Lifeboat crews assist police in coastline operation

Lifeboat crew were called to the incident.

Schlumberger posts $10.1 billion loss in 2019

Schlumberger, the largest oil-field service company in the world, lost $10.1 billion in 2019 as a result of hefty write-downs on two past acquisitions and weakening demand for hydraulic fracturing services in the United States and Canada.

‘First spade in ground’ as construction starts on world’s largest wind farm

Renewable energy developer SSE has announced it has put the “first spade in the ground” at its North Sea Dogger Bank project – which will be the world’s largest upon completion.

Taqa takes over operatorship of North Sea area from RockRose

RockRose Energy has been ousted as operator of a North Sea hub with Taqa UK set to take over control thanks to a legal challenge brought by its partners.

Eni fires up Agogo fast track off Angola

Eni’s Agogo field has begun producing, a statement from Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has said.

Oil gets boost from trade deals, but demand concerns persist

Oil held its biggest gain in almost two weeks on optimism a more conciliatory approach on trade from the U.S. will help revive growth, but was still headed for a weekly drop amid persistent demand concerns.

Microsoft to invest $1bn in carbon-reduction technology

Microsoft Corp. unveiled plans to invest $1 billion to back companies and organizations working on technologies to remove or reduce carbon from the earth’s atmosphere, saying efforts to merely emit less carbon aren’t enough to prevent catastrophic climate change.

Local authority body calls for ‘fair’ climate change funding

Local authority body Cosla has called for “fair funding” to help councils tackle climate change.

Study: Oil firms pay investors more than they can afford

The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.

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Lifeboat crews assist police in coastline operation

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