Labour’s North Sea windfall tax plans branded a ‘blunt response’ that will hammer businesses across the UK August 22, 2024 The government’s plans for North Sea oil and gas are a “blunt response” that could jeopardise hundreds of thousands of jobs not just in the energy sector, several of the industry’s leading figures have warned. In an open letter to the Treasury, over 40 companies with operations in the North Sea voiced their “grave concern” [...]
Russian gas flooding Europe: New government should “seize the opportunity” to close loopholes in sanctions regime, warns lawyer July 2, 2024 A British business that trades in Russian liquefied natural gas by operating an "unusual ship", has not been breaching the sanctions put in places after the Russian invasion into Ukraine
Is Ithaca Energy’s £754m buy of Eni’s North Sea oil and gas assets a good deal? April 24, 2024 Dark clouds of political uncertainty and the green transition hang over Ithaca Energy's blockbuster £756m buy.
Fossil fuel generation of UK electricity hits all-time low April 24, 2024 Energy think tank Carbon Tracker today said that on Monday, April 15th, just 2.4 per cent of UK electricity came from fossil fuel sources.
Serica Energy chief: ‘High commodity price windfall long gone’ April 24, 2024 Serica Energy today announced its first share buyback programme, totalling £15m.
Top British court orders Gazprom unit to drop £387m Russian claim against Italian bank UniCredit April 23, 2024 The UK's highest court has upheld a decision that England has the right to block a Gazprom unit's Russian lawsuit against Italian bank UniCredit