The UK faces a “significant risk” of gas shortages this winter and could enter an emergency that would see power stations switched off, according to regulator Ofgem.
European Oil and Gas news
Chevron has completed its farm in to a licence offshore Namibia, close to the Venus and Graff discoveries by TotalEnergies and Shell respectively.
Infrastructure developer Carlton Power has secured planning permission for a £300 million decarbonisation project.
Sval Energi has closed its acquisition of interests in the Martin Linge and Greater Ekofisk Area from Equinor and the acquisition of Suncor Energy Norge.
A group of Just Stop Oil protesters have staged a sit in outside No 10 Downing Street and Trafalgar Square. They have pledged to return “every single day” until the government meets the group’s demands.
French supermajor TotalEnergies (LON: TTE) is ramping up activity at its Glendronach gas discovery West of Shetland.