North Sea

BusinessGreen Editor’s Briefing: February 2026 part one

Board tasked with boosting investment in North Sea transition and helping oil and gas workers enter low-carbon economy

Hamburg Declaration promises to enhance co-operation and accelerate efforts to turn North Sea into the world’s largest 'clean energy reservoir'

In a characteristically rambling speech to Davos Summit, US President threatens European leaders and makes baseless accusations China is erecting fake wind farms

Report argues wind turbines could offer security benefits that extend beyond the provision of reliable clean power

High Court upholds oil exploration licences granted under previous government, but says further approvals must account for ocean harm

Government confirms Energy Profits Levy will be replaced by Oil and Gas Profits Mechanism, as it announces details of promised ban on new drilling and exploration licenses

Kemi Badenoch launches campaign 'to get Britain drilling again', as Labour slams 'same failed Tory energy policy that caused the worst cost of living crisis in a generation'

Parliament's Scottish Affairs Committee warns of looming employment gap, as North Sea oil and gas jobs decline and clean energy industries struggle to scale up quickly enough

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