6 h. ago Trump signs executive orders to spur US ‘nuclear energy renaissance’

President aims to construct new nuclear reactors as he implements his own energy policies and undoes Joe Biden’sDonald Trump signed a series of executive orders on Friday intended to spur a “nuclear energy renaissance” through the construction of new reactors he said would satisfy the electricity demands of data centers for artificial intelligence and other emerging industries.The orders represented the president’s latest foray into the policy underlying America’s electricity supply. Trump declared a national energy emergency on his first day in office over and moved to undo a ban implemented by Joe Biden on new natural gas export terminals and expand oil and gas drilling in Alaska. Continue reading...

Politics

11 h. ago Reform UK promises to reverse ban on new North Sea oil drilling if elected

Party spokesperson says policy has ‘clear benefits for securing jobs and energy independence’Reform UK has promised to reverse the government’s ban on fresh North Sea oil and gas drilling as a “day one” priority if elected to power, with the taxpayer taking a stake in the projects.Richard Tice, the party’s deputy leader, has met with senior UK oil executives in recent weeks to pledge the party’s support for the industry, which has been hit hard by the government’s windfall tax and moves to block fresh North Sea exploration licences. Continue reading...

Politics

12 h. ago UK should get rid of ‘unsightly windmills’ and drill for North Sea oil – Trump

The US President was writing about the effects of the trade deal with the UK on his social media platform.

Politics

14 h. ago Trump demands Starmer ditch wind power and revive North Sea oil with Aberdeen as the hub

President says UK must abandon “costly and unsightly windmills”

Politics

15 h. ago Trump launches extraordinary attack on Labour's Net Zero drive branding wind farms 'unsightly' and urging more 'drilling' in North Sea

Donald Trump criticised Keir Starmer for focusing on 'costly and unsightly windmills' - insisting there should be more drilling in the North Sea.

Politics

16 h. ago Trump tells Starmer to stop building ‘unsightly windmills’ and drill for more oil in North Sea

US President hits out at prime minister’s net zero strategy

Politics

20 h. ago Ofgem confirms energy bills are set to fall by £129 under latest price cap

It comes after US president Donald Trump's aggressive tariff plans led to a significant slump in gas and oil prices

Economics

20 h. ago ‘Ludicrous and unfair’: older workers react to pressure to delay retirement

IMF is urging countries globally to act to ease stress on public finances, sparking mainly outrage but also supportAs French workers stage yet another public show of discontent about president Emmanuel Macron’s raising of the state pension age from 62 to 64, the International Monetary Fund has urged governments to encourage fit, older workers to delay retirement.Its recommendation is that people of the baby boomer generation should stay in work for longer to help balance public finances amid fiscal pressures caused by an ageing global population. Continue reading...

Events

36 h. ago Drama as country accused of stealing neighbouring nation's wind

Belgium has built a load of renewable wind farms in the North Sea but now, an expert has claimed that they are actually pinching some of neighbouring Netherlands' wind

Events

36 h. ago Dutch safety board calls for urgent improvements after deadly North Sea cargo ship blaze

A Dutch safety watchdog says that protocols for responding to emergencies on busy North Sea shipping routes off the Dutch coast must be urgently improved

Events

36 h. ago Broken helicopter blade ‘narrowly missed’ worker on oil rig, report finds

The incident occurred on the Elgin Oil Platform in the North Sea in February 2023 during Storm Otto.

Politics

41 h. ago Oil and gas workers face ‘unjust transition’ with no plan, commission warns

The Just Transition Commission said urgent action is needed to ensure the transition from fossil fuels happens fairly.

Events

66 h. ago North Sea leaders and energy workers urge Keir Starmer to scrap oil and gas windfall tax

Open letter with more than 2,500 signatories warns there is a ‘grave risk’ of world-leading skills being lost

Politics

69 h. ago North Sea leaders and energy workers urge Starmer to scrap oil and gas windfall tax

Open letter with more than 2,500 signatories warns there is a ‘grave risk’ of world-leading skills being lost

Politics

3 d. ago US oil firms pumping secret chemicals into ground and not fully reporting it

Study shows firms in Colorado, including Chevron, have pumped 30m lbs of chemicals in 18 months without meeting all disclosure rulesColorado oil and gas companies have pumped at least 30m lbs of secret chemicals into the ground over the past 18 months without making legally required disclosures, according to a new analysis.That’s in spite of first-in-the-nation rules requiring operators and their suppliers to list all chemicals used in drilling and extraction, while also banning any use of Pfas “forever chemicals” at oil and gas sites. Since the transparency law took effect in July 2023, operators have fracked 1,114 sites across the state, but as of 1 May chemical disclosures have not been filed for 675 of them – more than 60% of the total, the analysis says. Continue reading...

Politics

3 d. ago New EU sanctions target Russia's shadow fleet of tankers illicitly transporting oil and gas

The European Union has agreed fresh sanctions to impose on Russia, notably targeting almost 200 ships from the shadow fleet illicitly transporting oil to skirt Western restrictions imposed over the war on Ukraine

Events

3 d. ago Millions of workers urged to check key code on document arriving in days

Your P60 summarises your total pay and deductions for the tax year and also contains your final tax code - so it is important you check this is correct in case you owe money to HMRC

Economics

4 d. ago Weird sea creature ‘balloons’ are washing up on North Carolina beaches

Officials are issuing warnings for Portuguese man-of-war along a roughly 150-mile stretch from Cape Lookout in North Carolina to the South Carolina state line

Politics

4 d. ago Energy bills set to fall for millions of households within months

Bills are set to fall due to fluctuations in global gas and oil prices

Economics

5 d. ago Revealed: European ‘green’ investments hold billions in fossil fuel majors

Exclusive: Funds with names such as ‘Sustainable Global Stars’ have stakes in some of the world’s biggest pollutersEuropean “green” funds holding more than $33bn of investments in major oil and gas companies have been revealed by an investigation, despite fossil fuels being the root cause of the climate crisis. Some of these investment funds used branding such as Sustainable Global Stars and Europe Climate Pathway.Over $18bn was invested in the five biggest polluters: TotalEnergies, Shell, ExxonMobil, Chevron and BP. These topped a 2023 Carbon Majors ranking for oil and gas production among shareholder-owned firms. Other investments by funds following EU sustainable finance disclosure regulations (SFDR) included those in US fracking company Devon Energy and Canadian tar sands company Suncor, the investigation by Voxeurop and the Guardian found.A Legal & General Investment Management (LGIM) fund called Europe Climate Pathway had $88m invested in Shell, BP and TotalEnergies. In to...

Economics