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...

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...

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...

The British oil industry’s Net Zero Technology Centre has been awarded £2.12M from the Scottish government, in quest of a means to deliver commercially...

North Sea: Government’s 100 new licences to ‘drill, baby, drill’

Britain's oil and gas regulator this morning began delivering on the Truss administration’s enthusiasm for hydrocarbons, inviting interest towards its likely authorising of 100...

Green hydrogen to help spin 2.2GW turbines? RWE ponders CCUS for Pembroke

Seizing the gas after combustion at the 2.2GW plant, and introducing hydrogen as a clean fuel, are among possibilities to be assessed. Scheduled for completion...

Shell’s van Beurden sees “inevitable” heavier oilco taxes to protect poor

In an allusion to the windfall tax opposed almost uniquely among western Europe’s government leaders by former oil accountant Liz Truss, departing Shell chief...

Ofgem: Britain faces possible “gas supply emergency” over winter

Gas supplies to keep the UK’s lights on and homes heated face a ‘significant risk’ of running short this winter, the nation’s energy regulator...

BP chief Looney quits overnight

Bernard Looney, chief executive of BP since 2020, stepped down last night from the £10 million per year post, after confessing to inadequate candour...

Stanlow refinery celebrates 100 years

The hydrocarbon refining complex which every day delivers 16% of Britain’s fuel oils for road transport celebrates its centenary today. Originally developed by Shell Oil,...

Cadent hits major milestone on path to Net Zero

Gas network operator Cadent has achieved the Route to Net Zero Standard Taking Action certification by the Carbon Trust. Britain’s biggest gas network scored an...

HyNet’s two blue hydrogen plants at Stanlow win planners’ approval

Backers of the UK’s leading HyNet cluster for industrial decarbonisation were celebrating today, after council planners approved plans for its first blue hydrogen plants,...

Sharma joins Tory rebellion against North Sea oil vote

Former energy secretary Alok Sharma MP, chair of the UN CoP conference in Glasgow in 2021, is among Conservative rebels unable to support tonight’s...

Topsoe land deal to store Stanlow’s carbon

Carbon emissions specialists Topsoe have landed a contract with Essor Oil for carbon capture and gas cleaning at the Stanlow oil refinery in Cheshire. Essar...