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Energy

  • Licensing round launched for new North Sea oil and gas projects

    October 7, 2022

    The latest licensing round for oil and gas projects has been launched, paving the way for new developments in the North Sea.

  • Sweden confirms detonation caused ruptures across Nord Stream pipeline

    October 6, 2022

    Sweden's investigation of the Nord Stream pipelines have bolstered suspicions of "gross sabotage" involving detonations.

  • It will (probably) be alright: National Grid says winter blackouts are ‘unlikely’

    October 6, 2022

    The UK should avoid blackouts this winter, according to the National Grid, with sufficient supplies available to meet Brits' energy needs.

  • Exclusive: Manufacturing sector lacks clear data for net zero drive

    October 6, 2022

    A lack of shared reporting standards for carbon emissions across industry could jeopardise the UK’s net zero ambitions.

  • UK likely to avoid blackouts this winter with LNG boost, says National Grid

    October 6, 2022

    The UK should have sufficient gas supplies to meet its energy needs this winter, revealed the National Grid, despite fears over blackouts.

  • UK net zero ambition needs “huge engagement” from SMEs

    October 6, 2022

    Small businesses are keen to play their part in the UK’s journey to reach net zero by 2050 but decarbonising is complicated and expensive. It will be impossible to reach the UK’s net zero by 2050 goal without “huge engagement” from the UK’s 5.7 million Small to Medium Enterprises (SMEs), says Chris Hocknell, director of Eight Versa, [...]

  • Household support package could cost £140bn, warns Cornwall Insight

    October 5, 2022

    The Government’s support package to ease soaring household energy bills could climb as high as £140bn, warned Cornwall Insight.

  • OPEC+ finalises heavy oil output cuts in bid to boost sliding prices

    October 5, 2022

    The world's most influential oil cartel, OPEC+, has agreed to its deepest cuts in production since the pandemic.

  • Offshore workers back North Sea strikes over pay dispute

    October 5, 2022

    Hundreds of offshore workers will go on strike for ten days between now and the end of the year following an escalating dispute over pay.

  • EU Commission urges member states to agree gas price cap

    October 5, 2022

    Ursula von der Leyen will push eu leaders to reach an agreement for a gas price cap following weeks of disagreements.

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