As the House of Lords prepares to debate the UK government's Offshore Petroleum Licensing (OPL) bill today, environmental campaigners are calling into question the government's use of figures showing the North Sea oil and gas industry supports 200,000 jobs.
Energy Secretary says Offshore Petroleum Licensing Bill will improve energy security and secure jobs while Labour calls it "climate vandalism" and "hypocrisy".
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.
As the UK government plans to award North Sea oil and gas licences every year, Energy Voice discusses what that means for the industry.
As well as potentially violating international law, officials advised Sunak's office that increasing North Sea extraction would increase carbon emissions.
TotalEnergies is weighing up its projects for FID (final investment decision) in the West of Shetland, but the uncertain fiscal regime in the UK may have an impact.
A top economist at oil giant Shell (LON: SHEL) has cast doubt on the value of Westminster’s move to dish out scores of fresh exploration licences.
Making the most of the UK's resources is the best pathway to energy security and net zero.
The UK Government’s energy announcements this week have big implications for all parts of the sector and the drive towards Net Zero.
The UK government’s energy security secretary, Grant Shapps, has said that granting “every single conceivable licence to the North Sea” would be within the country’s net zero targets.
Denmark played a key role in setting up the Beyond Oil and Gas Alliance (BOGA), a group formed during the COP26 conference in Glasgow.
As existing licences will be respected, Wood Mackenzie says a ban on new exploration would be “largely symbolic”.
Gary Smith, the general secretary of the GMB union, has said that the UK needs “plans not bans” when looking at energy policy.
Energy in transition? The UK can’t get past posturing, writes Brian Wilson.
Lord Offord of the Scotland Office said it would be "crazy" to shut down oil and gas in the north-east in response to the Scottish Government's recently announced energy strategy.
Depending on your point of view, the Scottish Government’s new energy strategy is either a “breathtaking betrayal”, or “welcome” and “correct” – or maybe you’re somewhere in the middle.
Westminster has been accused by environmental groups of “abdicating all responsibility” for tackling climate change.
Details about the upcoming North Sea licensing round are being kept under wraps until after the Queen’s funeral.
North Sea companies have hailed the new prime minister’s decision to side with the oil and gas industry.
A new North Sea licensing round is on the horizon as Liz Truss tries to turn the UK into a "net energy exporter by 2040".