Sunak “deaf to science” on N Sea licences, so scientists write again
Rishi Sunak twice ignored warnings from nearly 700 leading climate scientists when he approved on Monday “over a hundred” new extraction licences benefitting oil...
Green rage greets Sunak’s “maxing out” of N Sea oil
Fury from environmental and green energy groups greeted prime minister Rishi Sunak’s announcement today that the government will press ahead in defiance of its...
British Gas’ nine-fold hike in profits sparks rage
Centrica. the parent of leading UK supplier British Gas Energy, today posted half year operating profits for 2023’s first six months of £2.1 billion,...
Government ”dragging feet” in fostering green energy skills, say workers
The Sunak government’s lack of leadership towards transforming Britain’s skills base in energy is putting the jobs transition at risk, stranding workers in unwanted...
Oilcos slam Starmer’s North Sea development ban
Labour’s proposals to ban new oil & gas extraction in the North Sea would undermine Britain’s energy security, threaten jobs, and send import bills...
Grid sets new low carbon record in April
Britain’s transmission grid set a new low record for carbon intensity last month, tumbling to 33g/kWh on Monday 10 April.
80% of electricity in early...
Shell earns £7.6 billion in 2023’s first quarter
Oil & gas supermajor Shell exceeded market hopes, posting record profits of £7.6 billion for the first three months of the year, it told...
BP’s £4bn profits spur calls to tighten windfall tax on oilcos
Oil behemoth BP continues to profit from high energy prices, reporting this morning underlying earnings of £4 billion for the quarter to April. The...
Offshore rigs hit by ‘biggest strike for a generation’, says Unite
Oil and gas extractors in the North Sea were today hit by a 48-hour strike by a claimed 1,300 offshore workers, in what its...
BP leapfrogs Shell’s profits, spurs renewed calls for heavier windfall tax
BP today outdid Shell by declaring a sanctions-boosted doubling of profits for 2022, up to £23 billion.
The figure is a new record for the...
Regulator & watchdog react to British Gas’ suspension of prepaid meter contractor
Energy industry leaders and watchdogs reacted with repulsion today at a report that bailiffs hired by British Gas had rejoiced in breaking into at...
Shell’s record £32 billion earnings spark fury
Fossil fuel supermajor Shell posted record profits today of £32.2 billion, provoking fierce criticism from politicians and green campaigners, and renewing calls for the...
“Drill, baby, drill !”: North Sea applications rise on 2019’s bidding round
Licence applications to extract offshore oil and gas rose last year on 2019 totals, the government’s North Sea Transition Authority announced today.
Over a three-month...
Whitehall advisor Peter Mather “quits BP”, after ‘conflict of interest’ fears
A senior advisor on government energy policy has reportedly stepped down from the BP payroll, as an investigative news source voiced concerns over a...
Another oil extractor plans North Sea rigs run on electricity spun from wind
Hydrocarbon extractor Neptune Energy has become the latest oil company to consider switching to clean electricity to run its offshore rigs and pumps.
Storage of...
Big gas users greet ESO’s extension to 23 December for DSR bids
Representatives of Britain’s heavy gas users in industries such as cement and glass have welcomed the gas grid operator’s decision to extend its deadline...
Electricity to power rigs in 3 N Sea oilfields? Fossil giants ponder how
Another citadel in hydrocarbons’ hegemony over the energy industry appeared to totter this morning, after oil and gas majors BP, Equinor and Ithaca unveiled...
BP’s profits soar to $ 8.2bn in third quarter
Oil and gas supermajor BP beat analysts’ predictions for the year’s third quarter, this morning announcing profits of £ 7.1 billion/ $ 8.2 billion,...
Chaos follows MPs’ fracking debate: Tory whips “resign” then “un-resign”, after Rees-Mogg seeks clearer...
A Parliamentary vote on a Labour ban on fracking ended in chaos last night, amid allegations of ministers physically pushing their own MPs into...
