The UK Energy Hypocrisy is Collapsing the Very Thing Holding Up the Economy, by Taxing It Even More

In the pursuit of a net-zero future, the United Kingdom has embarked on a path that reeks of hypocrisy: aggressively taxing its oil and gas sector while simultaneously relying on it to prop up the economy. The Labour government\’s recent hikes to the Energy Profits Levy (EPL)—now at a staggering 78% headline rate—exemplify this contradiction, […]

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Kemi Badenoch, The UK Tory Leader, Pledges to Abandon Net Zero and Maximise North Sea Oil and Gas Production

In a bold move that could reshape the UK\’s energy landscape, Conservative Party leader Kemi Badenoch has vowed to scrap net zero requirements for oil and gas extraction in the North Sea, prioritizing maximum fossil fuel production to boost economic growth and energy security. Speaking ahead of a planned address in Aberdeen, Badenoch declared that […]

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Climate Zealots Shut Down Britain\’s Biggest Untapped Oilfield

This Will Only Increase Energy Prices for the Already Struggling UK In a move that reeks of ideological overreach, climate activists and stringent environmental regulations have effectively halted development of Rosebank, Britain\’s largest untapped oilfield. Located 130 kilometers northwest of Shetland in deep waters, Rosebank holds an estimated 336 million barrels of oil equivalent, including […]

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