Crude Oil News
Oil’s Uncertain Future
Daily Standup Top Stories Oil Is Not Out of the Woods Yet September 18, 2024 Stu Turley Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being […]
North Sea
Energy Transition
Can the North Sea become a “clean energy super basin”?
The North Sea has the potential to become a “clean energy super basin,” integrating oil, gas, offshore wind and carbon storage to drive the UK’s energy transition, according to NSTA Chief Executive Stuart Payne. Speaking […]
Crude Oil News
UK North Sea Oil Lobby Warns of Investment Slump Due to Windfall Tax Increase
Capital investment to fall to £2.3 billion in 2025-2029: OEUK Almost half of additional output would be uneconomic: OEUK The UK’s new tax regime for North Sea oil and gas could lead to an investment […]
Exploration and Production
UK regulator cracks down on North Sea decommissioning delays
Regulators have warned UK oil and gas operators to speed up decommissioning activities in the North Sea. The North Sea Transition Authority (NSTA) has called on the companies to clean up their oil and gas […]
Coal
Week Recap: Energy Shutdowns, UK Election Shifts, and Rising Debt
Weekly Daily Standup Top Stories Labour Wins Landslide Victory in U.K. Snap Elections July 6, 2024 Mariel Alumit Keir Starmer promises to focus on public service as Britain’s new prime minister. Labour Takes Control The […]
Energy Policy
UK Bans New Drilling in North Sea
Editor’s note: Shortly after we published this article, the Department for Energy Security and Net Zero denied reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences, […]
Exploration and Production
Government denies claims of North Sea oil drilling ban
Government officials have denied reports that Energy Secretary Ed Miliband has imposed an immediate ban on new North Sea oil and gas drilling. According to these reports, Mr Miliband allegedly instructed regulators to halt approvals […]
Big Oil Companies
CA to Borrow $$ for Climate
Daily Standup Top Stories Labour Wins Landslide Victory in U.K. Snap Elections July 6, 2024 Mariel Alumit Keir Starmer promises to focus on public service as Britain’s new prime minister. Labour Takes Control The United […]
Commodities
Has The Extreme Bear Market in Natural Gas Come to an End?
In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some […]
Crude Oil News
UK Banks No Longer Finance Nation’s Small Oil and Gas Producers
There is no longer a single British bank financing the smaller independent oil and gas producers that account for the bulk of output and investment in the North Sea, according to Neptune Energy. “The future […]