The US will double its gas exports to the UK. This announcement comes as the US faces the first major test in terms of energy resilience following the conflict in
North Sea oil producers want a price floor to limit UK windfall taxes
Executives and industry sources suggest that the British government should establish a price ceiling to reduce the impact of its windfall tax on North Sea oil and gas producers. Some
A six-year-high for British natural gas export to Europe
The six-year-old high in British natural gas exports to Europe is a result of Brussels’ efforts to reduce its dependence on Russian energy sources.
In response to Sunak’s windfall tax, Total draws investment from the North Sea
TotalEnergies, a French oil giant, has been the first major North Sea operator that has cut investment directly as a result of Rishi’s windfall tax.
Water down windfall tax or energy industry will collapse, British goverment warned
Jeremy Hunt’s windfall tax for oil and gas giants needs to be diluted in order to prevent industry collapse, Tory MPs warned.
North Sea licenses to be expedited in the race for more oil & gas
As part of Liz Truss’ dash to new energy supplies, regulators are working to reduce red tape in the North Sea.
If Liz Truss is elected prime minister, she will give the green light for further North Sea drilling
The foreign secretary’s allies have begun talks with energy companies about increasing domestic oil and gas production in order to reduce rising prices.
After dismal drilling results, Tullow Oil decides to abandon the well in Guyana
Tullow Oil, a company that focuses on Africa, announced Friday it would cease drilling operations at an exploratory well off Guyana. Results showed the well bore water. This sent its
BlackRock goes against BP board in climate resolution vote
The world’s biggest asset manager and top BP (BP.L) investor BlackRock (BLK.N) said on Friday it had backed a shareholder resolution calling for faster climate action which the energy company’s
Ransomware gangs disrupted by response to Colonial Pipeline hack
Multiple ransomware groups claimed they were shutting down or scaling back operations on Friday as the U.S. government ramped up pressure while tech companies, cryptocurrency exchanges and others worried about
Top U.S. fuel pipeline recovering from devastating ransomware attack
After a six-day outage, the top U.S. fuel pipeline on Thursday moved some of the first millions of gallons of motor fuels after a crippling cyberattack led to fuel shortages