Jeremy Hunt has disclosed strategies aimed at easing the Government’s windfall tax on oil and gas companies, following alerts about a potential large-scale job loss in the North Sea.
Repeated attacks on North Sea oil and gas are economically illiterate
The windfall tax was bad enough. Labour’s plan to stop all new investment is economic insanity on an unprecedented scale. My thoughts below
The enormous North Sea oil field that might represent Britain’s final reservoir.
As Labour waits in the wings, the fate of Britain’s fossil fuel resources remains uncertain.
Labour intends to impede the progress of fresh oil and gas ventures in the North Sea.
Labour’s prospective government, led by Sir Keir Starmer, is reportedly set to obstruct any forthcoming oil and gas advancements in the North Sea, as revealed in a recent report.
Breaking: Peter Murrell, the husband of Nicola Sturgeon, has been arrested in connection with the finances of the Scottish National Party (SNP)
A former SNP chief executive has been detained in connection with an inquiry into funding.
Workers in the oil and gas industry in the North Sea have decided to vote to strike
Oil and gas operators in the North Sea have been cautioned about the possibility of an overwhelming wave of industrial turmoil after workers voted in favour of a strike over
Gas prices in Europe have fallen to lows not seen since September 2021
As a result of the restarting of US exports from America’s second-largest liquefied natural gasoline terminal, gas prices in Europe fell to levels not seen since September 2021.
European natural gas slid for a fifth straight day
European natural gas fell for the fifth consecutive day. The weather is expected to improve and there are more chances that the US will reopen an old export terminal.
Oil settles up more than 1% on China demand outlook, second weekly gain
Friday’s oil settlement was $1/barrel. This is a result of China’s economic prospects improving, which boosted fuel demand in China’s second-largest economy.
Keir Starmer says that North Sea investment will be ended by Labour
Sir Keir Starmer has pledged to stop investing in new British oil and gas fields if Labour wins the next election.
UK more vulnerable to blackouts this winter, warns Labour
It has been claimed that delays to a government plan to deal with national emergencies have made the UK more susceptible to blackouts in winter.