Graham Stuart: Building on North Sea legacy is critical to UK’s energy future
UK energy minister Graham Stuart discusses the government's CCUS investment and its decision to back further North Sea licences
UK Government
Flynn welcomes reports Sunak to announce carbon capture funding
The SNP's Westminster leader has welcomed reports a carbon capture scheme in Scotland is due to get the green light, claiming "now is the time to strike" on the country's green potential.
UK ETS lets fees for emission production slip
The UK government is changing how firms pay for producing emissions as it introduced more allowances to its Emissions Trading Scheme.
SNP’s Stephen Flynn warns ‘patience growing thin’ over carbon capture delays
SNP Westminster leader Stephen Flynn is heaping pressure on UK government ministers to give clarity on carbon capture investment for the north-east.
Greta Thunberg joins protestors in London in a stand against Rosebank
Greta Thunberg has joined her fellow protestors in London to make the demand that the UK Government rejects the controversial Rosebank oil field.
Sunak Signals Readiness to Soften Green Policies After Election
Rishi Sunak said he would delay or abandon environment policies if they led to direct costs on consumers, as senior Conservatives pressure his UK government to rethink its strategy following elections last week.
Shapps argues for granting ‘every single conceivable licence to the North Sea’
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.
Shell and SSE bosses join PM’s business council
The chief executives of Shell and SSE have been named as two of the 14 members of Rishi Sunak’s business council.
Green MP says Rosebank electrification via Shetland windfarm would reduce energy security
The Green Party MP Caroline Lucas has claimed the electrification of the proposed Rosebank oil field from the Viking windfarm would harm energy security.
Mind the gap: Why it’s time for a higher bar on UK battery safety legislation
The UK’s transition to renewable energy is well underway and we’re moving at pace towards our net-zero goals.
Windfall tax price floor ‘could have wildly different bearings’ on North Sea players
"Most projects would benefit if the EPL is removed, but long-lead time projects could look worse."
Climate groups call for action after government gives Wood £430m loan
Wood (LON: WG) has expanded its hydrocarbons business while reducing its work in renewables following a £430m government-backed “green transition loan”.
Yousaf slams UK Gov for ‘vague promises’ over CCS timetable
Scotland’s First Minister has taken aim at the UK Government over the lack of movement on carbon capture and storage (CCS).
Lithium mega-battery sites need safety rules to avoid fires, ex-minister warns
Huge new energy storage sites across the UK need better regulation to prevent the risk of "toxic" fires, a Conservative former minister has said.
MPs laugh at Graham Stuart’s net zero comments
An energy minister was met with laughter from the opposition benches when he told the Commons the rest of the world is "playing catch-up" with the UK when it comes to net zero.
Government reforms its flagship renewables scheme as it looks to boost investment
The UK government has set out a reform to its contracts for difference scheme as it hopes will drive investment in the country’s renwables sector.
Miliband fears ‘boulevard of broken dreams’ from UK Gov ‘Green Day’ plans
The UK Gov announcement - currently slated to take place in Aberdeen, though that could change - is expected to include plans on CCS and the windfall tax.
Warning for offshore wind workforce as immigration rules come to an end
The UK is a world leader in offshore wind and the sector is expected to create 800,000 jobs by 2030, however, who will fill those roles?
Back to work budget’s omission of IR35 ‘smacks of irony’
Chancellor Jeremy Hunt’s Spring Budget focussed heavily on getting people into work, however, glossing over the issue of IR35 reforms “smacks of irony”.
Harbour Energy eyes $40 million savings per year from Aberdeen job cuts
Harbour Energy CEO Linda Cook talks job cuts, EPL and whether the firm would move its listing out of London.
North Sea windfall tax could hit Ithaca’s Cambo FID timeline, according to reports
The UK's fiscal landscape means a final investment decision (FID) on the controversial West of Shetland Cambo project could be kicked down the road.
M&A expert brands UK ‘one of the most unstable’ economies for doing energy deals
There are claims Westminster’s fiscal interventions have made the UK “one of the most unstable economies” for energy investments.
UK green energy sector ‘in the balance’ with ‘multi-billion pound’ projects at risk
Westminster’s intervention in the electricity market risks “mothballing a series of multi-billion pound” green energy projects, a major investor has warned.
Potentially ‘over 300’ unexplored North Sea discoveries at risk due to windfall tax uncertainty
Hundreds of North Sea oil and gas discoveries could be abandoned as companies battle with uncertain headwinds.
UK could save over £100bn by focussing 100% on renewables, report claims
The UK could save “well over £100 billion” on the road to net zero by pursuing a “100% renewable energy mix”, according to a new report.