OEUK CEO says “no one” in sector wants to profit from cost-of-living crisis
A senior oil and gas figure has stressed that “no one” in the sector “wants to benefit or profit” as households struggle to pay their energy bills.
Offshore Energies UK (OEUK)
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.
North Sea windfall tax ‘absolutely the wrong thing to do’ says Scottish Secretary
The Scottish Secretary has said an oil and gas windfall tax would be “absolutely the wrong thing to do” ahead of the Chancellor's Spring Statement next week.
SNP calls for cross-sector windfall tax on ‘excess profits’
The SNP has called for a broad-based windfall tax on ‘excess profits’ of major companies, including the energy sector, to help ease the cost of living crisis.
‘Candidate shortage’ for North Sea jobs as oil price back at $100
There is a “candidate shortage” for the increasing levels of work being seen in the North Sea with the oil price now beyond $100.
Boris Johnson hosts oil and gas CEOs on ‘boosting supply’ from North Sea
Boris Johnson has hosted the leaders of the UK oil and gas industry at Downing Street to discuss how to achieve “greater energy independence” for Britain.
North Sea windfall tax could ‘heap supply crisis on top of price crisis’
The UK’s leading oil and gas trade body has warned a windfall tax on the North Sea could cause “irreparable damage” to the industry.
Sturgeon: Increasing North Sea production to offset price rise is ‘not credible’
Ramping up the production of oil and gas in the North Sea in response to rising prices caused by the invasion of Ukraine would be "impractical", Nicola Sturgeon has said.
‘Largest energy crisis in decades’ as market reacts to Russian oil embargo plans
Oil prices could nearly double by the summer if more countries follow suit in banning Russian oil imports, analysts have forecast.
OEUK calls for ‘clear and quantifiable’ climate checkpoint on licensing
The UK’s offshore energy trade body says it supports half of the proposed checkpoint tests on new North Sea oil and gas licensing, but that the process ‘must be workable’ or risks damaging investment in the basin.
Oil and gas companies supporting UK’s green revolution
The UK’s offshore energy industry is aware it has a major opportunity to drive a very positive future – both for the UK economy and its energy mix alike.
UK’s top climate advisor criticises ‘lack of ambition’ from OGA on emissions reduction
Climate Change Committee chief executive Chris Stark said the industry and regulator the Oil and Gas Authority (OGA) could do more, sooner to reduce emissions if North Sea production is to continue.
North Sea stalwarts to speak at Courier – Energy Voice event
This year’s Courier Business Conference will focus on the energy transition with a host of top speakers.
OEUK hosts first event under fresh name as North Sea chiefs herald in new era
Offshore Energies UK (OEUK) chief executive Deirdre Michie says the trade body will champion an “inclusive future” as it enters a new dawn.
OGUK completes Offshore Energies UK rebrand
The North Sea’s leading trade body Oil and Gas UK (OGUK) has officially completed its planned rebrand.
Oil and gas expertise helps drive the wind of energy change
When Crown Estate Scotland announced the outcome of its application process for ScotWind Leasing in January, it marked the first Scottish offshore wind leasing round in over a decade. It also demonstrated one of many ways our industry is actively focused on reducing its carbon footprint.
OGUK transformation just the start of energy trade representation and regulation shake-up
The decision by Oil & Gas UK to broaden its remit and change its name name to reflect the UK’s intended shift to low carbon energy pretty much across the board comes as no surprise.