Labour turns up the heat on Rosebank oilfield
Labour has urged the new UK business secretary to shut down the Rosebank oilfield before it begins production.
UK Government
Millions of pounds of green investment at risk due to generator windfall tax, says trade body
It is feared millions of pounds worth of renewables investments are at risk as a result of the controversial electricity generator levy (EGL).
UK has just five years to secure green manufacturing investment – think tank
The UK has five years to secure investment in green industries or risk missing out forever, a think tank has warned.
R&D spend relief increase a boost to UK’s energy transition, says expert
An innovation expert has welcomed a move to up the incentive for big business to spend on R&D, saying it could be a boon in the UK’s quest to be a leader in the energy transition.
Treasury takings from oil and gas could hit all time high in 2023-24
Prolonged high oil and gas prices and the new windfall tax mean the UK Government could soon set a new record for tax receipts from the sector.
‘Pie in the sky’ to say fossil fuels not part of energy transition – Sunak
Rishi Sunak said it is "pie in the sky" to pretend fossil fuels will not be part of the UK's transition to low carbon sources.
UK Government to join Global Offshore Wind Alliance
The UK is poised to join a coalition committed to accelerating the deployment of offshore wind worldwide.
New questions arise on decom fate for controversial Shell Brent legs
Fresh questions have risen on whether Shell will be allowed to leave the huge legs of the Brent field in the North Sea.
Grant Shapps named as Secretary for Business and Energy
MP for Welwyn Hatfield and former Home Secretary, Grant Shapps, has been named Secretary of State for Business Energy and Industrial Strategy in Rishi Sunak's cabinet.
Good news for Acorn as UK Gov pledges to accelerate ‘Track 2’ of CCS process
A government minister has pledged to accelerate the second phase of the UK’s carbon capture and storage (CCS) rollout.
Rishi Sunak to become prime minister after winning Tory leadership race
Rishi Sunak has been confirmed as the new Tory leader and will become Britain’s next prime minister.
A quitter not a fighter: Liz Truss steps down as Prime Minister after only 44 days
Prime Minister Liz Truss has resigned as prime minister after facing an open revolt from her MPs, following a tumultuous 24 hours.
UK Gov rolling out new powers to uncouple price of gas and renewables
Westminster is rolling out new powers in a bid to severe the link between the price of gas and renewables.
UK expands Kwarteng’s energy price cap to cover more businesses
The UK Government has expanded its energy subsidy program for businesses to cover contracts signed as far back as December last year.
Liz Truss opposes solar panels on farmland, Downing Street says
Liz Truss opposes the installation of solar panels on productive agricultural lands, Downing Street has said, amid reports that ministers are seeking to restrict the development of solar projects on farms in England.
How will the 33rd licensing round work?
The long-awaited 33rd offshore oil and gas licensing round officially launches today.
Government to fast track five North Sea oil and gas fields, including Cambo and Murlach
A handful of North Sea oil and gas schemes have been included in a list of infrastructure projects the UK Government is aiming to fast track.
North Sea oil and gas emissions down more than 20% since 2018
Fresh analysis has spotlighted the headway the North Sea oil and gas industry is making in its quest to slash operational emissions.
UK winning majority of onshore decommissioning work, figures reveal
The majority of UK North Sea assets are being dismantled in Britain, new figures have revealed amid concerns of overseas yards winning decommissioning work.
UK Gov working to ‘break link’ between renewables and gas prices
Work is ongoing to “break the link” between the cost of gas and electricity prices in the UK, the prime minister has confirmed.
North Sea boss calls for an energy secretary in Liz Truss’ cabinet
The CEO of North Sea operator Spirit Energy has called for Liz Truss to appoint an energy secretary to her new government.
UK gas producers boost domestic supplies by a quarter in just six months
Gas companies have stepped up to the plate in recent months to help the UK cut its dependence on imports.
‘Oil Slicks’ group to protest outside Shell’s North Sea headquarters
A group of activists will demonstrate outside the gates of Shell’s North Sea headquarters in Aberdeen today.
‘Urgent action’ needed to ensure north-east is at heart of UK’s £100 billion CCS industry
Carbon capture and storage (CCS) could create and underpin thousands of green jobs in the north and north-east of Scotland in the coming years.
UK Government moves to boost green hydrogen amid soaring gas prices
The UK Government is moving forward with policies to ramp up its nascent green hydrogen industry that uses renewable energy as it seeks ways to reduce dependence on imports of natural gas.