All the updated news related to energy uk

All the news related to energy uk updated in real time

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Shell confirms licence extended for controversial Cambo oil field

UK authorities have granted the Cambo oil field a licence extension – with environmental campaigners claiming the move keeps the controversial project on “life support”. The licence for developing the area, which lies to the west of Shetland, had ...

30 Mar 2022 at 16:25

Government urged to include updated energy laws in Queen’s Speech

An organisation representing energy suppliers has called for the Government to make the biggest changes to the UK’s energy laws for a decade amid a deepening crisis caused by high gas prices. Energy UK said the upcoming Queen’s Speech should ...

06 May 2022 at 14:25

Energy bills could rise by another £1,000 if gas prices do not drop

Energy prices for millions of households could rise by another £1,000 by October, the boss of the industry body has warned as gas prices continue to soar. Emma Pinchbeck, chief executive of Energy UK, said the average household might be ...

03 Mar 2022 at 13:55

Scotland

Green technologies could create thousands of UK jobs, research suggests

The production of hydrogen is one of a trio of green technologies which university researchers have forecast could help create tens of thousands of jobs across the country by the end of the decade. Robert Gordon University, in Aberdeen,...

11 Jul 2022 at 01:01

Almost £7 billion in profits ‘obscene’ as bills soar, BP told

The almost £7 billion in profit made by oil giant BP in the second quarter of this year have been described as “obscene”. On Tuesday the company announced underlying replacement cost profits – its preferred measure – jumped to a far ...

02 Aug 2022 at 15:47

Investment plea after gas supplies from Norway outstrip those from the North Sea

The UK used more gas from Norway than it did from the North Sea in 2021, after gas production within the UK fell “significantly” last year. Ross Dornan of industry body Offshore Energies UK (OEUK) said this marked the first time ...

14 Jun 2022 at 17:23

Scotland

Trade body Offshore Energies UK starts search for new head

An energy trade body has started the search for a new chief executive officer as the current boss prepares to step down. Offshore Energies UK (OEUK) – formerly Oil and Gas UK – announced that current chief, Deirdre Michie, will ...

03 Aug 2022 at 14:48

City

Power firm windfall tax could ‘jeopardise’ cutting bills and carbon – Energy UK

A windfall tax on the UK’s power generators might push up household energy bills in the long term, the industry’s trade body has warned. Energy UK said if the Chancellor extends the tax on oil and gas companies to those who ...

15 Jun 2022 at 11:21

Eco activists ‘could undermine energy security and hinder net-zero effort’

The UK’s leading offshore energy body has warned that environmental activists could undermine the country’s energy security and hinder its efforts to reach net zero. Protests, legal action and publicity stunts by ...

24 May 2022 at 11:35

Lewis and Javid oppose using windfall tax to battle cost-of-living crisis

Two Cabinet ministers have voiced their objections to imposing a windfall tax on oil and gas firms to address the cost-of-living crisis. Prime Minister Boris Johnson has come under pressure to introduce a ...

22 May 2022 at 08:00

Boris Johnson: I cannot ‘magic away’ cost-of-living crisis

Boris Johnson said he cannot “magic away” all the soaring food and energy expenses as he comes under increasing pressure to alleviate the cost-of-living crisis. Instead the Prime Minister vowed on Friday ...

20 May 2022 at 15:58

Jacob Rees-Mogg warns against raiding ‘honey pot’ with oil and gas windfall tax

Jacob Rees-Mogg argued it is wrong to raid the “honey pot of business” to fund measures to ease the cost-of-living crisis by imposing a windfall tax on oil and gas giants. The Brexit opportunities ...

20 May 2022 at 14:28

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