Gas and oil industry cautiously welcomes government proposals that could ease tax burden on sectorThe UK government has pledged to “unleash the North Sea’s clean energy future”, as it confirmed plans to ban new...
Read MoreCommon Wealth thinktank warns that communities and taxpayer may have to pick up pieces when production endsNorth Sea oil and gas must be brought under greater public control to avoid a cliff-edge collapse of the industry and...
Read MoreCalls grow for lifting of moratorium on onshore drilling in England to become policy under new leaderUK politics live – latest updatesSenior Conservatives are considering pushing for a lifting of the moratorium on fracking...
Read MoreNew operator, Neso, will also oversee Great Britain’s gas system as part of ‘clean energy superpower’ missionThe UK government has agreed to take control of the National Grid unit tasked with keeping the lights...
Read MoreShell and Equinor say they will defend Jackdaw and Rosebank plans after Labour withdraws government supportTwo of Europe’s biggest oil companies have vowed to fight two legal cases brought by environmental campaigners...
Read MoreIndustry group says plans for tougher taxes would ‘trigger an accelerated fall’ in output and investmentThe North Sea industry has warned the government not to toughen its windfall tax on oil and gas profits in the...
Read MoreGovernment could be vulnerable to legal action from companies that may have spent millions on their bidsThe Labour government is grappling with a legal dilemma over its plan to impose an immediate ban on new North Sea oil and...
Read MoreCampaigners hail judgment that planning approval bodies must consider full ongoing climate impact The climate impact of burning coal, oil and gas must be taken into account when deciding whether to approve projects, the supreme...
Read MoreLow-carbon electricity investment driven by solar projects but oil and gas spending still too high to meet climate goalsGlobal investment in low-carbon electricity will rise to 10 times as much as fossil fuel power this year due...
Read MoreUnite launches bid to persuade Keir Starmer to invest more in north-east ScotlandThe UK’s oil and gas workers risk becoming “the coal miners of our generation,” Unite’s general secretary, Sharon Graham,...
Read MoreCross-party group of 50 calls on prime minister to appoint climate envoy and back Beyond Oil and Gas AllianceA cross-party group of MPs and peers has urged Rishi Sunak to make a U-turn on his oil and gas extraction plans as part...
Read MoreGreen MP Caroline Lucas says call for investment in gas-fired power plants is election ploy that will jeopardise UK’s net zero targetGreen MP Caroline Lucas has accused the government of stoking a culture war on climate...
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Andrew Griffith, shadow business secretary, says prime minister needs
Downing Street says it ‘reserves right’ to respond to
It’s shaping up to be another tricky week for
The major U.S. index futures are currently pointing to
The Dollar Index edged lower during the week ended
UK PM hosting international summit on illegal migration and
Elzbieta Olszewska refused time to complete paper application but
Far-right leader found guilty of embezzlement of European funds
French far right leader and eight National Rally MEPs
UK PM hosting international summit in London in attempt