Kistos has agreed to acquire a ten per cent interest in offshore Norwegian licences from Vår Energi for $12.9 million, equivalent to £9.72 million. The transaction involves the purchase of
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A listed investment vehicle managed by Octopus Energy Group has agreed to purchase a solar farm under construction in Yorkshire for £34.6 million. The asset, known as the Barnsdale Solar
BW Energy has secured $208m in project-level lease financing for the Akoum wellhead platform planned for the Bourdon field offshore Gabon. The company simultaneously announced the signing of an 18-month
The nascent carbon capture and storage sector in the United Kingdom faces significant headwinds as the government is reported to be considering substantial reductions in public funding. Industry leaders have
Energy Exploration Technologies has entered into a binding ten year offtake agreement with the global commodities trader Trafigura. The contract secures the purchase of 100,000 metric tons of battery grade
Progressive Energy has established a new business unit called Oserra Connect to facilitate carbon capture and storage for industrial sites that are not located near existing pipeline infrastructure. The developer,
E.ON Next has completed its acquisition of Ovo Energy, a move that results in just three suppliers serving almost three-quarters of households in Great Britain. The transaction concluded on Thursday
Aberdeen-based Saltire Energy has been acquired by the United States firm Drilling Tools International Corp in a transaction described as a multi-million pound deal. The acquisition marks a significant milestone
Equinor chief executive Anders Opedal has issued a direct appeal to the UK government to approve the Rosebank and Jackdaw oil and gas fields without further delay. He described the
The British Retail Consortium has urged the Chancellor to reduce green policy costs embedded in energy bills, warning that electricity expenses for the sector are projected to increase by £440m
The United Kingdom’s floating offshore wind industry is entering a pivotal twelve-month period as it awaits decisive government signals while grappling with the slow progression of key development projects. Industry
Orcadian Energy is drawing on a large-scale American data centre project to bolster the case for its proposed offshore facility in the Southern North Sea. The firm, which holds a
The Chancellor, John Healey, is preparing a significant financial intervention to assist lower-income households with escalating energy costs ahead of the upcoming budget. This move follows growing concern among government
Shadow Energy Secretary Andrew Bowie has committed to safeguarding Great British Energy Nuclear projects, specifically the Wylfa small modular reactor scheme, from any potential reduction in public energy assets by
Equinor chief executive Anders Opedal has cautioned that a refusal to approve the Rosebank and Jackdaw projects would constitute a major setback for the United Kingdom. Speaking in London on
The Floating Offshore Wind conference has returned to Aberdeen, bringing together key figures from across the sector. The event is jointly organised by Scottish Renewables and Renewable UK, serving as