Government accused over China trade links as minister visits steel crisis plant
Ministers have been accused of prioritising trade links with China over support for the UK steel industry as Sajid Javid prepares to meet steelworkers in Port Talbot.
UK
UK Government rules out nationalising steel industry
The Government has ruled out nationalising the steel industry to tackle the threat of thousands of job losses after the Prime Minister admitted there were no guarantees of resolving the current crisis.
Drop in UK greenhouse gas emissions as renewables show ‘incredible growth’
The UK’s greenhouse gas emissions fell below 500 million tonnes for the first time last year, as renewables hit a record 25% of the power mix, official figures show.
Falkland sovereignty issue hits oil company share prices
A UN Commission recommendation to expand Argentina's waters to include those around the Falkland Islands hit shares in oil and gas companies with interests in the South Atlantic.
UK plays down reports over UN Argentina ruling
The UK has played down reports that a United Nations commission has ruled that Argentina’s territorial waters should be extended to include the Falkland Islands.
INEOS to move its headquarters back to UK
INEOS plans to move its headquarters back to the UK – after six years in Switzerland.
Aberdeen MP calls on UK Government to boost exploration confidence
Aberdeen MP Kirsty Blackman has pressed the UK Government to outline what further action is planned to encourage confidence and exploration in the North Sea.
UK Government ‘more concerns about cheap coal than child labour behind it’
The Government has been accused of showing more concern about the UK securing cheap coal than the use of child and slave labour to produce it.
Government’s approach to home energy efficiency ‘truly shocking’, Ace says
The Government has been accused of endangering lives by failing to give more support for home energy efficiency.
Hurricane Energy appoints new CFO
Hurricane Energy has strengthened its team with the appointment of a new chief financial officer.
Budget 2016: North Sea oil industry set for tax cuts in Osborne’s UK budget
U.K. oil producers, beset by low crude prices and some of the highest operating costs in the world, are likely to get some respite Wednesday when Chancellor of the Exchequer George Osborne sets out his annual budget.
Green Investment Bank to be sold by government
The Green Investment Bank is to be sold off by the Government in a bid to drive more private money into green energy projects. The Government will fire the starting pistol on the sale on March 3 when it invites private investors to express an interest.
Oil & Gas UK signs MOU with EEEGR
Industry body Oil & Gas UK has signed an MOU (Memorandum of Understanding) with the EEEGR (East of England Energy Group) looking to develop a closer relationship to help the promote the interests of members.
Nigerians sue Shell in UK court over oil spill pollution
Tens of thousands of Nigerian fishermen and farmers are suing multinational oil giant Shell in two new lawsuits in a British court alleging decades of uncleaned oil spills have destroyed their lives.
Michie: Lessons to be learnt from ‘tight ship’ of southern North Sea
The chief executive of Oil & Gas UK today called on the wider industry to learn lessons from the historically “tight ship” run in the southern North Sea.
More payments for energy firms to secure winter supplies
Energy companies are set to receive more payments to keep the lights on over winter in the face of coal plant closures.
Norvento begins construction of 200kW wind turbines
Norvento has begun construction on a 200kW twin turbine site at Shoreham Port on the UK’s South Coast.
Protests at claims ‘engineering construction firms undercutting non-UK workers’
Protests are to be held across the country amid claims that engineering construction firms are undercutting non-UK workers.
UK wind energy hits record high
UK wind-energy production hit record levels during the final quarter of 2015, new figures show.
Shell completes BG takeover
Shell has completed its $68.2billion merger with BG Group which will now be delisted from the London Stock Exchange.
Union Jack Oil commences drilling from Laughton-1 well
Union Jack Oil said it has commenced drilling operations at the Laughton-1 well in the East Midlands.
RSK looks to expand graduate program in UK and Middle East
RSK Group plans to expand its graduate program this year and beyond.
PM claims full fiscal devolution would have caused “financial calamity” for Scotland
Prime Minister David Cameron has claimed Scotland would have been weeks away from a "financial calamity" if full fiscal devolution had been given to the country. Cameron said new funding arrangements for Scotland needed to be completed in a "fair and reasonable way" after the SNP asked why the UK Treasury was proposing plans that may cost Scotland £3billion.
Conman who committed AllSeas fraud jailed
A conman posing as a millionaire London trader who defrauded a Dutch shipping company of 100 million euros ($113 million) was sentenced to 14 years in prison by a UK court.
Shell sells stake in North Sea field
Shell has sold its stake in the UK North Sea Maclure oil and gas field to Nobel Upstream.