OEUK issues stark energy security warning as Norway becomes UK’s primary gas supplier
The amount of gas the UK imports from Norway has outstripped domestic supplies for the first time, a key industry study has found.
energy supply
Key UK power cable will be partly knocked out until March
A key UK power cable knocked out by a fire will stay partly offline until March, the National Grid Plc said, deepening the energy crisis threatening Britain as it heads into winter.
Wärtsilä to install energy storage system at Shetland power plant
It’s hoped a new project will accelerate the decarbonisation of Shetland and help to secure the island’s energy supply.
Energy supplier Bulb aims for 100m customers by 2030
The chief executive of energy challenger Bulb said that growth is front and centre as he tries to reach 100 million households around the world by the end of the decade.
Ofgem to increase safeguard tariff due to oil price hike
Energy regulator Ofgem is to increase the level of the safeguard tariff which protects five million households from being overcharged.
Chilly Britain absorbing more gas that would have gone to Europe
Britain is so cold it’s keeping more of the natural gas it produces and imports for itself.
Shares lift for Wood Group, Cairn and Faroe
London's main market rose 57.9 points to 5,666.1 today amid relief that China's growth was in-line with forecasts.
Scottish site to be blade factory
About 800 jobs could be created in Scotland's renewable-energy industry, thanks to £125million of investment to build blades for wind turbines in UK waters, manufacturer Gamesa said yesterday.
Powering future still a hot topic
BUSINESS leaders met in Aberdeen last night to discuss how the oil and gas industry will develop over the next 30 years.
Government about to see the light?
Aberdeen may have just about sidled past the worst effects of recession thanks to North Sea oil&gas; nonetheless, there is a creeping paralysis gradually strangling the entrepreneurial drive that has come to characterise Europe's Energy Capital of late.
Brown appoints part-timer as energy minister No. 12
Prime Minister Gordon Brown was under fresh fire last night - over the way he treated the vital North Sea oil and gas industry in his government shake-up.
Fresh hope for offshore sector over tax incentives
The offshore sector was given fresh hope last night that a package of tax incentives designed to maintain vital investment will be introduced, despite the collapse in the price of oil.
A properly resourced energy department needed, please
Throughout the twists and turns of 2008 - and, let's face it, there have been many - the UK oil&gas industry has continually sought to secure a constructive partnership with the Government department responsible for energy.
North Sea licensing stampede lifts gloom
A record offshore licensing round last night lifted the gloom cast by yesterday's news of soaring unemployment and fears of an even deeper recession.