Graham Stuart says oil and gas is not ‘some terrible Tory choice’ but the ‘nature of this economy’
scottish affairs committee
Meanwhile the UK Government has pledged an update on Track 2 - part of its £1bn carbon capture fund - in spring.
A lack of movement on carbon capture and storage (CCS) could be slowing the UK’s adoption of low carbon hydrogen.
Oil giant BP (LON: BP) has been inundated by applications from workers vying to transition into the low carbon energy space.
The Scottish Affairs Committee has launched a new inquiry into what role Scotland can play in the UK’s hydrogen and carbon capture ambitions.
Westminster’s Business Secretary Kwasi Kwarteng is being urged to use his powers to address the issue of fair grid access for renewables projects.
The UK Government says it will not direct Ofgem to review the Scottish grid to future-proof it for additional renewables capacity, in response to recommendations made by the Scottish Affairs Committee.
A union chief has slammed the UK Government’s flagship green recovery blueprint, describing it as “10 times too unambitious”.
UK Government ministers have been told that the current transmission charging system is “entirely contrary” to the net zero agenda.
The disincentive of grid charging to renewables developments north of the border might not as damaging as has been feared.
A government committee has been told it needs to work industry in order to nurture Scotland's wind manufacturing backbone.
More than 7,500 oil and gas workers have lost their jobs since the onset of the coronavirus crisis and tens of thousands more could go, industry leaders have warned.
A sector deal for the oil and gas industry is now “unlikely” after ministers rebuffed the recommendations of an influential Commons committee, it has been claimed.
MPs from across the political spectrum yesterday urged the UK Government to make progress on a vital deal to sustain the North Sea energy industry.
As someone who provided written evidence to the House of Commons Scottish Affairs Committee, The future of the oil and gas industry, I attended the launch of the final report at an Oil and Gas Technology Centre session on Monday, February 4th.
A key player behind the oil and gas sector deal yesterday called for more “urgency” in implementing the proposals.
An “ambitious” oil and gas sector deal will be crucial to protect the north-east’s status as a global energy powerhouse, a new report said.
The oil industry will get an update on its bid for a money-spinning sector deal in “weeks, not months”, the UK’s energy minister said yesterday.
Keeping old oil and gas platforms in place could be a “triple win” for the North Sea, creating a fresh wave of employment, according to a conservationist group.
The north east subsea sector could miss out on a multi-billion pound opportunity without “critical” support from the UK government, an industry veteran has warned.
Onshore oil and gas production would be a “powerful addition” to Scotland’s “portfolio”, an industry veteran said.
North Sea industry needs more “transparency” on the delivery of a multi-billion pound sector deal before it can make greater strides to secure its future, oil chiefs said.
Uncertainty surrounding Brexit could result in a "missed opportunity" for the North Sea oil and gas industry, MPs have been told.
The Oil and Gas Technology Centre (OGTC) will give evidence to an inquiry into the future of the sector in Aberdeen next week.
Unite is to call on the UK government to provide the offshore sector with “strategic state support” to address emerging challenges.