The Dutch government won’t have a majority in parliament that would back scrapping a dividend tax in a bid to stop Shell moving its headquarters from The Hague to London, newspaper Algemeen Dagblad reported, citing unidentified people familiar with the situation.
The UK won’t join an alliance of countries fixing a date to phase out fossil fuel production, which critics argue calls into question the host nation's climate leadership.
A significant percentage of oil and gas firms in the Aberdeen area are yet to sign up to net zero targets, according to a new survey from the chamber of commerce and accountancy firm KPMG.
Scotland’s net zero secretary has said Holyrood would allow North Sea oil and gas exploration, if the country were to break away from the rest of the UK.
I didn’t want to revisit the UK’s carbon capture debacle so soon, but the decision to demote Scotland’s Acorn project to the second division has forced my hand.
“I really believe we’re just in a 1-2 year window of this going from oil and gas to all energy”, David Currie, group CEO of Proserv, said, “the question for me is: Can Aberdeen come with it?”
Nicola Sturgeon has described oil and gas as the “most difficult” issue for Scotland to confront, speaking on the opening day of the COP26 climate conference.
By Natalie Coupar, Communications Director at OGUK
Last month saw the UK Government unveil its Net Zero Strategy, the Treasury publish its Net Zero Review and the Department for Business Energy & Industrial Strategy give its go-ahead for the UK’s first two carbon capture projects.