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oil and gas

'Potential to accelerate': BP trims oil and gas demand outlook, as renewables investment soars

Energy

'Potential to accelerate': BP trims oil and gas demand outlook, as renewables investment soars

Oil and gas giant cuts projected global oil and gas demand for 2035 by around five per cent, but warns some continued investment in new fossil fuel projects still required

clock 30 January 2023 • 3 min read
Labour leader hints at end to new North Sea oil and gas fields

Infrastructure

Labour leader hints at end to new North Sea oil and gas fields

Keir Starmer tells audience in Davos there should not be further investment in new oil and gas fields in the North Sea

clock 20 January 2023 • 4 min read
'Big Oil peddled the big lie': UN Secretary General warns fossil fuel industry must be 'held to account'

Politics

'Big Oil peddled the big lie': UN Secretary General warns fossil fuel industry must be 'held to account'

Antonio Guterres tells Davos Summit business leaders must redouble efforts to drive down global emissions

clock 18 January 2023 • 4 min read
Green groups threaten legal challenges if new UK oil and gas licensing plans proceed

Policy

Green groups threaten legal challenges if new UK oil and gas licensing plans proceed

Greenpeace, Friends of the Earth, and Uplift warn they will launch legal action if government plans for new oil and gas licensing rounds go ahead

clock 12 December 2022 • 5 min read
Three more universities vow to end on campus fossil fuel recruitment

Skills

Three more universities vow to end on campus fossil fuel recruitment

University of Bedfordshire, University of the Arts London and Wrexham Glyndwr University become latest institutions to adopt 'Ethical Careers Policy'

clock 02 December 2022 • 3 min read
Essar Oil UK unveils plans for £360m carbon capture plant at Stanlow refinery

CCS

Essar Oil UK unveils plans for £360m carbon capture plant at Stanlow refinery

Carbon capture plant expected to stop 40 per cent of plant's emissions from entering atmosphere

clock 30 November 2022 • 2 min read
Alok Sharma: UK must 'explain and demonstrate' how new oil and gas drilling aligns with net zero

Climate change

Alok Sharma: UK must 'explain and demonstrate' how new oil and gas drilling aligns with net zero

COP26 President also argues ramping up clean energy investment and insulating homes should be top priorities for Rishi Sunak as Britain's new Prime Minister

clock 26 October 2022 • 5 min read
How climate change is adding £407 to annual food shopping bills

Climate change

How climate change is adding £407 to annual food shopping bills

New ECIU report details how climate impacts and soaring energy costs are a major contributor to food price inflation - and explores how farming subsidy reforms could help tackle the crisis

clock 21 October 2022 • 5 min read
'Radical reinvention': Lloyds Banking Group vows to stop financing new oil and gas projects

Investment

'Radical reinvention': Lloyds Banking Group vows to stop financing new oil and gas projects

Campaigners hail move as setting 'a new standard for the UK banking industry'

clock 21 October 2022 • 3 min read
Climate minister Graham Stuart: Criticism of UK's climate agenda could slow UK's net zero drive

Politics

Climate minister Graham Stuart: Criticism of UK's climate agenda could slow UK's net zero drive

New climate minister hits back at push back of UK’s oil and gas expansion plans, arguing burning gas is ‘green’ and boosting production is compatible with climate goals

clock 14 October 2022 • 6 min read
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