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...
Charles booed by eco-protesters, as King’s Speech confirms bill to pump more fossil fuels
King Charles was reportedly booed by environmentalists as he and Camilla, the queen-consort left Parliament this morning after he delivered the King’s Speech.
Confirmed in...
27 new licences to be awarded for N Sea fossil fuels. Green groups react...
Environmental organisations have slammed news that Britain’s oil licencing body is sifting through 115 applications to dig more hydrocarbons out of the North Sea...
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...
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...
Shell’s 2021 profits quadruple
As 25 million British consumers awaited news this morning of a new Ofgem-sanctioned price cap set push energy bills up an eye-watering 50%, fossil...
Shell ‘sorry’ for Russian trade, pumps country’s profits towards Ukrainian refugees
Oil supermajor Shell today announced its intention to exit petrol retailing in Russia and cease trading in the country’s oil and gas, as its...
Frack Britain back to the future, demands backbencher, as oil hits $130 a barrel
The Conservative leader of the hard-right Net Zero Group this morning announced a co-ordinated call for a revival of Britain’s fracking industry, in response...
UK sanctions chill Gazprom; loses LSE fund-raising rights, & customers look elsewhere
The British government has stripped Putin-dependent energy giant Gazprom of its right to raise funds on London’s globe-spanning capital markets. Meanwhile its UK arm...
BP and Shell sever Putin ties, as Total retains them
Divestment by western fossil fuel majors from partnerships in Vladimir Putin's Russia stumbled onwards today, with observers questioning continuing involvement by TotalEnergies and Exxon.
Shell,...
Schtum on prices, Centrica boss says UK gas supplies ‘unaffected’ by Putin’s Ukraine attack
British Gas’ eleven million consumers will face no interruption to gas supply after Vladimir Putin unleashed his duplicitous attack today on democratic Ukraine, Centrica’s...
New oil digs in North Sea ‘marginal’ in lowering UK consumer bills, say government...
New exploration licences granted by the government to boost declining North Sea oil production will have ‘at most a marginal effect’ in lowering bills...
Germany suspends Nord Stream 2, in reaction to Putin’s Ukraine provocation
Chancellor Olaf Scholz this morning halted Germany’s licencing of the completed Nord Stream 2 gas pipeline in reaction to Russia’s recognition of two rebel...
BP’s $ 7.6 bn profit renews calls for windfall tax
BP today followed its hydrocarbon ‘sister’ Shell last week in announcing record sky-high profits, renewing politicians’ calls for a reluctant chancellor to impose windfall...