Green investor Andrew Forrest threatens to quit UK after Sunak pledges new oil and gas August 1, 2023 A major green technology investor has threatened to take his money out of the UK, after the government announced fresh oil and gas licensing.
BP suffers second-quarter downturn but profit still tops £2bn August 1, 2023 Weaker refining margins and falling oil and gas prices has weighed down BP's profits in the second quarter of 2023.
Trade bodies back government’s embrace of North Sea oil and gas industry August 1, 2023 Trade bodies across the energy industry has welcomed the government's decision to support the North Sea's oil and gas sector.
Government confirms new taskforce to ramp up nuclear skills August 1, 2023 The government has announced a new taskforce geared towards boosting skilled workers in the defence and civil nuclear sectors.
Glencore snaps up Pan American’s stake in Argentine copper project in $475m deal July 31, 2023 Pan American Silver Corp will sell a 56 per cent stake in a copper project in Argentina for $475m to Swiss commodities giant Glencore.
Labour slams Rishi Sunak’s plans to boost North Sea oil and gas July 31, 2023 Rishi Sunak's energy policies are "weak and confused" and will "not take a penny off bills", said shadow climate secretary Ed Miliband.
Government backs carbon capture and storage to meet net zero goals and boost North Sea industry July 31, 2023 The government has announced the latest winners of its carbon capture and storage approval process.
Why the windfall tax is here to stay after today’s bombshell oil and gas announcements July 31, 2023 The government has work to do if it wants to convince the North Sea oil and gas sector over its energy plans.
Sunak bids to woo North Sea industry with hundreds of new oil and gas licences July 31, 2023 Sunak has pledged hundreds of new oil and gas licences, two new carbon capture clusters and review on the sector's tax regime
Ofgem risks losing public trust after British Gas’ profit bonanza July 31, 2023 Four years of heavy losses and instability in the energy industry were upended last week when British Gas posted record profits.