Burnham complains Jackdaw and Rosebank approval delayed by ‘government process’ Energy Approval for more oil and gas drilling at the North Sea sites Jackdaw and Rosebank have been delayed by “government process” and lengthy bureaucratic wrangling, Prime Minister Andy Burnham has said. Burnham told MPs that he would take a “pragmatic approach” on oil and gas drilling amid calls from energy bosses for drilling to go [...]
UK ‘uninvestable’ if North Sea projects are blocked Energy The UK will be uninvestable in the eyes of most energy companies if the government blocks the Jackdaw and Rosebank oilfields in the North Sea, the boss of Norway’s state-run oil and gas firm has warned. Equinor chief Anders Opedal said his firm could pull out of future projects in the UK if the two [...]
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.
Britain should back the North Sea if it wants energy security and net zero August 14, 2026 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 [...]
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 [...]
The climate activist case for continued drilling for fossil fuels August 29, 2025 A pragmatic energy transition requires maintaining domestic oil and gas production as a strategic bridge to a renewable future, in order to prevent higher emissions from foreign imports while securing national energy sovereignty, says Callum Adamson “Drill, baby, drill” is not something you’d expect a ‘climate activist’ to say. You probably wouldn’t hear it from [...]
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 [...]
Melrose founders’ Rosebank strikes £1.4bn deal June 6, 2025 Rosebank Industries, the investment vehicle led by Melrose founder Simon Peckham, has struck a £1.4bn deal for a North American electrical components business. The acquisition of Electrical Components International (ECI), the company’s first, will be financed through debt facilities and a £1.14bn capital raise at an issue price of £3 per share. Peckham, a veteran [...]