Scotland launches £4m oil and gas decommissioning fund

Industry reports suggest £15.3bn is forecast to be spent on the UK Continental Shelf until 2027

EU gives green light for oil and gas joint venture

It will be active in the exploration and development of oil and natural gas projects only in the US

Chevron sells North Sea business to Ithaca Energy for $2bn

The latter company’s portfolio is forecast to deliver around 80,000 barrels of oil equivalent per day

IEA: Bolder decisions needed for sustainable energy system

The International Energy Agency says global energy investment is falling short of what would be needed to meet continued robust growth in the world’s energy demand

UK backs underwater engineering hub in Aberdeen

Seizing the opportunities in the blue economy is expected to help the oil and gas sector to diversify and support the move towards clean growth

ConocoPhillips to sell UK oil and gas business for $2.68bn

The acquisition is said to make Chrysaor the largest net oil and gas producer in the UK

Trump signs executive orders to speed up energy projects

The US president is trying to make it harder for states to block projects on environmental grounds

Scottish £5m harbour upgrade to boost capacity for oil and gas vessels

The project is expected to create up to 50 new jobs and support the oil and gas and renewables industry

OGA launches UK’s first national oil and gas data repository

It is expected to help unlock new investment and technology and more exploration activity

MPs concerned about North Sea oil and gas clean-up costs to taxpayers

The Public Accounts Committee is calling on BEIS to ensure taxpayers are protected from the risk of footing the bill