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oil and gas

King's Speech promises new bill to boost fossil fuel drilling

Policy

King's Speech promises new bill to boost fossil fuel drilling

Speech confirms plans for annual oil and gas licensing rounds, as government also promises action to boost renewables investment, accelerate clean energy grid connections, and deliver new self-driving vehicles

clock 07 November 2023 • 10 min read
Rishi Sunak to announce plans for annual North Sea oil and gas licensing rounds

Energy

Rishi Sunak to announce plans for annual North Sea oil and gas licensing rounds

Proposed net zero 'tests' for future licensing rounds branded as 'beyond disingenuous' by climate campaigners

clock 06 November 2023 • 9 min read
'At best a distraction': Government slammed over latest oil and gas licenses

Infrastructure

'At best a distraction': Government slammed over latest oil and gas licenses

North Sea Transition Authority confirms 27 new licenses awarded for 'quicker to production' areas, as reports suggest King’s Speech will double down on anti-green measures

clock 30 October 2023 • 6 min read
Offshore Energies UK: Domestic oil and gas can help UK 'remain in control' of carbon footprint

Energy

Offshore Energies UK: Domestic oil and gas can help UK 'remain in control' of carbon footprint

Trade body doubles down on argument that investment in North Sea fossil fuel extraction can benefit the climate, but critics remain unconvinced

clock 20 October 2023 • 5 min read
'Tragedy of the commons': The problem with 'low carbon' oil and gas claims

Energy

'Tragedy of the commons': The problem with 'low carbon' oil and gas claims

The oil and gas industry has claimed a 24 per cent reduction in emissions from the North Sea basin since 2018 justifies its expansion - BusinessGreen unpacks the argument

clock 16 October 2023 • 13 min read
OEG Energy secures $140m to grow offshore renewables business

Investment

OEG Energy secures $140m to grow offshore renewables business

UK-based offshore energy firm seeks to further expand beyond its core oil and gas services into growing offshore wind and tidal business

clock 12 October 2023 • 2 min read
'Diversify and future proof': COP28 President urges oil and gas firms to decarbonise faster

Climate change

'Diversify and future proof': COP28 President urges oil and gas firms to decarbonise faster

Sultan Al-Jaber claims he has 'full confidence' oil and gas industry can drive solutions to climate crisis

clock 02 October 2023 • 3 min read
Regulators give green light to controversial Rosebank oil and gas field

Energy

Regulators give green light to controversial Rosebank oil and gas field

Experts warn burning all the estimated oil and gas from the field off Shetland would releases emissions equivalent to the annual output of over the 90 countries

clock 27 September 2023 • 5 min read
'At the crossroads': How bungling the clean energy transition could fuel oil and gas industry job losses

Skills

'At the crossroads': How bungling the clean energy transition could fuel oil and gas industry job losses

Just under 95,000 energy jobs are at risk if the UK does not meet its clean energy goals, a new report has warned

clock 12 September 2023 • 7 min read
New oil and gas 'blocks' set to intersect with Marine Protected Areas, campaigners warn

Energy

New oil and gas 'blocks' set to intersect with Marine Protected Areas, campaigners warn

Oceana raises alarm over potential impact of new oil and gas drilling programme on the UK's marine ecosystems

clock 07 August 2023 • 5 min read
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