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North Sea

Study: Renewables to play 'much larger role' in UK energy security than new oil and gas

Energy

Study: Renewables to play 'much larger role' in UK energy security than new oil and gas

Analysis claims the UK's growing clean energy industry - bolstered by the roll out of EVs, heat pumps, and home insulation - is proving far more effective at reducing reliance on energy imports than North Sea drilling licences

clock 07 June 2024 • 4 min read
Trio of UK clean power projects take key steps forward

Energy

Trio of UK clean power projects take key steps forward

Plans progress for extension of RWE-led Suffolk offshore wind farm, as Sonnedix breaks ground on major solar farm in Country Durham, and Exagen secures planning consent for Tewkesbury battery storage system

clock 25 April 2024 • 4 min read
'Volatile and uncertain': Why declining oil and gas revenues pose a threat to Scotland's finances

Taxation

'Volatile and uncertain': Why declining oil and gas revenues pose a threat to Scotland's finances

Institute for Fiscal Studies think tank assesses the impact of declining oil and gas tax revenue forecasts on Scotland's income compared to that of rest of UK

clock 28 March 2024 • 7 min read
North Sea Transition Authority demands 'action across the board' to curb oil and gas industry emissions

Energy

North Sea Transition Authority demands 'action across the board' to curb oil and gas industry emissions

Regulator claims oil and gas electrification could deliver emissions savings equal to taking one million cars off the road for a year

clock 27 March 2024 • 4 min read
Ofgem backs £2bn plan for wind power cable link under North Sea

Infrastructure

Ofgem backs £2bn plan for wind power cable link under North Sea

Eastern Green Link 1 scheme would carry wind power between East Lothian and County Durham

clock 21 March 2024 • 3 min read
Net Zero Teesside: Around £4bn-worth of carbon capture and storage contracts awarded

Energy

Net Zero Teesside: Around £4bn-worth of carbon capture and storage contracts awarded

Net Zero Teesside Power and Northern Endurance Partnership announce huge wave of new construction contracts

clock 15 March 2024 • 4 min read
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
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