Donald Trump has openly condemned the United Kingdom’s recent energy policies, specifically targeting Ed Miliband’s prohibition on new oil and gas exploration in the North Sea. The former US President
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Warren Stephens, the US ambassador to the UK, has urged that Britain should fully exploit its North Sea oil reserves, as spiralling energy costs continue to impact businesses both in
The recent Iranian attack on the world’s largest liquefied natural gas export facility in Qatar has highlighted a critical issue regarding the United Kingdom’s energy security. This incident should serve
Ed Miliband, the UK Energy Secretary, is positioned at the heart of a contentious debate regarding new oil and gas projects off the coast of Aberdeen. The Jackdaw oil and
Britain has reportedly become as unappealing for investment as Venezuela due to Labour’s stringent net zero policies impacting the oil industry. A senior figure from the North Sea oil sector
Jobs, investment, and the United Kingdom’s energy security are at risk as high taxes continue to burden North Sea oil and gas producers. Brian Gilvary, chairman of Ineos Energy, sharply
The proposed acquisition of a North Sea oil company with backing from billionaire Conservative Party donor Lord Michael Spencer has been delayed due to fraud allegations facing the buyer. Deltic
Serica Energy has taken strategic advantage of the downfall of Prax Group, securing a deal to acquire the company’s North Sea assets in a move expected to bolster its standing
Labour’s stance on North Sea oil and gas extraction appears to be shifting, with Chancellor Rachel Reeves indicating a softer approach towards the much-criticised crackdown on new drilling. As Britain
The Labour government is under mounting pressure as it considers approving limited expansions of existing North Sea oil and gas fields. While Labour’s manifesto has pledged a ban on new
Amid growing warnings from industry leaders and union chiefs, Labour is poised to soften its landmark policy on new North Sea oil and gas exploration. Energy Secretary Ed Miliband, who
Kemi Badenoch’s latest announcement to overturn existing policies on North Sea oil and gas was met with instant criticism from environmental groups. Recently installed as Conservative leader, Badenoch has proposed
Sir Jim Ratcliffe’s Ineos group has halted fresh investment in the United Kingdom and shifted its financial priorities to the United States, citing soaring energy costs and an unpredictable British
Ithaca Energy, the leading North Sea oil and gas operator, has lifted its production forecasts for the second time this year while confirming it remains on course to return $500
Nigel Farage, leader of Reform UK, recently visited Aberdeen, the heart of the UK’s oil and gas industry, to welcome a defecting Conservative councillor into his party. This is the
Fossil fuel reserves in the North Sea are depleting at an accelerated pace, leading to inevitable job losses across the sector. A new report suggests that a permanent windfall tax
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