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...

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...

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...

“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...

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...

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...

BP leapfrogs Shell’s profits, spurs renewed calls for heavier windfall tax

BP today outdid Shell by declaring a sanctions-boosted doubling of profits for 2022, up to £23 billion. The figure is a new record for the...

Shell sued over dragging feet, sticking with fossil fuels

In what they claim is a first in British law, activist environmental lawyers Client Earth announced today they are suing oil leviathan Shell, accusing...

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 £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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

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...