LNG fleets to overtake oil supertankers in global gold rush June 14, 2023 There will be more LNG ships than oil supertankers within the next five years, according to the latest findings from Global Data.
Government needs to do more to win over North Sea oil and gas firms wounded by windfall tax June 14, 2023 The government has made the North Sea's investment climate inhospitable for smaller oil and gas firms, warned a leading energy trade association.
What the Windfall?! Debunking what just happened and why the industry’s not happy June 9, 2023 The government has made changes to the Energy Profits Levy - known as the windfall tax - here's what it means.
Softened windfall tax not enough to turn tide on falling North Sea investment, Hunt warned June 9, 2023 The government needs to do more than soften the windfall tax to reassure troubled North Sea oil and gas companies warned OEUK.
Government eases windfall tax to protect North Sea oil and gas projects June 9, 2023 The government has softened the windfall tax in a bid to soothe industry concerns over the UK’s investment climate in the North Sea.
Labour government could deter investment in new energy projects, report warns June 6, 2023 Some $30bn (£24.2bn) of investment in new UK energy projects is at risk if Labour wins the next election, a top energy consultancy has warned.
Starmer vows to ramp up ‘critical’ nuclear power as he fleshes out party’s energy plan June 5, 2023 Labour leader Sir Keir Starmer has lent his support to the UK’s nuclear industry calling for a vast ramp-up in projects.
Energy sector needs ‘plans not bans’, says GMB union chief June 5, 2023 Gary Smith, GMB general secretary, warned it would be a “huge mistake“ to put all the nation’s eggs in one energy basket.
Rosebank delay: Approval for North Sea’s largest undeveloped oil field could drag into summer June 5, 2023 The approval process for the North Sea's largest undeveloped oil and gas could drag on into the second half of the year.
Labour’s plan to wind down oil and gas extraction is ‘naive’ and risks ‘cliff edge’ for production, union chief warns June 4, 2023 Labour’s energy plans are “naive” and the party risks creating a “cliff edge” for production, a union chief has warned.