North Sea oil

Labour’s oil and gas ban will create £4.5bn tax black hole, Energy Secretary Claire Coutinho warns

Labour’s oil and gas ban will create £4.5bn tax black hole, Energy Secretary Claire Coutinho warns

Business
Robert Johnson

Tory strategists have turned fire on Labour’s energy policy after accusing Sir Keir and Ms Reeves of plotting 17 “secret” tax rises ...

Work on North Sea’s ‘best remaining oil field’ delayed amid fears of Labour tax raid

Work on North Sea’s ‘best remaining oil field’ delayed amid fears of Labour tax raid

Business
Robert Johnson

Mr Benitz said preparatory work would continue for now, including surveys of the seabed needed prior to drilling and preparation of the ...

Biggest North Sea oil find in decades to be drilled for first time

Biggest North Sea oil find in decades to be drilled for first time

Business
Robert Johnson

A spokesman for Offshore Energies UK, the industry trade body, said: “Continued investment in UK energy opportunities, including oil projects, is necessary ...

Britain’s gas network still using engines from 1960s RAF fighter jets

Britain’s gas network still using engines from 1960s RAF fighter jets

Business
Robert Johnson

Mr Butterworth said: “We’re having a right old battle because everyone thinks gas should be turned off by 2035. “It means I’m ...

why job losses are about to accelerate

why job losses are about to accelerate

Business
Robert Johnson

Katy Heidenreich, a director at Offshore Energies, the trade body for the offshore sector, says that preserving British jobs in the energy ...