Holyrood climate powers ‘under threat’ from lack of movement on UK ETS
The Scottish Government has claimed its ability to exercise climate powers is “under threat” over the lack of movement on a UK Emissions Trading Scheme (ETS).
Brexit
Jim Ratcliffe, Ineos majority owner and UK’s richest person, moves to Monaco
It’s official: Jim Ratcliffe, the UK's richest person and majority owner of chemicals giant Ineos, is now a Monaco resident.
Shetland eyes ‘more of that tax take’ from oil revenues in self-determination bid
The leader of Shetland Islands Council has said the region wants “to retain more of that tax take” from oil and gas revenues in its self-determination bid.
Financial impact of Covid-19 could leave governments unable to finance energy transition
Lord Ian Duncan has raised concerns that a lack of money post-Covid could leave governments unable to make the policy interventions needed to drive the energy transition.
OGUK urges government to be ‘mindful’ of impact from new Brexit customs costs
Oil and Gas UK (OGUK) has urged the UK Government to be “mindful” of any additional costs to the sector as it plans new Brexit customs charges.
Brexit ‘got in the way’ of UK sector collaborating on North Sea Wind Power Hub
Brexit has “got in the way” of the UK collaborating on a major North Sea wind “island” complex, according to one of the project’s main partners.
Scottish Government argues Brexit delay would help ‘remove instability’ for oil and gas
The Scottish Government has argued that delaying Brexit would “remove further instability” for the struggling oil and gas sector.
Energy leaders welcome UK plans for emissions trading scheme post-Brexit
Energy sector leaders have welcomed the UK Government’s intention to replace an EU emissions-busting scheme with its own version which “goes further” on reductions.
‘No-Deal’ Brexit threat looms over pandemic-ravaged UK economy
The threat of a no-deal Brexit is back -- and with it the risk that the U.K. economy’s shaky recovery from the coronavirus pandemic will be hobbled.
OGA director ‘confident’ of backing for sector deal and underwater hub this year
An industry leader has said he is "confident” of securing government backing for a sector deal and a global underwater "hub" in Aberdeen this year.
MP demands answers over Brexit impact on North Sea helicopter safety
An MP has demanded answers from the UK Government over the future of post-Brexit safety rules for North Sea helicopters.
Weathering the storm
How can energy supply chain companies weather the perfect storm of the oil and gas price crash, Covid-19 lockdown and social distancing, pressure to fully decarbonise and, of course, Brexit?
‘Urgent explanation’ needed on funding for low-carbon energy projects post-Brexit
I have just read about an “unintended consequence” of Brexit which involves sausages. Unless a derogation is achieved, Britain’s sausage makers will be unable to sell to the EU and Northern Ireland without a “special export health certificate”.
‘Knee-jerk reaction’ from investors led to Hurricane Energy’s 20% share price slide
A “knee-jerk” reaction from investors to a combination of factors including recent results, Brexit and the coronavirus have been blamed for a 20% slide in Hurricane Energy’s share price.
Total shifting ‘finance hub’ to Paris from London ‘due to Brexit’
The boss of French oil giant Total has said moving the company's financial hub out of London to Paris due to Brexit is "a logical decision".
2020 – A busy year ahead
Following the result of the general election, we can now expect to leave the EU at the end of January, although very little will change on that date as we will move into a transitional period when existing EU rules and trade terms continue to apply in the UK.
RSM’s 2020 oil and gas forecast: IR35, skills gaps and cautious optimism
Optimism with reservation
Balmoral Group reports a year of highs and lows
Balmoral Group Holdings reported a “mixed year” as it posted its first loss since 2007.
After all that, here comes Brexit
Well I think 2019 has been a terrible year.
North Sea copter firm finds way round potential no-deal Brexit pickle
Belgian helicopter operator NHV has secured key documentation to help ensure Brexit does not disrupt its North Sea operations, the firm said today.
Is your business Brexit ready?
As Brexit looms near, the Energy Industries Council (EIC), will be holding a series of free regional events and webinars to prepare members and the public how to get their business ready for Brexit.
Norwegian companies seek waiver for UK workers as Brexit looms
The Confederation of Norwegian Enterprise is seeking special dispensation for British citizens working in the Nordic country, saying the oil and gas industry risks being hit hard if the UK exits the European Union without an agreement, Dagens Naeringsliv reported.
Senior economist to help Aberdeen firms navigate Brexit
A senior economist at one of the world’s biggest professional services firms will visit Aberdeen next week to help north-east firms navigate Brexit.
One in three firms ‘scaling back’ investment as Brexit looms
Scottish business activity has fallen by 9% over the last three months against a backdrop of rising costs, falling investment and continued uncertainty, according to new figures.
Yellowhammer papers: ‘significant’ energy price increases expected
The published documents outlining the consequences of a no-deal Brexit have suggested that "significant" increases in energy prices could occur, with some firms exiting the market.