UK Industrial Strategy needs to recognise oil and gas
The 160-page document mentions oil a total of three times, and gas seven.
The 160-page document mentions oil a total of three times, and gas seven.
University of Aberdeen research warns of potential impact from proposed EPL changes, but Treasury says it is "right that the oil and gas sector contributes" to UK energy transition.
UK energy secretary Ed Miliband is set to visit Aberdeen on Thursday, promoting billions of potential funding and policy measures to support Scotland's energy sector.
The UK energy sector has welcomed confirmation that GB Energy's headquarters will be based in Aberdeen, but called for more clarity over the government's energy policy.
UK energy minister Michael Shanks has urged North Sea investors to "look beyond" the government's proposed windfall tax, despite warnings the oil and gas sector is "under threat".
UK government plans to raise the windfall tax on North Sea oil and gas firms could cause a £13 billion hit to the UK economy between 2025 and 2029, a report has found.
OEUK says next few weeks will be "critical" as Treasury Minister promises ongoing talks on windfall tax changes ahead of October budget.
The Labour Party released its election manifesto promising a “phased and responsible” transition in the North Sea and pledged to make Britain a “clean energy superpower”.
Offshore Energies UK has this month launched its manifesto for the general election with a list of essential proposals for the incoming government as we ramp up the homegrown energy transition and the drive for net zero.
Looking to the Scottish Conservative conference and the looming spring budget David Whitehouse hopes government can unlock investment.
OEUK claims up to 42,000 jobs would be lost under Labour's plans, which would see North Sea firms turn off investment taps.
Trade body chief executive, David Whitehouse, will chair Offshore Europe 2025 and the executive committee for SPE ahead of the event, set for Aberdeen.
“We want the oil and gas sector to be the most inclusive sector to come and work” says OEUK boss following disappointing D&I reporting from its member organisations.
With an ongoing cost of living crisis, war in Ukraine, and increasingly evident impacts of climate change, energy policy has been firmly at the centre of the political debate.
Keir Starmer's Aberdeen visit has made "postive steps" for his relationship with the energy sector, however, it is "too little too late" for his political rivals.
The first King's Speech in over 70 years has outlined plans to "attract record levels of investment in renewable energy" - but experts say fresh measures are needed to achieve that.
Oil and gas sector representatives have welcomed the offer of dozens of new exploration licences across the North Sea as part of the 33rd Licensing Round.
A “colossal” £200bn could be spent in the UK North Sea by 2030, but about half of that is in investment doldrums over political uncertainty.
His comments come ahead of a rumoured government summit dedicated to reversing the flight of capital from the North Sea.
Making the most of the UK's resources is the best pathway to energy security and net zero.
North Sea trade body Offshore Energies UK (OEUK) hit out at a new report today from the Committee on Climate Change, describing the findings as "paradoxical".
An industry boss has questioned the UK’s ability to source the £1.4 trillion needed to zero out carbon emissions by 2050.
‘I relish the challenge’ says new OEUK chief executive David Whitehouse on winning over policymakers.
The new head of Offshore Energies UK (OEUK) says that despite record-breaking profits, Britain’s energy sector is struggling in the face of increasing taxes and a supply chain crunch.
Energy policy and legislation has dominated the political agenda at Holyrood and Westminster since parliamentarians returned in January.