Record-breaking commodity prices resulting in sky-high gas and electricity prices have prompted calls for fundamental market reform. The European Union (EU) announced in September 2022 that it is looking to impose historic interventions in the energy market to rein in soaring commodity prices, including considering a levy on excess profits and potential gas price caps.
Paul de Leeuw
Energy group Centrica said it will donate 10% of the profits made by its British Gas retail arm to vulnerable customers, though only a fraction of bill payers are likely to benefit.
The Norwegian sovereign wealth fund; the envy of governments the world over.
Like much of his tenure as Prime Minister, Boris Johnson’s relationship with the energy sector has been somewhat rocky.
A new report from Robert Gordon University (RGU) suggests £17 billion of investment could secure the north-east’s position as a leading global energy hub, but a lack of ambition may lead to significant job losses.
Efforts to drive green job creation in the UK have “stepped up a gear” after a dedicated taskforce held its inaugural meeting.
Only six months ago, the spotlight of the world was firmly on COP26 in Glasgow as the defining moment for the world to keep ‘1.5 alive’. For a brief period, the world was united around a common goal to protect the planet from the worst impact of climate change.
The UK Government has announced plans for regulatory “accelerators" which it claimed could shave "years off” development time for new oil and gas projects in the North Sea.
The Oil and Gas Authority (OGA) has made a rebrand to the North Sea Transition Authority - here's the industry reaction to the move.
Aberdeen and Grampian Chamber of Commerce (AGCC) has said it has launched what is expected to be its "most significant" survey yet for the offshore energy sector.
Professor Paul de Leeuw examines the arguments for the renewables agenda and further North Sea production as gas price pressure mounts.
Don’t fritter away Scotland’s ScotWind millions, argues former energy minister Brian Wilson, on the £700m coming to the country's coffers.
With COP26 now in the rear-view mirror, Energy Voice has assembled a panel of experts to give their verdicts on whether the summit really was a climate change turning point.
An industry veteran says it's a “worry” to see people toasting Shell’s decision not to progress a controversial North Sea project.
Energy chiefs discussed the main knock-ons for oil and gas of COP26 during a Society of Petroleum Engineers (SPE) webinar yesterday.
Industry leaders have insisted that oil and gas firms have a “valuable role” to play in fighting climate change, despite being largely absent from the COP26 summit.
Record high gas prices could be a permanent fixture in the coming months until supply is able to catch up with global demand, experts have warned.
All eyes are on Glasgow as the world’s leaders prepare to convene for COP26, and the call to action has never been stronger as the climate crisis rolls on.
A new cross-sector alliance has been launched to show the benefits a thriving green hydrogen sector would bring to Scotland and across the UK.
“Corporate Darwinism” could come to the fore as the energy industry tries to overcome challenges by finding new and innovative ways of working.
More than half of offshore workers could be involved in low carbon energy activities by the end of the decade, according to new research.
The new Scottish Government needs to strike a “careful balance” between economic recovery and energy transition in order to protect jobs, according to an industry chief.
The contribution decommissioning can make to the low carbon future will be a key theme at OGUK’s first ever virtual conference later this month.
One in four UK oil and gas sector employees could be cut in the event of a prolonged downturn, with north-east Scotland expected to “bear the brunt”, new analysis shows.
The UK North Sea offshore industry can weather a raging storm in global oil markets, a leading expert said yesterday.