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Energy

  • North Sea oil workers begin ‘biggest offshore stoppage in a generation’

    April 24, 2023

    North Sea oil workers have begun the “biggest offshore stoppage in a generation”, with 48-hour strikes on oil and gas rigs.

  • BP: Activist investor urges toughening up of climate agenda – as pressure builds on energy giant’s chair

    April 24, 2023

    Follow This has urged investors to back its proposals to toughen BP's climate agenda amid intense pressure on its chairman Helge Lund.

  • Roaring into action: Lion link between UK and Netherlands set to power 1.8m homes

    April 24, 2023

    A new power line between UK and the Netherlands will deliver enough electricity to “power more homes than Manchester and Birmingham.

  • Glencore’s Teck takeover saga shows coal is just too hot to handle

    April 24, 2023

    Glencore's struggles to win over Teck's shareholders suggest that coal might be too hot for climate-focused investors to accept.

  • Investors snub Sizewell C nuclear power station despite ‘sustainable’ status

    April 23, 2023

    The government is struggling to attract investors to the £20bn Sizewell C nuclear power station, according to a report.

  • North Sea countries to pledge massive ramp up of wind energy

    April 22, 2023

    Energy ministers from European countries surrounding the North Sea will pledge to quadruple offshore wind energy capacity.

  • EU gas supplies in strong shape after winter of mass rationing

    April 20, 2023

    The EU has emerged from winter with its energy supplies in robust shape, with storage levels above average and gas prices falling.

  • BP chairman at risk of being ousted in shareholder revolt

    April 20, 2023

    BP chairman Helge Lund is at risk of being ousted in a shareholder revolt, with five pension schemes set to vote against his re-election.

  • Interview: Ovo Energy’s boss bets on green future to cement Big Six status

    April 20, 2023

    Ovo Energy’s CEO Raman Bhatia talks about the sector’s latest challenges, from driving renewable energy to rethinking forced prepayment meters.

  • North Sea industry blames windfall tax for sharp declines in oil and gas production

    April 20, 2023

    The UK's North Sea industry is set for a steep decline in production and capital expenditure, according to the latest data from NSTSA.

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