The EU’s CBAM will negate some of the benefits of a separate UK ETS and increase the complexity of trade. Harmonised systems, in contrast, would create a more effective CBAM-protected bloc and prevent carbon price competition. However, the UK ETS is Brexit’s child, and Brexit was never about cooperative action in the face of climate change...
EnergyPathways (AIM: EPP) has entered into a £5.1-million loan facility to develop its Marram Energy Storage Hub (MESH) project.
The UK’s dependence on LNG imports exposes UK consumers to an international gas market over which they have no control. If the European winter is cold or Asian LNG demand booms, the UK will feel the consequences.
NSMP CEO calls for industry and policymakers to collaborate to deliver a just transition as UK gas faces risk from fiscal instability.
UK gas-fired power plants are running at their lowest hours of operation since 2017 owing to high levels of wind, solar and imports from Norway and France into the national grid.
Jersey chief executive Andrew Benitz said the firm's achievements have been marred by "fiscal and political turmoil" which has forced them to take measures including a 50% cut in staff and director salaries.
Wales and West Utilities (WWU) has commissioned infrastructure firm Costain to investigate the feasibility of blending hydrogen into the gas supply for industrial and commercial gas customers.
A wave of oil and gas ‘megamergers’ across the pond could be coming our way, as Europe’s supermajors – focused in recent years on a tilt to investment in renewables and ESG concerns – look to fill their future reserves through large acquisitions.
Climate scientists are warning that 2024 is on track to be the warmest year on record. Global temperatures are likely to exceed those in 2023 and every single month since June 2023 has ranked as the world’s warmest compared to pre-industrial levels.
Norway's role supporting Europe through its energy crisis and cutting emissions in Africa and India was credited to its positive support for its oil and gas industry.
Woodside Energy Group Ltd. and the Australian Conservation Foundation agreed to dismiss the latter’s challenge to the development of the $12.5 billion Scarborough natural gas field off Western Australia.
Shell (LON:SHEL) unveiled quarterly profits $6.3 billion (£4.9b) as it highlighted global investments in gas and LNG.
North Sea operator Kistos (LON:KIST) has increased the working gas capacity at its newly acquired Hill Top Farm site by 24% following a trial.
The energy industry and the North Sea has loomed ever-larger on the political radar. As parties vie for votes ahead of the UK General election on 4 July, leading industry lawyer Graeme Clubley offers his analysis on the impact on the sector of each group's manifesto policies.
Reabold Resources (LON: RBD) has hailed the "excellent economics" of a new plan and a regulatory green light for its onshore gas project at West Newton near Hull.
Three-quarters of Scots support oil and gas production from the North Sea, according to a new poll.
Supplies of Norwegian gas to northern England have resumed via the Langeled pipeline after damage was discovered on the Sleipner Riser platform, Reuters has reported.
Fresh from putting shovels in the ground on a £350 million cable factory in Scotland, Japanese conglomerate Sumitomo has backed plans to develop hydrogen storage capacity with UK Oil & Gas in Dorset and Yorkshire.
The new first minister says he's "very happy" to take part in the challenge first agreed by Humza Yousaf and opposition leaders.
Chevron has taken the final investment decision (FID) on the second phase of the Tamar field, offshore Isreal.