Starmer says he doesn’t hold power to approve North Sea projects Politics Sir Keir Starmer has said he doesn’t hold legal powers to approve fresh exploration of North Sea oil and gas fields, with the decision falling in the hands of net zero secretary Ed Miliband. Starmer said current legislation determined that a quasi-judicial decision relating to cases for more gas extraction at Shell’s Jackdaw site and [...]
Mark Kleinman: Hold the Telegraph front page – then hold it some more Opinion Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles the Telegraph bid, Mike Ashley’s failed Boohoo approach and an oil deal in the North Sea I suspect you’d have got long odds on January 1 on the auction of The Daily [...]
Future of Rosebank in doubt as UK drops challenge to judicial review Energy The future of Britain’s largest untapped oil field, Rosebank, has been thrown in to doubt after the new government said it would not challenge a judicial review. The decision affects the field which is just off the Shetland Islands, as well as Jackdaw, another untapped site 150 miles east of Aberdeen. Legal challenges against the [...]
Eco activists calling for literature festival boycotts should read a book May 20, 2024 Writers signing a letter calling on book festival sponsor Baillie Gifford to divest from fossil fuels exhibit a lazy habit of mind that has no place in literature, says Alys Denby The arts should always be anti-establishment. Only an autocracy would demand that all its creative output mindlessly cohered to the values of the regime. [...]
Balfour Beatty: Key projects with BP, Equinor and Rolls-Royce help construction giant trade in line May 9, 2024 Balfour Beatty is forecasting an increase in profit and earnings in 2024 as progress continues on several major UK projects.