Harbour Energy has announced a significant leadership transition within its United Kingdom operations, promoting Graeme Davies to the role of managing director. Davies will assume the position on 1 October,
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Europe must significantly scale up its manufacturing capacity if it is to achieve its floating wind ambitions, a senior executive at DNV has stated. Sille Grjotheim, the global segment director
Asda has recorded its first period of sales growth in more than two years, a development the company describes as a significant step in its ongoing turnaround. The discount supermarket
Business confidence in the United Kingdom has climbed to its highest level since March, driven by resilient consumer spending and a notable absence of disruptive speculation regarding upcoming fiscal policy.
Well-Safe Solutions has entered into a strategic partnership with Aberdeen-based NMC Energy to address the decommissioning of Apache’s Beryl and Forties fields in the UK North Sea. The two companies
The Bank of England is set to receive a new statutory objective to support innovation in payment systems and digital currencies, according to plans announced by the government. This secondary
Manchester Airport Group has confirmed that a cyber security incident has resulted in the theft of personal data belonging to millions of customers. The operator of London Stansted, East Midlands
Nvidia is reported to be in advanced talks to acquire the artificial intelligence model repository Hugging Face for $12.9 billion. The transaction, if completed, would allow the hardware manufacturer to
Scotland’s energy minister has stated that he remains uninformed regarding the final decision on the Jackdaw and Rosebank oil fields. Stephen Gethins told the Press and Journal that he is
The National Wealth Fund has committed 71 million pounds to Tungsten West, a mining firm preparing to resume operations at the Hemerdon site near Plymouth. This financial support, comprising 36
Certain Energy has secured ten million pounds in an early-stage venture capital round led by the British Business Bank. The long-duration energy storage firm, formerly known as RFC Power, will
Reform UK has proposed a policy that would tie the remuneration of HMRC customer service officers to strict performance metrics, with the potential for fines and dismissal if waiting times
Households in the United Kingdom have been warned that energy costs are set to increase further after the regulator Ofgem announced a rise in its price cap to a three-year
Greg Jackson, founder of Octopus Energy, has called for immediate structural changes to the UK energy market to shield households from fluctuating global gas prices. The chief executive of the
SLB has been appointed as the strategic reservoir partner for Harbour Energy’s Havstjerne carbon storage project in Norway. The services company, formerly known as Schlumberger, announced the agreement during its
Energy bills in the United Kingdom could increase by 13 percent by the end of the decade if current government support measures are not extended, according to a new analysis