Britain’s ruling Conservative Party said it would cap domestic energy prices if it retained power in an election in June, targeting an industry it accuses of not working properly and Continue Reading
A large oil find has been declared 60 miles west of Shetland, off the north coast of Scotland. It’s being described as the UK’s “ largest undeveloped discovery ”. Taken Continue Reading
BP Plc agreed to sell the Forties pipeline, one of the most important pieces of oil infrastructure in the U.K. North Sea, to Ineos AG for $250 million. Ineos will Continue Reading
Operators are improving the ways in which they search for North Sea decommissioning staff, according to a new report by the Boston Consulting Group. Operators are improving the ways in Continue Reading
BP plans to sell more refineries without investing in new plants despite growing oil production and will focus on modernizing existing operations while expanding its network of filling stations to Continue Reading
An industry trade group sees confidence returning to the British North Sea, but lingering challenges remain for oil and natural gas. File photo by Maryam Rahmanian/UPI. March 7 (UPI) — Continue Reading
U.K. oil and gas production will continue to grow through 2018, putting it on course for the longest expansion in almost two decades, amid project startups and productivity gains, an Continue Reading
Despite capital investments coming in at an all-time high, a British survey of oil and gas activity found few projects were delivered on time and under budget. The official British Continue Reading
In the wake of the expected growth trends set out by its energy outlook, BP plc revealed in its latest strategy update that it anticipates production to increase by an Continue Reading
Every winter, as if on cue, the coughing begins. As soon as the weather turns cold, Tara Carey, an international aid worker living in London, ritually places cough syrup on Continue Reading
The report of an independent review of UK tidal lagoon energy was published on 12 January 2017 by a former UK energy Minister Charles Hendry. The report praises the proposed Continue Reading
The decline of Britain’s biggest gas storage site and the lack of new-build to replace it will increase dependency on imports over the next few years, boosting wholesale market volatility Continue Reading
Volvo Buses has received an order for eight electric buses, the Volvo 7900 electric, from Transdev Blazefield, the owner of the Harrogate Bus Company in the UK. Operations start in Continue Reading
BP is looking at ways to incrementally increase its footprint in U.S. shale oil and gas production, its Chief Executive Officer Bob Dudley said on Tuesday. Dudley said the company Continue Reading
I’ve been discussing the return of big oil and gas M&A the last several weeks. And yesterday we got more confirmation it’s “money on” right now in the global petroleum Continue Reading
Royal Dutch Shell Plc, looking to pare debt swollen by last year’s acquisition of BG Group Plc, accelerated its drive to shed assets on Tuesday by agreeing to the sale Continue Reading
Two groups of Church of England advisers have cautiously endorsed fracking for shale gas in the United Kingdom provided it does not conflict with climate change policy and robust regulations Continue Reading
Following poor success across Europe, including Poland, Ukraine, France, the Netherlands, and Denmark, the UK now remains the last candidate province for European shale gas and oil in the near Continue Reading
The Church of England said Wednesday it added its voice to the chorus of those taking a stand on the fledgling shale natural gas industry in the country. “As more Continue Reading
Oil and natural gas activity off the British coast should wax and wane in the short-term after one of the industry’s worst years, Wood Mackenzie finds. Lower crude oil prices Continue Reading
The ‘lower for longer’ oil price reality of the past two years has spared virtually no one in the industry, and the UK’s oil and gas companies have been among Continue Reading
It’s Christmastime on Oxford Street. Brilliant displays of white lights rain from above. Decked-out shoppers dash from one gaudy sale to the next. And Johnny Conquest breathes in poison. “The Continue Reading
With the rebound in oil prices underway and the astronomic costs stemming from the 2010 Deepwater Horizon disaster in the rear view mirror, BP is once again looking to make Continue Reading
Britain’s High Court ruled on Tuesday that a local government’s shale gas fracking permit award to developer Third Energy was legal, claimants Friends of the Earth said in a statement. Continue Reading
Green energy firm Ecotricity is challenging the fracking industry by submitting applications for its new Green Gas Mills on sites already proposed for fracking. Green energy firm Ecotricity is challenging Continue Reading
