Energy

All the latest news from the energy sector, including local firms leading the way for the North East. Plus information on energy opportunities, advice and comment pieces from business experts in the field.

An oil rig in the North Sea

North Sea oil needs to cut costs to survive oil price slump

Offshore industry in the North East faces challenges from global price slump, but savings target also presents opportunities

Left to right: Joe Orrell, managing director at Red Marine and Toby Bailey, business development director

Offshore engineers Red Marine to create expanded testing facility in Northumberland

The engineering specialist will quadruple the size of its current workshop in Hexham

Amber Rudd

New UK Government should mean more fracking, nuclear power and offshore wind farms

The appointment of Amber Rudd as Energy Secretary is being seen as a statement of intent by the Chancellor George Osborne

Could Tesla's battery storage pack change the way we use energy?

North East experts react to Elon Musk's energy storage technology

Party leaders, David Cameron, Ed Miliband, Nick Clegg and Nigel Farage

What the political parties are saying ahead of Thursday's General Election

There are big differences between left and right on future energy policy, but the topic has not been on the election agenda

Anti-fracking protestors gather

UK onshore oil and gas reserves are being wasted, industry says

Environmentalists oppose fracking and further use of fossil fuels, but industry says an opportunity is being missed

BP

BP profits drop 20% after being hit by sharp slump in oil and gas prices

The Energy giant said it was "resettling and rebalancing" to meet current challenges, although profits were not as bad City expectations

The Technip building on the bank of the River Tyne at Wallsend

Technip subsea orders boost first quarter revenues to €2.9bn

The French oil services giant has upgraded expectations for operating profit in its subsea division to €840m

Undated handout artists impression issued by EDF of the how the new Hinkley Point C station will look

UK nuclear industry confident of future but facing issues

Finance and political will remain a problem for nuclear power, but there are opportunities in the supply chain

Neil Harrison

Biomass is perfect for North East says energy entrepreneur

Neil Harrison is speaking this week at the International Biomass Conference and Expo, and hopes to stir enthusiasm for UK biomass

North East Power

Business Supplement: North East Power - Past, Present and Future

This 8-page supplement looks at the past, present and future of this important sector

Shell handout photo of Ben van Beurden (left), CEO of Royal Dutch Shell and Andrew Gould

Shell's takeover of BG Group offers opportunities and challenges for the North East

What does Shell’s proposed takeover of the BG Group tell us about the current state of the oil and gas industry in an era of ongoing low oil prices? Peter McCusker reports

Paul Stewart, managing director of Chirton Engineering

Chirton Engineering dispel oil and gas doom and gloom with job creation

North Tyneside manufacturers say a diversification strategy has helped them maintain growth despite pressures from low oil prices

An oil field

Climate change raises pressure for divestment from fossil fuels

Pressure is growing for energy firms to pull back from getting fossil fuels out of the ground - but energy needs remain

Murchison oil field

Decommissioning of North Sea oil infrastructure is opportunity for the region

Last year saw the spend on decommissioning top £1bn for the first time

North of England Energy, Marine and Offshore Report

Business Supplement: North of England Energy, Marine and Offshore Report

The Journal is pleased to present the March 2015 supplement covering the North of England's Energy, Marine and Offshore industry

Tekmar Energy CEO James Ritchie

North East experts ask if falling energy prices could lead to a push-back against renewables?

North East experts examine if rising costs of fossil fuels and a slump in oil prices will curtail development of renewables?

Angela Upex

Budget was a "purposeful ­foundation" laid down for the regeneration of the North Sea

Despite the trials and tribulations of the wider offshore industry the subsea sector continues to plan for rapid growth

Freddy Shepherd and Bruce Shepherd at Shepherd Offshore's Neptune Yard

Shepherd Offshore Neptune Energy Park: Innovation is key word at £17m centre

Despite the oil price slump the North East’s subsea sector is building for a successful, long-term future

Matthew Hancock MP, speaking at the NOF Energy conference 'Energy: A Balanced Future'

North East offshore wind industry gathering momentum

With financial support in place for £20bn of work an offshore wind developer says it is ‘desperate’ for North East supply chain to get involved

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