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North Sea

How private equity firms are taking 'serious gamble' when backing North Sea oil and gas

Investment

How private equity firms are taking 'serious gamble' when backing North Sea oil and gas

Carbon Tracker think tank warns private equity firms could see cash flow from fossil fuel projects diminish by between 60 and 100 per cent by 2030 as energy transition gathers pace

clock 25 January 2024 • 4 min read
'More clickbait politics': Green groups slam passage of oil and gas drilling bill

Policy

'More clickbait politics': Green groups slam passage of oil and gas drilling bill

New poll shows majority of public do not believe the government is taking a lead on climate change

clock 23 January 2024 • 6 min read
Alok Sharma: 'I will not be voting for oil and gas licensing bill'

Politics

Alok Sharma: 'I will not be voting for oil and gas licensing bill'

Former COP26 President follows Chris Skidmore in confirming he will not vote for the government's controversial Offshore Petroleum Licensing Bill

clock 08 January 2024 • 4 min read
Study: New North Sea oil and gas drilling 'won't make any real difference' to UK energy bills

Energy

Study: New North Sea oil and gas drilling 'won't make any real difference' to UK energy bills

ECIU analysis adds to growing body of evidence showing how new North Sea oil and gas projects will do little to boost domestic energy security

clock 08 January 2024 • 7 min read
'Incompatible' with climate plans: Greenpeace and Uplift launch legal action over Rosebank approval

Policy

'Incompatible' with climate plans: Greenpeace and Uplift launch legal action over Rosebank approval

Government says it will 'robustly defend' itself against separate legal challenges that aim to overturn the decision to develop UK's largest untapped North Sea oil field

clock 18 December 2023 • 5 min read
Government promises 'stringent' CO2 tests as it unveils new UK oil and gas licensing bill

Legislation

Government promises 'stringent' CO2 tests as it unveils new UK oil and gas licensing bill

But critics claim new tests in Offshore Petroleum Licensing Bill will do little to help ensure net zero emission targets are met

clock 08 November 2023 • 4 min read
Rishi Sunak to announce plans for annual North Sea oil and gas licensing rounds

Energy

Rishi Sunak to announce plans for annual North Sea oil and gas licensing rounds

Proposed net zero 'tests' for future licensing rounds branded as 'beyond disingenuous' by climate campaigners

clock 06 November 2023 • 9 min read
Research: UK council pension funds investing £4bn in firms expanding North Sea oil and gas production

Investment

Research: UK council pension funds investing £4bn in firms expanding North Sea oil and gas production

Exclusive: Billions of pounds invested by local government pension funds in oil and gas production, analysis by The Bureau of Investigative Journalism finds

clock 23 October 2023 • 4 min read
Scotland's largest offshore wind farm becomes fully operational

Energy

Scotland's largest offshore wind farm becomes fully operational

The record-breaking, 114 turbine Seagreen project has been fully commissioned, delivering power for around 1.6 million homes a year

clock 18 October 2023 • 4 min read
BP-led CCS project secures 'landmark' North Sea storage lease agreement

CCS

BP-led CCS project secures 'landmark' North Sea storage lease agreement

Plans to store 20 to 30 million tonnes of CO2 captured from Teesside and Humberside industrial sites awarded agreement for lease by Crown Estate

clock 05 October 2023 • 4 min read
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