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...
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’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...
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...
Lancashire geology limits England’s fracking feasibility, say academics
Seismic experts at Edinburgh’s Heriot-Watt University confirmed today that rock configurations beneath Britain’s most advanced fracking project raise further questions over commercial feasibility of...
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...
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...
Sunak’s carbon capture policy ‘deepens fossil gas reliance’; IEEFA report
The UK government’s £20 billion pot of incentives for carbon capture projects disproportionately supports extraction of gas-derived ‘blue’ hydrogen, increasing long-term reliance on the...