41 h. ago Rachel Reeves denies 1,000 North Sea oil and gas jobs being lost every month

Industry leaders have blamed a windfall tax on the profits earned by energy giants for thousands of lay-offs in Scotland.

Society

1 week ago Canada’s environmental ‘realism’ looks more like surrender | Tzeporah Berman

At a time when the UK and other countries are finally taking bold steps for climate, Canada is preparing a new oil pipelineLast week, the United Kingdom did something all too rare: it chose leadership by backing science and prioritizing public safety. The Labour government announced it would ban new oil and gas licences in the North Sea, strengthen a windfall tax and accelerate phasing out of fossil-fuel subsidies.These are not symbolic gestures. They are an acknowledgment that the global energy system is shifting and that mature economies must shift with it.Tzeporah Berman is a Canadian environmental activist, campaigner and writer Continue reading...

Politics

2 w. ago Whatever happens to Rachel Reeves, this was a bad Budget for Scotland

From the lack of help for North Sea oil and gas and Scotch whisky to a new charge on electric vehicles, the Budget saw measures that will hit Scotland hard

Politics

2 w. ago After disappointing Budget, here's what North Sea oil industry needs from Labour

The North Sea has powered this country for decades and can underpin the next chapter of our energy transition too – if governments make the right decisions

Politics

2 w. ago Harbour Energy slashes ANOTHER 100 jobs as windfall tax bites

Oil and gas firm Harbour Energy is cutting another 100 North Sea jobs in the North Sea after the Chancellor refused to axe the windfall tax in the Budget.

Politics

2 w. ago Harbour Energy to axe 100 offshore jobs amid windfall tax pressure

Harbour said it has come under pressure from lower commodity prices and an ‘uncompetitive tax regime’.

Events

2 w. ago North Sea job cuts: Oil and gas firm Harbour Energy to axe around 100 offshore jobs

100 offshore jobs out of around 700 are at risk amid pressure from UK windfall taxes.

Society

3 w. ago UK Government to allow oil and gas extraction near existing North Sea fields

Energy Secretary Ed Miliband said it is a ‘world-leading’ plan

Politics

3 w. ago North Sea oil boost as Ed Miliband eases restrictions on new drilling in existing fields

Ed Miliband, the UK Energy Secretary, said the new plan would ensure the North Sea "is an energy powerhouse throughout the twenty first century".

Politics

3 w. ago North Sea oil boost as Ed Miliband announces new drilling in existing fields can go ahead

Ed Miliband, the UK Energy Secretary, said the new plan would ensure the North Sea "is an energy powerhouse throughout the twenty first century".

Politics

3 w. ago UK Budget: Labour to water down North Sea oil and gas licensing ban vow with 'tie backs' compromise

Labour vowed to end all new oil and gas licences in a flagship manifesto commitment

Politics

3 w. ago UK Budget: Labour waters down North Sea oil and gas licensing ban vow with 'tie backs' compromise

Labour vowed to end all new oil and gas licences in a flagship manifesto commitment

Politics

3 w. ago Ambitious plan to store CO2 beneath the North Sea set to start operations

INEOS plans to transform the Nini oil field in the North Sea into a carbon storage site

Politics

3 w. ago Alarm as North Sea oil and gas faces 2028 decommissioning tipping point as Rachel Reeves urged to act

The UK Labour government's energy profits levy has been partly blamed for accelerating the decline of the North Sea oil and gas industry.

Events

3 w. ago Failure to scrap windfall tax will 'sound death knell' for North Sea oil, Rachel Reeves told

The Chancellor has also been warned to make ‘hard choices” and avoid “death by a thousand taxes” by one of Britain’s biggest business leaders ahead of Wednesday’s announcement.

Events

3 w. ago Scots oil worker who died on North Sea rig to be remembered with tribute at Aberdeen game

The special tribute will take place during Aberdeen's game against Hearts at the weekend.

Events

4 w. ago North Sea oil and gas sector is holding its breath as it awaits answers

Chris Sawyer says the oil and gas industry’s supply chain will also support the transition to renewables – so it must be maintained

Politics