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...
Crisis latest: Wholesale gas & electricity prices trend upwards, as Social Energy Supply &...
Pressure on wholesale gas and electricity prices intensified this week, as two more exiting licensees brought this year's toll of failed UK power suppliers...
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...
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,...
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...
Into the (light) blue again: Fen-based graphene firm to decarb UAE’s oily gas
A £700 million British clean-tech export deal has been announced to extract and store up to half a million tonnes of CO2e in the...
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...
Celtic seas: Sturgeon opposes Cambo, as its minority owner Shell snaps up Irish floating...
After months of equivocation, Scotland’s First Minister this week confirmed her opposition to drilling the vast Cambo oil field, but stressed the final decision...
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...
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...
“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...
For ‘windfall tax’, read ‘profits levy’: Sunak doubles fuel help, as £15bn package offers...
After weeks of denying he’d impose a windfall tax on North Sea oil and gas extractors, Chancellor Rishi Sunak today bowed to Ofgem’s fears...
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,...
‘Natural’ gas without climate warming? Brit pair partner in its promotion
Two technology pioneers in clean synthetic gas allied today in pursuit of perfecting, then selling hydrogen and other intermediate low-carbon fuels fabricated from waste.
EQTEC...
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...
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...
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...
Oil and gas authority seeks first CCUS bids for sub-sea sequestration
The North Sea Transition Authority (NSTA) has this week fired the starting gun for the UK’s first-ever licensing round in offshore carbon storage.
Thirteen zones...
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...
Turquoise is latest shade of ‘clean’ hydrogen, says HiiROC
After blue, green, pink and grey, surging hydrogen’s expanding palette of colours welcomed another hue this morning, reflecting the gas' spectrum of ever-increasing varieties,...