the north-east of Edinburgh into a new environmentally friendly 2,700-home neighbourhood has been published by…

The Scottish National Party (SNP) has lost 38 Westminster seats so far in the UK general election — amid a low turnout by voters —…

Edinburgh investment giant Baillie Gifford has announced two key appointments as part of plans to expand its North American business and its commitment to US…

Aberdeen-based North Star said it has secured further debt investment of up to £425 million to accelerate its ambition to become the leading player in Europe’s…

The UK government said on Monday it will grant more than 100 new oil and gas licences in the North Sea as part of efforts…

The UK Government’s windfall tax on North Sea oil and gas producers will not be applied if energy prices drop below certain levels for six…

International visitors spent £3.2 billion in Scotland last year, up 24% on 2019, according to the International Passenger Survey (IPS) tourism statistics for 2022 by…

The North Sea Transition Authority (NSTA) announced it has awarded 20 carbon storage licences, which it said could store up to 30m tonnes of CO2 a…

Equinor UK Limited said it has signed an agreement to acquire Suncor Energy UK Limited for $850 million. The transaction includes a non-operated interest in…

Aberdeen-based North Star said it has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks…

SSEN Transmission — the electricity transmission owner for the north of Scotland — welcomed Monday’s publication by National Grid Electricity System Operator (NGESO) of this…

Swiss private markets firm Partners Group has agreed to acquire Aberdeen-based North Star, the operator of specialized vessels for emergency response and essential offshore wind…

Aberdeen-based North Star Group said it has clinched the service operations vessel (SOV) contract to support the third phase of the SSE-led Dogger Bank Wind…

A new report from OGUK, which represents the UK’s offshore oil and gas industry, reports that global demand for gas will rise for the next…

The UK’s Oil and Gas Authority (OGA) has fined BP £50,000 and served it with a sanction notice for breaching a licence condition by “failing…

The UK government said on Wednesday it reached an agreement called the North Sea Transition Deal with the oil and gas industry that will help support 40,000 jobs…

Aberdeen-based North Star Renewables has been awarded contracts worth an estimated £270 million to deliver three service operation vessels (SOVs) to be used on what…

Edinburgh-based international oil and gas company Cairn Energy said on Tuesday it plans to sell its stakes in UK North Sea fields Catcher and Kraken…

Perth-based SSE Renewables and its 50-50 joint venture partner Equinor have reached financial close on the first two phases of what will be the world’s…

The number of workers on offshore oil and gas installations decreased by around 4,000 as the UK went into lockdown in March this year, official…

Chrysaor has agreed a reverse takeover of Premier Oil to create the UK North Sea’s largest oil and gas producer as the sector faces up…

Israel’s Delek Group said its Ithaca Energy subsidiary, which it plans to spin off in a London stock market listing, completed a deal to buy…

Grangemouth refinery operator Ineos confirmed on Sunday it is in talks with ConocoPhillips to acquire its assets in the North Sea — with industry analysts saying…

Scotland must have certainty about access to European research programmes after Brexit, Higher Education and Science Minister Richard Lochhead has said. The minister was speaking…

Souter Investments said on Monday it completed the sale of Dalgety Bay-based First Scottish Group, a firm of professional database searchers, to “a significant international private…

The UK Space Agency has selected the A’Mhoine Peninsula near Tongue in Sutherland on the north coast of Scotland for the first vertical launch site….

The Scottish government said overseas Scottish food and drink exports — led by Scotch Whisky — were worth approximately £6 billion in 2017, an increase…

Shares of Aberdeen-based global bus and rail giant FirstGroup fell more than 11% after it said in a trading update that its Greyhound long-haul business in the US…

BP has announced two new exploration discoveries in the North Sea that it said will help it double its production to 200,000 barrels a day by…

North Sea producer Premier Oil gave a positive update on progress at its flagship North Sea development, the Catcher field, 174 km off the coast of…

Grangemouth refinery operator Ineos said all restrictions on the flow of oil and gas from platforms feeding into its crucial North Sea Forties Pipeline System…

Shares of North Sea producer Premier Oil jumped 5% after it said it achieved first oil from the Catcher field, 174 km off the coast of Aberdeen….

UPDATE 2 — Oil and gas prices soared after Ineos said on Monday it will shut down its Forties Pipeline System, which delivers almost 40% of the…

The number of overseas visitors to Scotland rose 6% to 2.7 million in 2016 — and the amount those visitors spent rose 9% to £1.85 billion, according to the Office for…

A new report by Savills and Scottish Woodlands said more than 18,300 hectares of forestry were sold across Britain last year at a cumulative value of £83 million…

Spending by North American visitors to Scotland rose 28% to a record £633 million in the 12 months to the end of September 2016, according to new figures….

More than 93% of the office space purchased in Edinburgh in 2016 was bought by overseas investors, according to new research from property firm JLL….

A new chief executive officer, George Baxter, joined Edinburgh Research & Innovation (ERI) on Monday “to spearhead commercialisation and industry engagement activity at the University…

The future of the North Sea oil and gas industry could hang in the balance if no further investment materialises, according to a new report by Edinburgh-based…

A NatWest real estate report on “Building Momentum: The Northern Powerhouse” said the economic success of the North of England depends on collaboration, innovation and…

Scotland’s total exports to international markets and the rest of UK in 2014 — excluding oil and gas — rose £570 million to an estimated £76 billion,…

Statera Energy has submitted plans for the UK’s first utility scale green hydrogen project — Kintore Hydrogen — to be built in Aberdeenshire. The project…

The UK Infrastructure Bank (UKIB) has announced an investment in subsea HVDC cable manufacturer XLCC to develop a new world-leading factory in Hunterston in Scotland….

It has been confirmed that Aberdeen will be the headquarters for Great British Energy, the UK government’s planned state-backed power company. The planned company will…

Shares of Edinburgh-based oil and gas firm Capricorn Energy rose as much as 7% after it published results for the six months ended June 30,…

The UK oil and gas industry has more than halved methane emissions since 2018 and reduced overall emissions associated with the production of oil and…

SSE plc, the Perth-based electricity infrastructure giant, announced that the Shetland Islands have been connected to the GB electricity grid for the first time. SSE…

Influential trade body Offshore Energies UK (OEUK) has announced Steve Nicol as the new supply chain champion for the sector. Nicol is Executive President of Operations…

John Wood Group plc, the Aberdeen-based engineering and consulting giant, said it is advancing three carbon capture and storage (CCS) projects on the Norwegian Continental Shelf….

The Scottish Government said on Wednesday that revenue generated for Scotland’s public services increased by £1.7 billion last year to £88.5 billion “driven by a…

UK energy regulator Ofgem said it has given the green light to a £3.4 billion funding package to build a proposed new subsea “superhighway” with…