Rosneft’s quarterly profits rise to $4bn as Russian state energy giant hikes output May 31, 2023 The first-quarter profit of Russia's largest oil producer Rosneft rose by 45.5 per cent from the previous three months to $4bn.
Just Stop Oil offer nothing in the debate over our energy future May 31, 2023 The UK’s energy future and, environmental goals are debates of real consequence, and Just Stop Oil should no longer featured in it.
North Sea oil and gas projects essential to UK’s energy future, warn academics May 31, 2023 Halting future investment in North Sea oil and gas projects jeopardises the UK's supply security and net zero ambitions.
Only four water companies fined by watchdog over sewage spills May 30, 2023 The Environment Agency (EA) fined just four water companies for breaching an overflow permit that they used to dump sewage into rivers and the sea between 2018 and 2022 despite over 300,000 sewage spill incidents, the Financial Times has reported. According to official data obtained through a Freedom of Information request submitted by the FT, [...]
Drax under fire over US wood pellet plant breaking air pollution rules May 30, 2023 Drax insists it takes environmental responsibilities "very seriously" after a watchdog uncovered it had been breaching pollution laws.
Rooftop solar installations will rise to record 1.47m as Brits try to beat high energy costs May 30, 2023 More residential and small-scale commercial rooftop solar power installations are expected to be made this year than ever before.
Oil prices wane as US races to secure deal over debt ceiling May 30, 2023 Both major oil benchmarks dipped this morning as fears over the sustainability of the US debt ceiling made investors more cautious.
FTSE 350 firms could face double the cost to offset carbon by 2030 May 30, 2023 The cost of carbon offsetting could more than double for businesses by the end of the decade, according to new research. A report published by PwC found that FTSE 350 companies reported £38m in voluntary carbon offset purchases in 2022, but that this could increase by over 256 per cent to £135m within a decade. [...]
Labour ‘may as well hand out dole notices’ after North Sea oil ban plans May 29, 2023 LABOUR were accused of undermining the UK’s energy security after it emerged the party was considering banning new North Sea oil and gas licences, should it win the next election. Reports in the Sunday Times suggested that Keir Starmer and his shadow chancellor, Rachel Reeves, were minded to block any new development in what remains [...]
Labour ‘set to rule out’ all further North Sea oil and gas projects May 28, 2023 New North Sea oil and gas developments will reportedly be blocked under a Labour government. Labour leader Sir Keir Starmer is on the verge of announcing the block when he sets out his net-zero energy policy in Scotland next month, The Sunday Times said. As part of the energy plans, the newspaper reported a Sir [...]