CNOOC denies plans for $3 billion UK North Sea exit
CNOOC has brushed aside recent media reports that the firm is considering withdrawing from oilfield investments in the UK North Sea, the US and Canada.
UK
UK Government expects to stop importing Russian gas by end of year
The UK Government expects Britain can stop importing Russian natural gas before the end of the year, sooner than expected, a person familiar with the matter said.
Pioneering Spirit arrives to remove Ninian Northern jacket
The giant heavy lift vessel Pioneering Spirit has arrived on site to remove the jacket of the Ninian Northern field.
UK fuel supplies disrupted by environmental protestors
Low-level disruptions to fuel supply for UK service stations continued Monday as environmental protestors remained locked to energy infrastructure.
Energy Independence Day: What to expect from the UK’s Energy Security Strategy
With the UK’s energy security strategy due for publication on Thursday, Energy Voice pulls together the likely outcomes.
Energy hierarchy? Security of supply is coming out on top
I recently heard a BBC Scotland reporter state, almost as a throw-away “fact” about energy problems arising from the Ukraine war, that Scotland is, of course, unaffected because we produce more power than we consume.
Orsted strikes £3 billion sale of 50% of world’s largest wind farm Hornsea 2
Orsted has struck a £3 billion deal to sell a 50% stake in Hornsea 2, soon to become the world’s largest offshore wind farm.
North Sea recruitment market ‘heating up dramatically’
As we emerge from the pandemic, with a rapidly rising oil price and a recognition that oil and gas are vital to security of domestic supply, delayed projects are coming back on stream and new ones are being sanctioned.
Aberdeen heating firm cuts ties with Gazprom
The company behind the low-cost district heating scheme in Aberdeen is to terminate its contract with Russian state-owned Gazprom.
Shell to invest up to £25 billion in UK energy system over next decade
Shell has announced it will invest up to £25 billion in the UK energy system in the coming years.
UK faces £4 billion bill if government has to bail out Gazprom
UK taxpayers could face billions of pounds in costs if the government ends up nationalising a unit of Gazprom PJSC that supplies about a fifth of the country’s commercial gas.
Bigger Faster Better #3: Offshore wind heavyweights: the UK and Denmark
The UK and Denmark are widely considered the titans of the offshore wind industry and the third episode of Bigger Faster Better explores the outlook for this low-carbon technology as the global energy transition gathers pace.
European energy prices soar as Russia seeks rubles for its gas
European energy prices surged after President Vladimir Putin said Russia will demand payments in rubles from natural gas buyers it deems “unfriendly.”
North Sea dodges windfall tax – but Treasury’s oil and gas receipts head for highest in over a decade
The North Sea has dodged calls for a windfall tax, but Treasury receipts from the sector are set to surge to their highest in over a decade.
BP seeks sale of Foinaven field in West of Shetland
BP is seeking to sell its beleaguered Foinaven field in the west of Shetland, according to a news report.
Petrofac awaits outcome of £127 million HMRC court battle
Petrofac (LON: PFC) is awaiting the outcome of a £127 million court battle with HMRC, and said a portion of the costs could land on its customers.
BP invests £3m in drone firm FlyLogix following North Sea methane trials
BP has invested £3m into unmanned aviation firm Flylogix following methane monitoring trials in the UK North Sea.
Report: Rich nations including UK ‘must end oil and gas by 2034’
Rich countries must end oil and gas production by 2034 to keep the world on track for the Paris Agreement climate change target and give poorer nations longer to replace their income from fossil fuels, a new report says.
Op-ed: Andy Samuel on the OGA becoming the North Sea Transition Authority
April Fools’ Day is nearly here but jokes and pranks will be far from people’s minds.
Industry reaction as OGA rebrands to NSTA
The Oil and Gas Authority (OGA) has made a rebrand to the North Sea Transition Authority - here's the industry reaction to the move.
Windfall tax? Here’s the Chancellor’s Spring Statement options next week
An oil and gas windfall tax is one of several options on the table for the Chancellor's UK Spring Statement next week.
‘Significant loss’ of competition from CHC Babcock merger – watchdog
The market watchdog has said that the takeover of Babcock Aviation by CHC Helicopters would lead to a “significant loss” of competition in the North Sea, as its final decision looms.
PM can boast no oil commitments during ‘dictator to dictator’ trip to Saudi
Boris Johnson appeared to win no oil commitments from Saudi Arabia as he defended himself from allegations of going from "dictator to dictator" to find new fuel sources after the Russian invasion of Ukraine.
Maersk Drilling lands UK North Sea gig worth $16.9m
Maersk Drilling has been awarded a contract worth $16.9 million (£12.9m) in the UK North Sea.
UK exploring using coal to help keep lights on next winter
The UK held exploratory talks with Electricite de France SA about the possibility of keeping the West Burton A coal-fired power plant generating beyond the end of September, when it’s due to close.