Competition watchdog warns of ‘postcode lottery’ for electric vehicle charging
The UK competition watchdog has published a review into electric vehicle charging, warning some parts of the country are at risk of being “left behind”.
UK
UK sanctions Equatorial Guinea VP, Zimbabwe exec
The UK has announced new sanctions against five people, including officials in Equatorial Guinea and Zimbabwe.
UK govt oil revenues fall 70% as price crash and decommissioning take effect
UK government revenues from oil and gas taxes have plummeted by more than 70% due to effects of the recent price crash and decommissioning repayments.
Repsol Sinopec sinks to $745million losses during ‘extraordinary year’
Repsol Sinopec Resources UK took losses of nearly three quarters of a billion dollars during an “extraordinary” and “challenging” 2020.
BCG: Distressed or bankrupt oil firms face $15billion decommissioning costs
The decommissioning costs of oil and gas firms which have recently gone bankrupt or are in financial distress is near $15billion, according to new analysis from Boston Consulting Group (BCG).
Energy Institute in skills warning that net zero could leave workers ‘stranded’
The Energy Institute has said the majority of UK workers plan to train for net zero in the coming year, but concerns persist on cost, timing, and availability of courses.
Aberdeen-HQ’d Parkmead boosts stakes in Dutch gas fields for £485,000
Aberdeen-headquartered Parkmead Group has agreed a €565,000 (£485K) deal to boost its holding in several onshore gas fields in the Netherlands.
Petrodec brings Perenco Amethyst platform to Netherlands for decommissioning
Petrodec has offloaded a platform from the Perenco Amethyst field to a yard in the Netherlands for decommissioning.
More than 500 safety incidents reported for UK onshore wind farms in 2020
More than 500 incidents were reported for onshore wind farms in the UK in 2020, according to an inaugural safety report.
Wood settles bribery cases for £127.5m
Engineering and consultancy firm Wood said tonight it had agreed to settle legacy bribery and corruption investigations in Brazil, the UK and US for £127.5 million.
UK to import Norway’s cheap hydro-power along subsea cable
The first megawatts of electricity will flow between Norway and the U.K. Wednesday along the longest submarine power cable in the world.
Majority in UK want government spending on North Sea oil redirected to renewables
Most UK adults want government spending on North Sea oil and gas redirected to renewables, according to a new campaigner survey.
KCA Deutag lands contracts worth $550m in UK, Russia and Norway
KCA Deutag has hailed a series of contract awards worth around $550million (£388m) across the UK, Russia and Norway.
Viaro Energy makes another acquisition as HALO looks ‘beyond’ upstream
Upstream business Viaro Energy has bought the Dutch portfolio of Hague and London Oil (HALO) for an undisclosed sum.
The great unfunded green hydrogen dream of Europe’s oil refiners
Europe’s oil refiners have big plans to boost the use of green hydrogen to help them make fuel, an important component of the petroleum industry’s plans to cut its operational carbon emissions.
BP nears sale of stake in UK North Sea Shearwater field to Tailwind
BP is in advanced talks to sell its 28% interest in the Shearwater field in the UK North Sea to Tailwind Energy, an explorer backed by trading house Mercuria Energy Group, people familiar with the matter said.
May 19: The end of Anne Boleyn… and the start of the UK ETS
The person in the street may not regard the 19th of May as a date of any real significance.
‘It really is a battle for very thin margins’: Heerema sets out decommissioning business concerns
Heerema, owner of the world’s largest offshore crane vessels, has said squeezed prices have made a “very difficult business case” for the decommissioning market.
CNOOC teases floating wind plan to ‘build a new energy business’ in UK
CNOOC has teased plans to electrify its North Sea platforms through floating wind and “build a new energy business” in the UK.
Neptune Energy proposing joint CCS and blue hydrogen project in the UK
Neptune Energy has thrown its hat in the ring for a licence that would underpin a combined carbon capture and blue hydrogen project in the UK, it has emerged.
‘Final farewell’ as Banff FPSO arrives in Denmark for decommissioning
Teekay has bid a “final farewell” to the Petrojarl Banff FPSO, which has now arrived in Denmark for decommissioning.
UK and Indonesia trade dialogue opens green energy opportunities
The UK and Indonesia have announced the creation of a new joint trade dialogue that will open green energy opportunities for UK companies in Southeast Asia’s largest economy.
Union boss calls out ‘degrading’ treatment of women in North Sea
A union boss has joined calls to stop “degrading” treatment of women working offshore in the North Sea.
FoE wins review on UKEF’s Mozambique LNG support
The UK government will face questions in court over the legality of its support for Mozambique LNG, following a win for Friends of the Earth (FoE).
Chad’s president killed in rebel fight
Chadian President Idriss Deby has died while visiting fighting according to reports, coinciding with his re-election.