Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Trade sanctions on Israeli settlements attacked as ‘performative’

      Ed Miliband speaking at dispatch box in the House of Commons, with other Members of Parliament seated behind him.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      RFU left waiting on Twickenham gig planning meeting after NIMBY opposition

      Rugby players on the field with a packed stadium, England vs. Ireland match displayed on screens.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • City AM Puzzles
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Open House Festival: The best guided walks in the Square Mile

      Barbican Centres Lakeside Terrace bustling with SXSW attendees, capturing the vibrant intersection of arts and technology.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • OneCity
  • Newsletters
  • Latest Paper

Jackdaw

  • INEOS boss: North Sea decommissioning is ideological and destructive

    Opinion

    From 2029, decommissioning spending will overtake capital investment in the North Sea. This is economic self-harm, writes Brian Gilvary.

    Offshore oil rig platform with illuminated facilities and a long gangway over choppy North Sea waters.
  • Britain should back the North Sea if it wants energy security and net zero

    Opinion

    The UK cannot afford to talk up growth, jobs and energy security while turning its back on the domestic resources it still needs, writes David Whitehouse Britain faces a simple choice. While we still need oil and gas, do we produce more of it here, supporting jobs, investment, energy security and lower production emissions, or [...]

    Oil prices have risen as Israel and Iran tensions escalated.
  • Burnham to approve North Sea oil and gas drilling in policy blitz

    Politics

    Incoming prime minister Andy Burnham is set to announce new drilling for oil and gas in the North Sea within days of taking office as part of a policy blitz, according to reports. Burnham’s team has asked the civil service to draw up plans to approve drilling projects at the Jackdaw gas field and Rosebank [...]

    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • Starmer eases sanctions on Russian oil despite calls to ramp up North Sea drilling

    May 20, 2026

    Keir Starmer is to allow Russian imports of diesel and jet fuel in a major softening of what has been a hardline stance towards Russia since its invasion of Ukraine in 2022. A licence issued on Wednesday will allow such products to enter the UK “indefinitely”, as long as the oil has been refined in [...]

  • CBI chief calls on Miliband to approve Jackdaw and Rosebank oil fields

    April 15, 2026

    The boss of Britain’s largest industry body has called on the government to green-light extraction from two major North Sea oil fields and slash the windfall tax on domestic oil production in a bid to revitalise the country’s ailing oil and gas industry. CBI chief Rain Newton Smith said the North Sea was a “critical [...]

  • Miliband slammed for net zero sprint as high costs hamper businesses

    April 10, 2026

    Labour-linked researchers have slammed Ed Miliband’s net zero drive as the UK’s sky-high energy costs have come under intense scrutiny due to oil trade disruptions from the war in Iran and OpenAI’s decision to put a landmark data centre project in the UK on. Researchers at the Tony Blair Institute blamed the UK government’s dithering [...]

  • Miliband to bow to pressure on North Sea drilling 

    April 3, 2026

    Energy secretary Ed Miliband is poised to bow to significant pressure to allow drilling in the North Sea to counter collapsing fuel supply chains and soaring energy costs. Miliband is planning to give the green light to the Jackdaw gasfield, which could supply gas to more than a million homes this winter. This would be [...]

  • Donald Trump slams North Sea oil taxes that ‘make no sense’ 

    July 29, 2025

    US President Donald Trump has slammed the UK for its high taxes on North Sea oil, which he described as a “TREASURE CHEST” for the UK.  In an early morning post on Truth Social, Trump said the UK could cash in its oil reserves near Scotland, where Trump opened a new 18-hole course at the [...]

  • PMQs: Badenoch says businesses ‘abandoning North Sea’ due to Starmer

    February 5, 2025

    Businesses are “abandoning the North Sea” because of Sir Keir Starmer’s decisions, Kemi Badenoch has claimed at PMQs, as he she criticised the “signal he is sending to investors”. Her comments came after a Scottish court ruled that green lighting the Rosebank and Jackdaw oil and gas fields was unlawful, following a court battle brought [...]

  • Rosebank: Britain’s future ‘not in more oil and gas’, energy minister warns

    February 4, 2025

    The UK’s future “does not lie in more oil and gas”, an energy minister has told MPs, just days after a court ruled against consent for two new fields in the North Sea. A judge last week upheld a legal challenge by environmental campaigners against the decision to grant consent to two new oil and [...]

Posts pagination

  • Page 1
  • Page 2
  • Next

Trending Articles

  • Hedge fund billionaire Chris Rokos joins UK wealth exodus 

  • Iceland boss Richard Walker vows to set up shop on Falkland Islands

  • Britain ‘taxing itself to death,’ Burnham warned

  • Tesco and Boots lead 100,000 jobs pledge to tackle Neets crisis

  • £74m for branded condoms? UK must stop spaffing cash on foreign aid

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited