Scotland awards £2.5m for oil and gas decommissioning

The decommissioning market is forecast to be worth up to £17bn by 2025

Picture of oil and gas platforms in the UK North Sea.
First oil flows from BP’s giant North Sea development

It is seen as a significant moment for the oil and gas sector in the UK

Oil, gas majors spending 1.3% of investment on green energy

New research suggests European firms are investing more on low carbon energy compared to their rivals in the US and Asia

New partnership aims to drive efficiency in oil and gas

The University of Strathclyde will help Baker Hughes, a GE Company, cut costs and cycle time, while extending the lifespan of oilfield equipment

Underinvestment in oil and gas could lead to price rises, says BP chief

Bob Dudley believes oil and gas can be consistent with Paris climate goals

IEA: Rising consumption of plastics to drive oil demand growth

Petrochemicals – i.e. components derived from oil and gas used in daily products like plastics, clothing and detergents – are to account for more than a third of growth to 2030

Should Norway’s $1tn sovereign wealth fund ditch oil and gas investments?

The government is inviting comments until 28th November 2018

Oil and gas giants agree target to cut methane emissions

They aim to reduce emissions from upstream operations to below 0.25% by 2025

Equinor picks 10 tech start-ups developing energy platforms

They will go through an intensive 13-week mentoring programme in Oslo

Global water market ‘to grow to $915bn by 2023’

It has been linked to high commodity and oil prices as well as major water quality and infrastructure plans