oil and gas authority

The Oil and Gas Authority's rebranding as the North Sea Transition Authority lays down the gauntlet to the UK's fossil fuel industry - can it really deliver on its green promises?

Group commits to playing an expanded role in the net zero transition, as it drops mention of fossil fuels from its name

UK's climate advisors warn ‘climate compatibility checkpoint’ planned by Ministers for future oil and gas extraction projects must be made tougher, but stops short of calling for an end of exploration

But environmentalists argue case forced government to accept oil and gas companies can make more money from subsidies than they pay in taxes

Proposals would see North Sea developers having to meet six net zero tests including emissions and green investment targets in order to secure extraction licenses