BP: Oil and gas giant takes 40 per cent stake in massive UK carbon capture and storage project April 11, 2023 BP has snapped up a hefty stake in a major upcoming carbon capture project from Harbour Energy, bringing more focus to decarbonisation.
Another LNG-fuelled winter will expose lack of seriousness about UK’s energy goals April 11, 2023 Winter is over, with the government managing to stave off blackouts over – but LNG problems persist, exposing the UK's energy challenge.
Oil prices propped up by OPEC+ supply cuts amid gloomy economic forecasts April 10, 2023 Oil prices have stabilised today after three straight weeks of gains, with further supply cuts from OPEC+ propping up both major benchmarks.
UK and South Korea team up to bolster nuclear supply chain amid Chinese dominance April 10, 2023 The UK will work with South Korea to build nuclear supply chains and share information on developing technologies.
More chance of being struck by lightning: Ofwat reveals just one fine for sewage leaks in nearly 30 years April 10, 2023 Ofwat has issued just one single fine to suppliers for sewage spills since the current rules were introduced in 1994 - nearly 30 years ago.
Saudi Arabia maintains crude supply to Asian refiners despite OPEC+ cuts April 10, 2023 State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North Asian buyers.
Oil and gas platforms will be brought to ‘standstill’ in walkout by 1,300 offshore staff April 7, 2023 More that 1,300 offshore workers are to stage a 48-hour strike in a dispute over pay. Unite warned that dozens of oil and gas platforms will be brought to a “standstill” by the walkout from April 24. The union has previously warned of a “tsunami” of industrial unrest in the offshore sector over pay and [...]
Harbour Energy blames windfall tax as it slashes hundreds of UK jobs April 6, 2023 Harbour Energy is expected to cut 350 jobs in the UK, as it downgrades domestic operations following the windfall tax.
Drax’s renewable status under threat as Ofgem probes greenwashing claims April 6, 2023 Drax is at risk of losing billions of pounds in government funding as Ofgem starts reviewing greenwashing claims linked to the sustainability credentials of its biomass projects.
Shell’s shares rise on FTSE 100 after predicting upturn in LNG output April 6, 2023 Shell's shares have risen on the London Stock Exchange this morning, after it unveiled a bullish update for its first quarter of trading ahead.