The Aberdeen and Grampian Chamber of Commerce has urged the UK Chancellor to abandon plans to extend or increase the energy profits levy, warning that further fiscal pressure will continue
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Venezuela’s interim president, Delcy Rodríguez, has vigorously defended her government’s controversial energy agreement with the United States, asserting that the nation will retain full ownership and sovereignty over its vast
UBS has advised clients to position their portfolios for a significant upcycle in commodity markets, citing a convergence of structural factors that are set to drive sustained demand for hard
Chancellor John Healey is reportedly considering introducing additional taxes on the banking and oil sectors to generate extra government revenue. According to reports, Treasury officials view windfall levies on these
The global race for artificial intelligence is often portrayed as a battle of brilliant minds and sophisticated code. We imagine engineers in Silicon Valley or Beijing fine-tuning neural networks to
The United States has reached an agreement with Venezuela to assume control of more than 65 billion barrels of the South American nation’s proven oil reserves, President Donald Trump has
The global expenditure on oil and gas imports has increased by as much as $330 billion over the six-month period from March to August, according to data released by the
Solar power has reached a significant economic milestone by requiring less upfront capital investment than new coal or gas plants to deliver the same amount of electricity. This development marks
The United States electricity grid is experiencing significant stress as rapid electrification and surging energy demand place unprecedented pressure on transmission infrastructure. The expansion of artificial intelligence capabilities is driving
The average annual dual-fuel energy bill in the United Kingdom is set to increase by 4% for the coming autumn and winter period, according to the energy regulator Ofgem. The
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,
The Aberdeen Norway Gateway event series has expanded its reach to include a networking session in Stavanger, Norway. This addition took place during the ONS 2026 conference and attracted more
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 United States government is reportedly engaged in active negotiations with the interim administration in Venezuela to secure a direct ownership stake in select high-yield oil fields. Senior officials, as
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
BritEnergy Group has acquired a majority stake in thirteen wells within the Permian basin in New Mexico, marking the latest departure of a UK oil and gas firm from the