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.

Oil rig selfies... at Christmas

Pictures from around the world show how the festive season is celebrated in the offshore industry

An oil rig in the North Sea

Regional oil industry players respond to North Sea 'crisis' claims

NOF Energy boss calls for 'sense of perspective' amid worries that oil price collapse will batter the North Sea

Eddie Fergusson House, Archer's former offices

Nearly 70 jobs under threat as Archer closes Blyth base

The oil services firm announced the closure to staff this week, just over a year since expansion plans were talked about

Paul Appleby, Head of Energy Economics at BP

Senior BP man among speaker lineup for major Tyneside energy conference

The first speakers for March 2015's Energy: A Balanced Future conference have been announced

Harrison Rafferty, logistics assistant with Geothermal Drilling Ltd

North East at the forefront of multi-million pound geothermal energy plans

Despite a recent setback, scientists say the North East has the potential to become the site of the UK’s first geothermal energy scheme in decades

George Rafferty, chief executive of NOF Energy

Energy supply chain upbeat despite challenges posed by oil price fall

Firms weighed in on prospects for 2015 as the NOF Energy annual survey was published

The Chancellor of the Exchequer, George Osborne delivers his Autumn Statement to MPs in the House of Commons, London

Energy sector in the North East gives mixed reaction to the Chancellor's Autumn Statement

It's fair to say the North Sea oil industry was underwhelmed by last week's Autumn Statement tax cut - but a subsequent declaration of Government support for the basin has boosted morale

From left: Ennsub's Paul Lavelle, technical director; Scott Macknocher, general manager, and Gordon Conlon, operations director.

Teesside offshore engineers Ennsub fly in customers for milestone equipment demo

The firm demonstrated the fruits of two years work to a party of oil and gas industry customers

Carillion

Carillion in £33m deal to buy Canadian power company Rokstad

The British construction firm has acquired a 60% stake in Rokstad, with future plans for a full takeover

An oil rig in the North Sea

Confidence falls in the North Sea oil and gas industry

Declining production levels and falling oil prices hit confidence in offshore sector particularly the North Sea

Concerns remain over the future of the UK's energy supply

The National Grid may have corralled enough generating capacity together to keep the lights on this winter, but serious concerns are now emerging for at least the next 10 years

Square One Law senior partner Ian Gilthorpe, left, with Alexander Temerko

OGN Group leader Alexander Temerko delivers business insights at Square One Law dinner

Square One Law hosted a dinner for key figures in the region's vibrant energy sector, where the special guest was prominent Russian businessman Alexander Temerko

George Rafferty, chief executive of NOF Energy

Falling oil price presents opportunities to North East firms

With the oil price falling sharply and the majors looking closely at expenditure plans, industry experts say North East supply chain companies should hold their nerve – and take advantages of the new opportunities on offer

Ofgem has warned gas and electricity suppliers

Gas could help UK to a low carbon economy, say Durham University experts

Report co-authored by Durham University academics says gas could be a 'bridging fuel' - but will soon become a part of the problem, not the solution

Bryan Bunn of Nortech Solutions

North East firm Nortech Solutions wins US fracking work

Teesside entrepreneur Bryan Bunn leads one of the first North East businesses to win work in the American shale gas industry and he believes there is great potential for others to follow

Heerema Fabrication Group in Hartlepool

Pressure mounts for clarity on £50m gas contract

North Tyneside MP Mary Glindon is says North East has received the 'crumbs' of a major North Sea gas contract awarded to Heerema

Fuel company Oil NRG

Growing Oil NRG moves to larger premises in Stockton-On-Tees

Fuel and oil distributors Oil NRG have made room for further expansion after growing its tanker fleet and taking on new drivers

Equipment at DeepOcean

Subsea firm DeepOcean is looking forward to a bright future

One of the region's premier subsea companies is looking towards a bright future based on a balanced portfolio of work in renewables and oil and gas. Peter McCusker speaks to DeepOcean

NOF Energy is on course to attract even more delegates to the conference than last year, when more than 400 attended

Leading contractors sign up for Energy: A Balanced Future conference

There are five months to go but the NOF Energy conference at Sage Newcastle is already drawing in big names

Chris Johnson and Nicky Atkinson, FW Capital Investment Executives, and Bill Scott CEO, Wilton Engineering Services

New grant scheme could help deliver thousands of jobs to the North East

North East manufacturers can now secure unique financial support which should help them land larger contracts and grow more quickly. Peter McCusker reports

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