Bob Dudley UK’s oil major BP (NYSE:BP) will double its production in the North Sea to 200,000 barrels of oil per day, chief executive Bob Dudley said in an interview Continue Reading
Oil and gas extraction in the UKCS decreased by 10% year-on-year, and by 10.8% month-on-month, in October, according to the latest numbers from the Office for National Statistics (ONS). Oil Continue Reading
Based on the success of two Irizar 100% i2e electric buses that have been operating in London since June 2015, London’s largest transport operator, Go-Ahead, is incorporating the buses into Continue Reading
In northeastern England, a battle is raging between grass roots campaigners and a company intent on digging a new open cast mine as world coal prices soar. A year after Continue Reading
When President-elect Donald J. Trump met with the British politician Nigel Farage in recent days, he encouraged Mr. Farage and his entourage to oppose the kind of offshore wind farms Continue Reading
When President-elect Donald J. Trump met with the British politician Nigel Farage in recent days, he encouraged Mr. Farage and his entourage to oppose the kind of offshore wind farms Continue Reading
The last coal power station in Britain will be forced to close in 2025, the government said as it laid out its plan to phase-out the polluting fossil fuel. Ministers Continue Reading
The majority of us will say check out last year’s figures – only 13 exploratory wells were drilled in 2015. As energyvoice.com put it – “Exploration in British waters has Continue Reading
December flow set to increase to 2.16 million barrels a day U.K.’s Forties field, Norway’s Grane crude driving surge Oil producers in the North Sea, home to one of the Continue Reading
Demand to top out in 5-15 years, before supply peaks Royal Dutch Shell Plc, the world’s second-biggest energy company by market value, thinks demand for oil could peak in as Continue Reading
British energy company BP said Tuesday it confirmed a pledge to invest as much as $300 million in developing reserves in Russia alongside oil company Rosneft. BP issued a statement Continue Reading
BP ( NYSE:BP ) reported on Tuesday a third-quarter profit that beat analyst estimates, but weaker oil prices and sharply lower refining margins dragged its earnings down by almost a Continue Reading
Royal Dutch Shell PLC reported a marked increase in third-quarter profit Tuesday, reversing a successive decline in earnings this year as its drive to lower costs to counter weak oil Continue Reading
BP PLC’s third-quarter profit rose 35%, reversing three successive quarters of losses, as the company began to feel the benefits from cost reductions that are helping to offset continued weakness Continue Reading
Here’s something that most of you probably knew but didn’t really want to see written in a report: the number of jobs in the UK’s oil and gas sector has Continue Reading
Royal Dutch Shell has agreed to sell Western Canadian shale-oil and gas assets valued at… Shell said Thursday it would sell developed and undeveloped acreage in the Canadian provinces of Continue Reading
Filled oil drums are seen at Royal Dutch Shell Plc’s lubricants blending plant in the town of Torzhok, north-west of Tver, November 7, 2014. Royal Dutch Shell is currently offering Continue Reading
BP chief executive Bob Dudley expects oil to trade at $50-$60 a barrel next year, he said on Tuesday, adding that his company would break even at prices slightly below Continue Reading
Oil harbour Industry body Oil & Gas UK has tried to put a positive spin on its own estimate that the UK offshore oil and gas sector would lose 120,000 Continue Reading
Shale oil has a place in the British energy mix, but exploitation will require environmental safeguards and industry expertise, a government agency said. The future of British energy is uncertain Continue Reading
The British government needs a new set of guidelines to address shortfalls in policies in place to cut emissions, a government committee on climate change said. Britain under its Climate Continue Reading
The demand for North Sea decommissioning is increasing, says Jee Ltd.’s Jonathan McGregor. The demand for decommissioning work in the North Sea is increasing, Jonathan McGregor, head of engineering at Continue Reading
U.K. shares closed just 0.1 percent away from a record, amid surges in energy and commodity producers after President Vladimir Putin said Russia is ready to OPEC in limiting oil Continue Reading
Baker Hughes says 27 rigs operate in region, below 1999 low North Sea has been badly hit by the slump in oil prices The number of rigs drilling for oil Continue Reading
Steve Elliott, chief executive of the Chemical Industries Association, says Yes. Concerns that UK energy is expensive, and may be insecure, undermine investment. We need firms to invest in the Continue Reading
