North Sea firms keenly await Spring Budget clarity on windfall tax
Reports suggest Chancellor Jeremy Hunt is planning to extend the windfall tax on North Sea oil and gas firms.
UK
Major parties in ‘rush to the bottom’ on UK energy policy, says Kistos’ Andrew Austin
“Each time we think we have certainty, someone moves the goalposts and that's not helpful.”
EnQuest and Aberdeen BP schemes win share of UK government’s £21m hydrogen pot
Low carbon hydrogen projects from North Sea operators EnQuest and BP are among seven UK projects set to share in £21 million of government support.
Miliband calls out government failures, pledges just transition
The government is guilty of “sluggish decision making”, Ed Miliband, shadow Secretary of State for Energy Security and Net Zero, said this morning, setting out some plans for a change of pace under a potential Labour administration.
Lhyfe unveils plans for first UK green hydrogen plant
Green hydrogen firm Lhyfe (EURONEXT:LHYFE) has announced plans for its first UK production facility in the North East of England,
Net Zero economy grew 9% in 2023 to be worth £74bn, report says
The “net zero economy” - from renewables and electric cars to green finance - grew 9% in 2023 to contribute £74 billion to the UK, a report has shown.
Singapore firm secures stake in Scottish hydrogen developer Logan Energy
Singapore-based Lanxing New Energy has secured a 36% stake in Scottish hydrogen firm Logan Energy.
SGN to open ‘UK-first’ hydrogen training facility in Fife
Scottish gas network manager SGN and Fife College are to open a “UK-first” hydrogen training facility for engineers in Fife.
‘Worry’ over BP Aberdeen Hydrogen Hub delay
The BP Aberdeen Hydrogen Hub was initially set to be sanctioned in "early 2023".
Equinor gets planning approval for H2H Saltend hydrogen project
H2H Saltend project aims to "kick-start" decarbonisation initiatives in the surrounding Humber region.
Kistos to buy two UK onshore gas storage sites from EDF Energy
Independent North Sea operator Kistos (AIM:KIST) has agreed to purchase two onshore gas storage sites from EDF Energy for £25 million.
EET targets September for hydrogen FID at HyNet
“What we’re finding now are new businesses and new opportunities are saying ‘if you can do these hydrogen plans, we will come and locate to the region’. That’s a new dynamic we didn’t have a year ago.”
UK Government urged to allow more scrutiny of climate plans
Members of Parliament want more say on government plans to achieve emissions cuts in the run-up to 2050, the nation’s legally binding net-zero target date.
Bean hydrogen: Kraft Heinz signs clean fuel partnership with Carlton Power
Kraft Heinz has paired up with developer Carlton Power to explore the creation of a green hydrogen facility at its Kitt Green plant in Wigan.
Labour would need £8 billion to deliver green plan within rules
The Labour Party needs to find at least £8 billion ($10 billion) to deliver its green-investment plan, a new analysis shows, underscoring why UK opposition leader Keir Starmer may be mulling changes to the initiative.
Aberdeen Uni study raises concerns over gas field hydrogen storage
The study raises questions on whether depleted onshore and offshore gas fields can be safely and effectively used for hydrogen storage
Plans for UK’s largest hydrogen production hub approved in Cheshire
Plans for a 1.35GW blue hydrogen production facility have been approved by a local council in Cheshire.
UK climate watchdog chief Chris Stark to resign with goals in doubt
The head of the UK’s Climate Change Committee Chris Stark will resign as the government struggles to put the country on a trajectory to reach a goal of net-zero carbon emissions by 2050.
Scottish wind farms set to propel green hydrogen powered aircraft in Aberdeen
ScottishPower and ZeroAvia partnership to explore green hydrogen solutions for airports in Aberdeen and Glasgow.
UK hydrogen sector set for “critical” year in 2024
Significant progress was made in establishing a competitive hydrogen sector in 2023, but industry leaders say "it all hinges" on decisions made in 2024.
Dealmakers’ view: What impact will the general election have on UK energy investment?
Upstream oil and gas is the main segment of the UK offshore energy industry likely to be impacted by uncertainty of a general election, top dealmakers have said.
Andy Burnham tells Starmer ‘stick to your guns’ on £28 billion green investment
Sir Keir Starmer has been urged not to backtrack on his plans to invest £28 billion in green projects, by Labour’s Greater Manchester mayor Andy Burnham.
2024 the year of a ‘Sea Change’ in the North Sea
The UK urgently needs coordinated and integrated transition plans to ensure a just and fair transition for all, writes Professor Paul de Leeuw
Scottish researchers turn whisky distillery wastewater into green hydrogen
Researchers at Heriot-Watt University develop method of turning whisky industry wastewater into green hydrogen
11 green hydrogen schemes get UK government backing
Storegga and Scottish Power's Cromarty hydrogen scheme is among the list of projects set to receive a guaranteed price for its output.