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HomeUK

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UK
Climate Crisis

Rising costs and UK tax hike deal a death blow to North Sea oil project

June 20, 2023 Mariel Alumit

The increased windfall tax in the UK on oil and gas producers’ profits combined with the rise in capital costs for the development of what is seen as one of North Sea’s largest undeveloped oil […]

Geothermal

NATO focuses on underwater assets amid Russia sabotage concerns

June 17, 2023 Mariel Alumit

NewsNATO NATO has established a new centre focused on protecting undersea pipelines and data cables following the apparent attack on the Nord Stream gas pipelines and as concerns mount that Russia has mapped vital Western […]

Oil
Crude Oil News

UK Government Announces New Oil and Gas Tax Changes

June 12, 2023 Mariel Alumit

The UK government has announced new oil and gas tax changes, which it says are set to protect energy security and British jobs. In a statement posted on its website, the government noted that the […]

Coal

Britain’s green energy disaster should be an awful warning to Americans – Is renewable energy renewable?

June 11, 2023 Mariel Alumit

Last year, the Biden administration set an ambitious new goal for the USA: to deploy 30 gigawatts (GW) of offshore wind capacity by the year 2030, increasing US offshore capacity more than seven hundred times over. The […]

Climate Crisis

UK Windfall Tax To Be Scrapped If Oil And Gas Prices Fall To “Normal Levels”

June 11, 2023 Mariel Alumit

Authored by Alexander Zhang via The Epoch Times, The government has announced it will remove the windfall tax on oil and gas companies if energy prices fall to “normal levels.” The temporary windfall tax was […]

Zero Edge

BBC Is Biased “On Occasion”, Admits UK Culture Secretary

June 8, 2023 Mariel Alumit

Authored by Evgenia Filimianova via The Epoch Times, The UK Culture Secretary Lucy Frazer has told a group of MPs that the BBC is biased on occasion, but refused to give any specific examples. In […]

Zero Edge

“Coming Back To Earth”: UK House Prices Book First Annual Drop Since 2012

June 8, 2023 Mariel Alumit

Lender Halifax published a new report showing UK house prices recorded their first annual contraction in May in over a decade. The decline was attributed to an affordability crisis faced by buyers. A price reversal […]

Aljazeera International

What did Prince Harry say at UK phone-hacking trial?

June 8, 2023 Mariel Alumit

Prince Harry has testified at the High Court in London as part of a lawsuit against British newspaper publisher Mirror Group Newspapers (MGN). During almost eight hours of questioning over two days, which ended on […]

investors
ESG

UK investors back money market funds in May, ditch ESG funds

June 6, 2023 Mariel Alumit

LONDON (Reuters) – UK investors backed money market funds in May at the fastest rate since the country’s failed ‘mini-budget’ last year, opting for caution after a volatile period in global banking, funds network Calastone […]

Labour
Climate Crisis

Labour confirms plans to block all new North Sea oil and gas projects

May 30, 2023 Mariel Alumit

Labour has confirmed it will block all new domestic oil and gas developments if it wins power, proposing instead to invest heavily in renewable sources such as wind and also in nuclear power. The shadow […]

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