Regional8 months agoOrcadian secures two-year extension to North Sea licenceOrcadian Energy announced on Wednesday that it has secured a two-year extension to phase B of its P2482 licence in…
Regional8 months ago‘North Sea oil is ripe for a rebound’Labour’s green-energy policy is unsustainable, says Dominic Frisby. That bodes well for British oil explorers Ed Miliband’s fantasies of climate…
Regional8 months agoWindfall tax ‘destroying’ North Sea oil and threatening growth, analysts warnBritain’s energy profits levy is ‘destroying’ the country’s North Sea oil industry, while undermining energy security and the economy, analysts…
Regional8 months agoAcorn carbon capture project to get £200m, Miliband confirmsUK Energy Secretary Ed Miliband has confirmed that £200m will be provided to progress the Acorn Carbon Capture and Storage…
Regional8 months agoGlobal Underwater Hub responds to the announcement of UK Government support for Acorn and Viking CCS projectsResponding to the announcement by the UK Government that it is committing to support the Acorn and Viking CCS projects,…
Regional9 months agoNew North Sea oil and gas fields incompatible with Paris Climate GoalsA UCL report states that new North Sea oil and gas fields are incompatible with the Paris Agreement climate goals.…
Regional9 months agoWill the North Sea oil and gas industry be Labour’s next U-turn?With Nigel Farage targeting net zero, could government policy change to protect jobs, revenue and votes? It was inevitable that…
Regional9 months agoOEUK Calls for Windfall Tax Reform to Boost UK Energy InvestmentTrade body Offshore Energies UK (OEUK) has called on the UK Government to remove the windfall tax on oil and…
Regional9 months agoReport warns of Massive North Sea Job LossesThe UK’s North Sea oil and gas sector faces a severe jobs crisis, with a new Robert Gordon University (RGU)…
Regional9 months agoScottish firm purchases ‘renowned’ floating oil platformA Scottish company has acquired a huge floating oil and gas production platform. The Aberdeen-based firm has said the vessel,…