North Sea oil production witnessed its sharpest decline in ten years due to growing concerns about a potential Labour administration and the windfall tax imposed by Rishi Sunak, which has
North Sea oil production witnessed its sharpest decline in ten years due to growing concerns about a potential Labour administration and the windfall tax imposed by Rishi Sunak, which has
Following supply reductions by Saudi Arabia and Russia, oil is poised to achieve its highest monthly gain since the start of 2022 as prices surge.
The UK Chancellor, Rishi Sunak, has granted approval for numerous new oil and gas licenses in the North Sea, cementing the crucial role of oil and gas in the UK’s
A senior executive at a leading UK operator warns that the present windfall tax and the Labour Party’s commitment, which is projected to win the forthcoming UK election, to halt
“Anticipated layoffs as major operator points to ‘difficult macro environment’ for the energy sector.
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.
The windfall tax was bad enough. Labour’s plan to stop all new investment is economic insanity on an unprecedented scale. My thoughts below
As Labour waits in the wings, the fate of Britain’s fossil fuel resources remains uncertain.
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.
A former SNP chief executive has been detained in connection with an inquiry into funding.
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