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,…

The UK’s North Sea Transition Authority (NSTA) said it has granted development and production consent to Equinor and Ithaca Energy for the controversial Rosebank oil…

Activity in mergers and acquisitions fell sharply in Scotland in the first half of 2023, with 25% fewer deals being announced and the value of…

The £450 million Abrdn UK Smaller Companies Growth Trust plc announced that it extended its period of underperformance against its benchmark on both a net asset value (NAV)…

Aberdeen-headquartered logistics group ASCO has been bought by Leed-based private equity firm Endless LLP for an undisclosed sum. ASCO has over 1,000 employees in the…

Centrica Business Solutions said it has secured the development rights to a 65MW two-hour battery storage plant in Perthshire, Scotland, its largest battery storage acquisition…

Jim Ratcliffe, owner of Ineos Grangemouth, has criticised the UK Competition And Markets Authority’s “increasingly hostile” attitude to business. The CMA has blocked the INEOS acquisition of…

The development of the giant Rosebank and Cambo oil fields west of the Shetland Islands would save 17 million tonnes of CO2 emissions over their projected…

Edinburgh-based oil and gas firm Capricorn Energy said on Monday that $104 million of its $145 million “trade receivables” in Egypt is “overdue.” Capricorn, formerly…

The Scottish Government’s Constitution Secretary Angus Robertson said Brexit has limited Scotland’s economic growth, restricted trade, increased food costs and diminished opportunities for young people….

Ardersier Port near Inverness said it has received an initial £300 million investment commitment from US private equity firm Quantum to drive its redevelopment and…

ScottishPower announced it has formalised a £1.3 billion contract with Siemens Gamesa — the highest value contract ever awarded by the Glasgow company — for 95…

Scotland will need to “carefully manage” the decline in its massive oil and gas industry alongside the growth of the new low carbon sector to…

Edinburgh-based oil and gas firm Capricorn Energy, where shareholders recently ousted the executive leadership and terminated a planned merger, on Monday published an update on…

NatWest-RBS has announced that it will immediately stop all reserve-based lending for new customers financing oil and gas exploration and extraction, before phasing it out entirely…

The UK’s public sector borrowing (PSNB ex) in December 2022 was £27.4 billion, the highest December figure since monthly records began in January 1993, largely because…

Aberdeen-based global engineering and consulting giant John Wood Group said its revenue rose 3% to $5.4 billion and its order book stood at $6 billion…

The Scottish Government’s newly-published energy strategy has been branded a “breathtaking betrayal” of the oil and gas sector by Russell Borthwick, the chief executive of…

Giant trade association Offshore Energies UK (OEUK) has appointed David Whitehouse as its new chief executive, starting on January 1, 2023. OEUK represents 400 companies involved in producing…

By Mark McSherry — SSE plc, the Perth-based electricity infrastructure giant, confirmed on Friday it has reached agreement to sell a 25% minority stake in its electricity transmission network…

Aberdeen-based North Sea oil and gas producer Ithaca Energy made an unimpressive stock market debut in London on Wednesday as the firm staged the UK’s…

Shares of North Sea oil and gas producer Hurricane Energy rose about 17% to around 8p after it received an unsolicited takeover offer at an indicative…

Aberdeen-based North Sea oil and gas producer Ithaca Energy confirmed on Tuesday its “intention to undertake an initial public offering” and said it is seeking…

Aberdeen-based North Sea oil and gas producer Ithaca Energy said on Tuesday it is planning an initial public offering (IPO) on the London Stock Exchange. Ithaca…

First Minister Nicola Sturgeon launched the Scottish Government’s “independence economy prospectus” on Monday. Sturgeon said the paper called “Building a New Scotland: A stronger economy with…

Scotland’s public sector revenue has been estimated at £73.8 billion for 2021-22 — up a record £11.1 billion from the previous year. Scottish public spending…

SSE Renewables and its partner TotalEnergies announced first power generation from the Seagreen offshore wind farm 27km off the coast of Angus in Scotland. The…

Shell has launched a sale process for its 30% stake in the Cambo oil prospect west of Shetland in the UK North Sea, potentially paving the…

Offshore Energies UK (OEUK) announced on Friday that its chief executive Deirdre Michie will step down at the end of 2022 after almost eight years…

Growth investor BGF has exited Ellon-based chemicals firm Aubin Group following a deal to sell the firm to Genova-based Italmatch Chemicals. Aubin is a developer…

Offshore Energies UK (OEUK) on Thursday warned UK finance minister Rishi Sunak that his new energy profit levy risked undermining attempts to attract capital investment…

An “visionary” bid for a Forth Green Freeport for Scotland which “will re-industrialise the nation and create large scale economic development” has been submitted by…

The UK government on Thursday announced a 25% windfall tax on oil and gas producers’ profits –alongside a £15 billion package of support for UK…

The chief executive of Edinburgh-based Capricorn Energy told the firm’s AGM on Wednesday that the last 12 months have been “transformational” for the company as…