Will Rosebank improve the UK’s energy security? September 28, 2023 Regulators yesterday gave the green light to start drilling at the largest untapped fossil fuel field in the North Sea - but will it boost the UK's energy security?
SSE launches £15m energy bill support fund for businesses as winter looms September 28, 2023 SSE has launched a £15m support fund to ease the pressure on businesses struggling with ultra-high energy bills this winter.
Rosebank’s approval sends oil shares soaring and triggers green backlash September 28, 2023 Plans to develop the UK’s largest untapped oil and gas field were approved by regulators yesterday – sending shares in its backers soaring and triggering a wave of green criticism.
Ineos boss Sir Jim Ratcliffe slams UK’s ‘total lack’ of energy policy September 27, 2023 Ineos boss Sir Jim Ratcliffe has hit out at what he sees as the UK’s “total lack” of an energy policy, which he branded “completely irresponsible”.
Rosebank: Climate campaigners prepare legal action against oil and gas field September 27, 2023 Climate campaigners have vowed to take legal action against the government, following the approval of Rosebank this morning.
Rishi Sunak backs Rosebank oil and gas field: We don’t reach net zero by ‘wishing it’ September 27, 2023 Prime Minister Rishi Sunak has backed the approval of Rosebank, the UK's largest undeveloped oil and gas field in the North Sea.
North Sea oil and gas industry ripe for M&A activity but constrained by lack of cash September 27, 2023 The North Sea is ripe for takeovers with multiple oil and gas assets up for grabs, but the lack of finances means few players will benefit.
UK signs pact on hydrogen development with Germany September 27, 2023 The UK has partnered with Germany to advance hydrogen development in a bid to boost international trade, jobs and investment. Energy efficiency and green finance minister Lord Martin Callanan visited the European country to sign the agreement with Germany’s state energy secretary Philip Nimmermann. At the UK embassy in Berlin, the two nations agreed to [...]
Drax suffers share price scare after shorting schemes unveiled September 26, 2023 Drax's share price has endured a wild journey on the London Stock Exchange today, with backers seemingly spooked.
Yu Group boss: Big Six energy rivals ‘should be worried’ by challenger’s bumper results September 26, 2023 The boss of fast-growing challenger supplier Yu Group believes the Big Six "should be worried" by his company's success.