Stephen Flynn hints Cambo oil field would help Scotland’s ‘energy security’
SNP Westminster chief Stephen Flynn claimed the Cambo oil field near Shetland should not be ruled out if it can successfully meet key climate change targets.
energy security
Energy security will still have ‘major impact on oil and gas’ in 2023
As we approach the first anniversary of Russia’s invasion of Ukraine, it is a further reminder that energy security will continue to have a major impact on oil and gas markets and how nations meet their energy requirements.
Outgoing OEUK chief Deirdre Michie on her time at the helm and ‘another extraordinary year’
As “another extraordinary year” in the energy sector comes to an end, outgoing chief executive of Offshore Energies UK (OEUK), Deirdre Michie, reflects on the last 12 months and her time at the helm of the trade body.
Grant Shapps: A look at the new business and energy secretary’s policy record
From energy rationing to onshore wind, the newly appointed business and energy secretary, Grant Shapps, has voiced opinions on a range of topics in the sector.
UK seeks 20-year gas deal with Norway to avoid winter blackouts
The UK is on the cusp of securing a natural gas contract with Norway for as long as 20 years in a bid to stave off the risk of winter blackouts, people familiar with the matter said.
Brian Wilson: Starmer’s Great British Energy proposal is sign of the times
A month is indeed a long time in politics. Since I last wrote here, we have a new Prime Minister, a crashing pound and an unprecedented scale of intervention in the energy markets in an effort to stave off the worst impacts of impending price rises.
Building the right ecosystem is key to future prosperity for the North Sea
Increasing political and social pressures regarding energy transition and security has once again thrust the North Sea into a period of significant transformation.
Dolphin Drilling to bring Borgland rig to UK to support North Sea push, plans for IPO in autumn
“Offshore drilling is coming back, big time,” Bjornar Iversen, chief executive of Dolphin Drilling, excitedly told a room of senior company figures, and myself, during a visit to the Borgland Dolphin rig in Norway last month.
Liz Truss rules out further windfall tax on North Sea operators
Liz Truss signalled support for the North Sea oil and gas industry during her first Prime Minister's Questions in the top job.
Norway steps up for Europe’s energy security
Russia's invasion of Ukraine has brought energy security into the spotlight and Norway is stepping up to meet demands while providing stable finances for producers and leading the way in decarbonisation.
NSTA gives Centrica green light to reopen Rough gas storage site
Centrica (LON: CNA) has been given the go-ahead by the industry regulator to reopen the Rough gas storage site off the coast of England.
The FPSO is away, but will the BP Foinaven field be redeveloped?
A permanent feature of the West of Shetland for many years, the Foinaven vessel recently left the namesake BP field for the last time.
Norway has strategic value to Europe beyond oil and gas
In September 2014 and in the face of mounting uncertainty over Russian gas supplies continuing to be available because of the then conflict over Ukraine, then European Energy Commissioner, Guenther Oettinger, suggested that Norway could play a fundamental role in shoring up EU energy supplies then and into the future.
‘He literally banged the table in frustration’ – Johnson riled by slow offshore wind timelines
Boris Johnson is demanding the offshore wind industry slashes the time it takes to build a wind farm in the UK.
Climate and energy security now one and the same, says COP26 president
Russia’s invasion of Ukraine means climate security and energy security are “now synonymous”, according to the UK’s COP26 President.
Plexus noticing ‘quite a pickup’ in enquiries off the back of North Sea ‘resurgence’
The boss of Aberdeen-headquartered Plexus Holdings (LON: POS) is forecasting a “significant resurgence” in North Sea activity.
Energy at a crossroads: which way next?
After a certain amount of time in this industry, you get a certain understanding for how the energy system works.
Energy security ‘still trumps’ sustainability, says RenewableUK CEO
Recent months have underlined that energy security "still trumps" sustainability in the minds of politicians, the head of a trade body has claimed.
‘The North Sea is open for business’ – energy chief delivers blunt response to those wanting to axe oil and gas
The industry regulator won’t be swayed by “hysterical assertions” from people who “simply don’t understand” the intricacy of the UK’s energy mix.
Kwarteng to classify natural gas as ‘green’ investment to support North Sea
Natural gas is to be classified as a “green” investment under proposals from business secretary Kwasi Kwarteng, according to a report.
UK needs ‘another Buzzard’ to balance North Sea decline and reduce imports
A leading analyst says the North Sea “could do with another Buzzard” to offset production decline and plug the import gap.
Neptune Energy to splash out over £800m to support UK energy security
Neptune Energy has announced today it will spend more than $1 billion (£810 million) to help shore up the UK’s energy supplies.
Industry survey spotlights growing friction between energy security, affordability and sustainability
The results of a major survey showcasing the attitudes of energy industry leaders from across the globe have been released.
Strengthening resilience as we seek a balanced transition for our energy industry
The global response to the tragic invasion of Ukraine has underlined the importance of energy security and the need for responsible, clean and reliable sources of energy for our country: a balanced transition is key as we look to secure a bright future for our industry and its workforce.
Review commissioned into latest science on fracking as energy debate intensifies
The Government has commissioned a review of the latest scientific evidence on fracking, as the debate over UK energy supplies intensifies.