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...

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...

Fracking ban lifted, as D-BEIS confirms 100 new North Sea licences

The government this morning tore up a manifesto commitment, rescinding Britain’s 2019 moratorium on onshore fracking for gas, citing the need to increase national...

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...

Exxon-Mobil says it’ll reach Net Zero by 2050, but still won’t commit on most...

The global oil major with the longest history and the deepest pockets in covertly seeking to discredit climate science has apparently come in from...

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...

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...