North Sea

Conservatives pledge to axe UK's carbon pricing regime, sparking warnings proposals would hit tax revenues, undermine investment, and trigger levies on exports to the EU

Oil price rises sharply to over $116 a barrel on back of latest threats of military action from President Trump, as Tories launch new pro-drilling campaign

Greenpeace analysis reveals how oil and gas companies are set to profit from spike in fossil fuel prices, as campaign urges government to maintain windfall tax

Analysis from Oxford Smith School suggests energy bills can be reduced far more by transitioning to a renewable power system than by maximising North Sea fossil fuel production

Calls to approve more drilling in the North Sea in response to the latest energy crisis are deliberately overlooking the clean tech projects that can enhance energy security in the near term

The escalating conflict in the Middle East could push up UK petrol prices by hundreds of pounds a year for the average driver, further enhancing the savings on offer for EV drivers

Rachel Reeves insists government's economic plan can insulate UK against economic headwinds, but makes no mention of climate risks or clean energy policy in her speech

Escalating Middle East crisis comes as government faces competing calls for it to urgently bolster energy security

Conservative Environment Network accuses Labour, SNP, and Reform of 'letting Scottish workers down' by failing to adequately plan for North Sea transition

BusinessGreen Editor’s Briefing: February 2026 part one