Harbour Energy’s embrace of carbon capture reflects shift in North Sea industry aims September 18, 2023 Harbour has embraced CCS while staying away from oil and gas - reflecting the mood music across the North Sea.
Ofgem demands Ovo Energy tackles unresolved customer complaints August 21, 2023 Ofgem has ordered one of the UK's largest energy firms to improve its customer service after 'serious' concerns were raised.
Banks to snub Treasury meeting as UK oil and gas sector struggles for financing August 20, 2023 The UK’s oil and gas sector faces the growing prospect of a cash crunch, with the Treasury’s latest attempts to lure lenders unlikely to succeed.
Ofgem: “Broad and crude” energy price cap needs looking at August 15, 2023 Ofgem boss Jonathan Brearley has urged ministers to reconsider whether the "very broad and crude" price cap is still fit for purpose.
Oil price rally unlikely to hit $100 per barrel milestone this year, experts say August 14, 2023 Oil prices are unlikely to hit $100 per barrel this year despite a seven-week rebound and tightening supplies this year, experts predict.
Oil records seven weeks of gains despite IEA and OPEC’s differing demand outlooks August 13, 2023 Oil begins trading on Monday after recording seven consecutive weekly gains amid growing expectations of tightening supplies.
Neptune Energy lowers investment expectations amid ‘increasingly volatile’ commodity prices August 10, 2023 Neptune Energy has downgraded expectations for investment amid increasingly volatile commodity prices and sustained inflationary pressure.
Labour risks green investment climate with ‘wobbling’ over net zero, energy boss warns August 9, 2023 The Labour Party needs to "stop wobbling" and commit to the "significant economic and social opportunity" presented by net zero, the boss of Good Energy has warned.
Just Stop Oil’s demands are ‘contemptible’, says Starmer August 7, 2023 Just Stop Oil's demands to "turn off the taps in the North Sea" are "contemptible," said Labour leader Sir Keir Starmer.
Ignore the protests, the Conservatives are the true Just Stop Oil party August 7, 2023 Ignore the protests, no one has done more to ‘Just Stop Oil’ than the Conservatives, who have actually been in power for the past 13 years.