All the updated news related to oil and gas

All the news related to oil and gas updated in real time

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New oil and gas licence plans will withstand legal challenge, says energy boss

The body that represents the UK’s offshore energy sector has insisted it is “confident” plans for new oil and gas licences for the North Sea will withstand a threatened legal challenge from climate campaigners. It is expected the North Sea ...

29 Sept 2022 at 14:49

UK ministers give green light to new North Sea oil and gas operations

Climate campaigners are threatening legal action after the UK Government gave its backing to an expansion of oil and gas operations in the North Sea. The North Sea Transition Authority (NSTA) is now expected to undertake a new round of ...

22 Sept 2022 at 16:40

Scotland

North Sea oil and gas industry ‘on track to meet emission reduction targets’

The North Sea oil and gas industry is on track to meet early emissions reduction targets, according to new analysis from the North Sea Transition Authority (NSTA). The organisation, formerly known as the Oil and Gas Authority, said ...

21 Sept 2022 at 01:01

World

UN chief criticises ‘grotesque greed’ of oil and gas companies

The United Nations chief has sharply criticised the “grotesque greed” of oil and gas companies for making record profits from the energy crisis on the back of the world’s poorest people, “while destroying our only home”. ...

04 Aug 2022 at 09:25

Proposed oil field will have lowest possible carbon footprint, vows developer

Development plans have been announced for an oil field which could produce almost 70,000 barrels of oil a day at its peak. Norwegian state-controlled Equinor said it wants to take forward projects such as the Rosebank ...

05 Aug 2022 at 18:07

Windfall tax could ‘undermine’ energy security targets, offshore chief warns

A windfall tax enforced on oil and gas companies would “undermine” the transition towards energy security, a leading energy chief has said. It comes as 31 companies in the UK’s offshore energy supply chain wrote the ...

24 May 2022 at 11:27

Oil and gas industry calls on Johnson to reject windfall tax proposal

UK companies servicing oil and gas operators have urged the Prime Minister and the Chancellor against enforcing a windfall tax, in an open letter. Political pressure has mounted on the UK Government for a one-off ...

24 May 2022 at 01:01

Green campaigners criticise Shell’s reported Cambo oil field rethink

Exploiting the Cambo oil field will not tackle high energy bills, campaigners warned amid reports Shell is reconsidering its decision to pull out of the project. Work on the proposed development off the west ...

22 Mar 2022 at 12:25

Scotland

Former SNP energy secretary condemns ‘extreme’ Green policies for oil and gas

A former SNP energy secretary for Scotland has taken aim at “extreme” Scottish Green policies on the country’s oil and gas production which he said will be required for “a much longer period.” Fergus Ewing ...

09 Mar 2022 at 22:55

Scotland

Extinction Rebellion activists interrupt black-tie dinner for oil and gas firms

Climate activists have disrupted a black-tie event for the oil and gas sector being held in Edinburgh. Campaigners from groups including Stop Cambo and Extinction Rebellion Scotland targeted the Scottish ...

25 Feb 2022 at 22:55

Scotland

Scotland could help end Europe’s reliance on Russian oil and gas – Lib Dem chief

A “green industrial revolution” could see renewable energy generated in Scotland cut other countries’ reliance on oil and gas from Russia, the Scottish Liberal Democrat leader said. Alex Cole-Hamilton ...

06 Mar 2022 at 01:25

Scotland

Bids for funding to support switch to net-zero in North East set to open

Funding to support the economy in north-east Scotland during the transition to net zero will open for bids next week. The 10-year, £500 million Just Transition Fund for the North East and Moray will ...

24 May 2022 at 15:03

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