(Bloomberg) — Boris Johnson said he wants to keep North Sea oil and gas flowing to help tackle the rising cost of living and urged companies to boost investment. The prime minister’s comments underscore the […]
Shell has slammed the government’s windfall tax, saying while it “understands the worry for million” about the cost of living it will creates “uncertainty” about investment. This follows Chancellor Rishi Sunak announcing a so-called Energy […]
London (CNN Business)The UK government is introducing a £5 billion ($6.3 billion) tax on the windfall profits of its oil and gas companies, bowing to pressure from campaigners to raise money to help millions of people […]
A safety consultant resigned from Shell in a blaze of glory when she told executives they needed to admit that the oil giant is “failing on a planetary scale.” U.K.-based Caroline Dennett took to social media following […]
French minister optimistic on EU oil embargo deal U.S. Memorial Day weekend travel to be busiest in two years U.S. EIA crude and products storage data due later on Wednesday LONDON, May 25 (Reuters) – […]
The UK has climbed two places to third in EY’s bi-annual ranking of the attractiveness of national renewable energy investment, partly due to the Government’s increasing of wind and nuclear targets in the face of […]
LONDON, May 19 (Reuters) – Global distillate fuel oil shortages signal the business cycle is peaking and a period of slower growth or even a recession is imminent to bring consumption back in line with […]
(Bloomberg) — Eni SpA plans to spend at least 2.5 billion euros ($2.4 billion) over the next four years in the UK, amid government calls on energy companies to increase investments or face a windfall […]
(Bloomberg) — Six months ago, U.K. North Sea oil and gas faced the bleakest outlook in its 50-year history. The government was focused on hosting the COP 26 climate talks and environmental groups were close […]
Boris Johnson will set up an energy task force to bolster the UK’s oil, gas and nuclear supplies as he plots a way out of the energy crisis. Two senior industry experts at its head will […]
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