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Government announces £375m package to support new energy strategy

A multimillion-pound package has been announced to help support the “bold plans” of the Government’s new energy strategy. Business and Energy Secretary Kwasi Kwarteng said the £375 million investment will “unlock the enormous potential” of hydrogen ...

08 Apr 2022 at 01:25

Protesters arrested at oil terminal climate protest, Police Scotland say

A number of climate protesters who blockaded an oil terminal have been arrested, police have said. Just Stop Oil said its supporters blocked access to the Nustar Clydebank facility in West Dunbartonshire by climbing on top of tankers and locking ...

03 May 2022 at 20:25

Labour: UK is complacent on energy security and must ‘sprint to net zero’

There is “complacency” from the Government on energy security and a “sprint” to renewable sources is needed, Labour’s shadow business secretary has said. Jonathan Reynolds said Poland and Bulgaria deserved our “full solidarity” after Russia ...

27 Apr 2022 at 17:25

Scotland

Unite demands intervention over oil company’s mandatory vaccine rule

A union has called for Government intervention after an offshore contractor is said to have introduced a “draconian” mandatory vaccine policy. Canadian Natural Resources (CNR) International, which has offices in Aberdeen, is believed to be ...

18 Jan 2022 at 12:59

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

Energy prices will continue to rise if oil fields like Cambo are halted – Hands

The price of energy will increase further if oil fields like Cambo do not go ahead, a UK Government minister has warned. Energy minister Greg Hands said the UK will need to import more oil if the North Atlantic development does not ...

11 Jul 2022 at 01:01

Centrica wins first approval to reopen UK’s biggest gas storage site

The UK’s biggest natural gas storage site has taken a step closer to reopening after the authority that governs the North Sea gave an initial go-ahead. The North Sea Transition Authority (NTSA) said it had given a licence to ...

21 Jul 2022 at 14:20

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 ...

14 Jun 2022 at 17:23

UK’s first carbon storage licensing round gets under way

The launch of the UK’s first carbon storage licensing round has been hailed as an “important day on the path to net zero”. Andy Samuel, the chief executive of the North Sea Transition Authority (NSTA), spoke out as the ...

14 Jun 2022 at 01:01

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 ...

15 Jun 2022 at 11:21

Business Secretary says building nuclear power plants may increase energy bills

The Business Secretary has said the Government’s nuclear power push may initially increase energy bills. Kwasi Kwarteng said the plan to build new power plants as part of a new energy strategy may have a “small ...

13 May 2022 at 06:55

North Sea revenues ‘up to almost £8bn’ in first nine months of 2022

Tax revenues from North Sea oil and gas have increased to almost £8 billion in the first nine months of 2022, according to research. Figures from the Aberdeen and Grampian Chamber of Commerce show the ...

31 Oct 2022 at 11:25

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