Uncertainty for new North Sea project over windfall tax
Hartshead Resources warns of the risk of a "flight of capital to other jurisdictions" due to Labour Party comments on the windfall tax.
Labour party
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.”
Aberdeen firms tell Jeremy Hunt to scrap windfall ‘supertax’
The UK Chancellor is facing calls to remove the controversial tax on oil and gas giants ahead of his spring budget next week.
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.
Watch: Annual North Sea licences bill debated in UK parliament
Energy Secretary says Offshore Petroleum Licensing Bill will improve energy security and secure jobs while Labour calls it "climate vandalism" and "hypocrisy".
Aberdeen has ‘strong claim’ to get Labour’s GB Energy headquarters, Ed Miliband says
Labour's shadow climate secretary, visiting the north-east, said he wants the city to become the UK's 'clean energy capital'.
Extinction Rebellion protesters target Labour headquarters
Climate change protesters from Extinction Rebellion (XR) poured fake oil and set off smoke grenades in a targeted protest at the headquarters of the Labour Party in London.
Should the UK set an end date for North Sea licences?
Rishi Sunak has confirmed that he will grant hundreds of new North Sea licences as part of an ongoing exploration round, however, is this the right move for the UK and the environment?
Just Stop Oil demands ‘contemptible’, says Starmer
Sir Keir Starmer has said Labour would not tear up the 100 new drilling licences Rishi Sunak plans to grant as he described Just Stop Oil's demands as "contemptible".
Sir Keir Starmer to visit Aberdeen this summer after oil and gas backlash
Sir Keir Starmer is expected to visit Aberdeen this summer to discuss controversial plans to end North Sea exploration.
WoodMac: almost £25bn of UK energy investment faces chop if Labour take power
Analysis from consultancy Wood Mackenzie has laid bare the potential impact of Labour’s controversial opposition to new North Sea licensing.
North Sea firms ‘concerned’ over further windfall tax changes under Labour
Already reeling from the impact of the windfall tax levy, some North Sea firms are reportedly adjusting plans in expectation of losing investment incentives under a Labour government.
Businesses blast ‘economically illiterate’ North Sea windfall tax ahead of vote
A windfall tax on North Sea oil and gas firms would be “economically illiterate” and could “perversely” drive up the domestic costs of energy, MPs have been told ahead of a key vote today.
Sturgeon: Oil and gas receipts should be put into ‘net-zero fund’
North Sea oil and gas receipts should go towards a "net-zero fund", according to Scotland's First Minister Nicola Sturgeon.
Labour Party pledges to make new homes ‘carbon zero’
All new homes would be "zero carbon" within three years under Labour plans to tackle the housing and climate crises at the same time, the party said.
McDonnell brands BiFab’s ‘unknown’ future at Arnish ‘an outrage’
A fresh threat of job losses at a Western Isles fabrication plant was branded “an outrage” by shadow chancellor John McDonnell yesterday.
Corbyn claims Labour Government would build 37 wind farms, create 67k jobs
Jeremy Corbyn has praised wind power as "the future" after announcing plans to create 67,000 jobs and 37 new wind farms.
Corbyn promises ‘green industrial revolution’ under Labour
Jeremy Corbyn has vowed to turn the Government’s “failed approach” to tackling climate change on its head with a “green industrial revolution” if he becomes prime minister.
A number of ‘ifs’ in Labour plan to renationalise energy firms
There are a large number of 'ifs' that would need to be satisfied for a Labour government to take power in the UK with sufficient political support and time to allow it to pass the legislation required to deliver its desired renationalisation policy, against likely strong opposition from other political parties, MPs within the Labour party, stakeholders and the House of Lords and in the face of competing demands.
Labour propose making renewable energy part of school curriculum
Labour will introduce climate change as a core part of the curriculum from primary school onwards, the party has announced.
McDonnell says Labour would deliver thousands of ‘green’ island jobs
The UK shadow chancellor has pledged that a Labour Government would deliver 50,000 Scottish jobs in the renewable energy sector including thousands in the Western Isles, Shetland and Orkney.
Labour pledge ‘seven-fold’ increase in offshore wind at conference
Labour's shadow business and energy secretary, Rebecca Long Bailey, last night pledged that her party would look to create a "seven-fold" increase in offshore wind.
Labour brand Scottish Government decision to extend fracking licence ‘a shambles’
The Scottish Government has been criticised for extending a fracking licence owned by petrochemical giant Ineos.
‘Catastrophic’ if Brexit kills off nuclear regulation, warn Labour
Labour has warned it would be “catastrophic” for Britain’s nuclear industry if the role of Euratom ended immediately after Brexit, as the party pushed for a specific transitional arrangement.
Lord Hutton takes place as new chair of Energy UK
The trade association responsible for representing the energy sector, Energy UK, today announced their new chair as former Labour MP, Lord John Hutton.