Oil from new licences ‘would make little difference’ to UK energy security January 8, 2024 Oil from new licences granted to North Sea producers and sent to UK refineries would account for less than one per cent of the fuels used here in 2030, analysis has found.
Like it or not, but we won’t get to net zero without oil and gas December 21, 2023 We must move towards a fully green energy system, but we can't get there without oil and gas, writes Stuart Payne
COP28: Net zero may need City to mobilise ‘trillions of pounds’, Rishi Sunak says December 1, 2023 Transitioning to net zero won’t happen “without mobilising hundreds of billions, if not trillions of pounds” of public and private investment, Rishi Sunak said on route to COP28.
Boost for Britain as businesses commit to invest £30bn in UK November 27, 2023 Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain, the government has announced ahead of a major investment summit taking place today.
COP28: Global climate investment must hit £3.5 trillion during ‘decisive decade’ November 26, 2023 Global climate investment needs to rise to $3.6tn by 2026, Allianz Trade has said, ahead of the COP28 environmental summit this week.
Energy bills set to RISE next year as volatility spooks oil and gas markets November 6, 2023 Household energy bills will not ease any time soon, with forecasters warning that the energy price cap is now set to rise again.
A tale of two oil giants: BP struggles to keep up with Shell, but net zero scrutiny is coming November 6, 2023 Energy giants unveiled sharp downturns in their usual earnings last week, but BP is struggling compared to its rival Shell.
King’s Speech: What to expect from the State Opening of Parliament? November 6, 2023 King Charles will make his first King’s Speech in Parliament on Tuesday as he outlines the government’s legislative agenda for the next year.
Oil mega deals lift October M&A activity despite year-to-date declines November 2, 2023 Mega deals in the oil industry hiked October merger and acquisition activity to its highest level in 17 months.
Shell sweetens shareholders with chunky buybacks even as profits fall November 2, 2023 Shell joined its rivals in posting a year-on-year decline in profits over the third quarter this year but has kept its share price high.