Pale Blue Dot Energy (PBD) has gained “financial heft”, with backing from an Australian investment giant to help deliver one of the UK’s first major CCS projects.
Drilling technology and services group NXG Global Group, of Aberdeen, plans to create at least 10 jobs and grow internationally by the end of the year.
An Aberdeen North Sea rentals firm has been ordered to axe around 20 staff despite the firm showing increased profits during the coronavirus pandemic.
Neptune Energy is moving ahead with a side-track well to help assess the size of its newly-announced Dugong discovery.
UK oil supply chain firms are diversifying into non-energy sectors due to Covid-19 and low commodity prices, according to a new report.