Green investor Andrew Forrest threatens to quit UK after Sunak pledges new oil and gas August 1, 2023 A major green technology investor has threatened to take his money out of the UK, after the government announced fresh oil and gas licensing.
BP suffers second-quarter downturn but profit still tops £2bn August 1, 2023 Weaker refining margins and falling oil and gas prices has weighed down BP's profits in the second quarter of 2023.
Trade bodies back government’s embrace of North Sea oil and gas industry August 1, 2023 Trade bodies across the energy industry has welcomed the government's decision to support the North Sea's oil and gas sector.
Labour slams Rishi Sunak’s plans to boost North Sea oil and gas July 31, 2023 Rishi Sunak's energy policies are "weak and confused" and will "not take a penny off bills", said shadow climate secretary Ed Miliband.
Government backs carbon capture and storage to meet net zero goals and boost North Sea industry July 31, 2023 The government has announced the latest winners of its carbon capture and storage approval process.
Why the windfall tax is here to stay after today’s bombshell oil and gas announcements July 31, 2023 The government has work to do if it wants to convince the North Sea oil and gas sector over its energy plans.
Sunak bids to woo North Sea industry with hundreds of new oil and gas licences July 31, 2023 Sunak has pledged hundreds of new oil and gas licences, two new carbon capture clusters and review on the sector's tax regime
Oil prices rally due to revived hopes of Chinese demand amid Opec cuts July 30, 2023 Oil prices have recorded five straight weeks of gains with investors seemingly convinced markets will tighten.
Prime Minister Rishi Sunak to meet energy leaders ahead of new pledges July 30, 2023 Prime Minister Rishi Sunak and energy security secretary Grant Shapps will meet industry leaders from across the energy sector.
Shell Q2 profits slide (to just the $5.1bn) as firm announces share buyback scheme July 27, 2023 Shell has announced a hefty new share buyback programme and raised its quarterly dividends, despite a downturn in profits.