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UK Oil and Gas Investments

  • Just Stop Oil offer nothing in the debate over our energy future

    NICHOLAS EARL

    The UK’s energy future and, environmental goals are debates of real consequence, and Just Stop Oil should no longer featured in it.

  • North Sea oil and gas projects essential to UK’s energy future, warn academics

    NORTH SEA

    Halting future investment in North Sea oil and gas projects jeopardises the UK's supply security and net zero ambitions.

  • Enough with excuses, energy suppliers must up their game

    nicholas earl

    Ofgem will meet this week to establish the latest update to the quarterly price cap, with energy super-forecasters Cornwall Insight predicting a sharp drop from £3,280 per year to £2,053 per year – meaning a potential 30 per cent plus reduction in household energy bills this summer. While this is still double  pre-energy crisis trading [...]

  • BNP Paribas stops financing new oil and gas fields in green clampdown

    May 11, 2023

    BNP Paribas has announced it will no longer provide any financing dedicated to new oil and gas fields as it shifts to a net zero world.

  • Sunak backs North Sea oil and gas sector in grilling over Rosebank field

    May 10, 2023

    Prime Minister Rishi Sunak has backed continuing North Sea oil and gas production, arguing that the UK still needs fossil fuels.

  • Windfall tax will hurt UK’s climate ambitions, oil boss warns

    May 4, 2023

    The windfall tax will make the UK more reliant on carbon-intensive imports to meet its energy needs - warned the boss of Ithaca Energy.

  • Windfall windbags: Labour calls for tougher tax after BP profits

    May 3, 2023

    Windfall tax-backing politicians were described as “completely out of ideas” after calling for the levy to be toughened up.

  • BP unveils further bumper profits as oil and gas price hikes continue to fuel energy giant’s earnings

    May 2, 2023

    BP has unveiled its second-highest first-quarter profit in more than a decade, posting healthy earnings over its first three months of trading.

  • Analysis: BP, Shell will need to show investors plans for profit as oil prices slide

    April 28, 2023

    With oil and gas prices lower, business acumen and strategy will begin to have more of an influence over the bottom line of energy giants.

  • BP staves off activist rebellion as embattled chairman keeps his seat

    April 27, 2023

    BP has convinced shareholders to back its climate agenda, fighting off pressure from activist investors at its AGM today.

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