3 d. ago Venezuela accuses Trinidad and Tobago of taking part in US seizure of oil tanker

Maduro regime accuses Caribbean nation of participating in ‘theft of Venezuelan oil’ as tensions mount in regionVenezuela has accused the government of Trinidad and Tobago of taking part in the US seizure of an oil tanker off Venezuela’s coast last week, as Donald Trump’s four-month pressure campaign against Nicolás Maduro continues to reverberate across the region.In a statement on Monday, the Maduro regime accused Trinidad and Tobago of participating in “the theft of Venezuelan oil, committed by the US administration on 10 December with the assault on a vessel transporting this strategic Venezuelan product”. Continue reading...

Events

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 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 World holds its breath: Ukraine flies to the US for Russia peace talks as Turkey condemns drone attacks on two Putin tankers amid fears of war spreading

Ukrainian negotiators are flying to the US for peace talks as the Turkish government has condemned Ukrainian drone attacks on two Russian 'shadow fleet' oil tankers in the Black Sea. 

Events

3 w. ago Government ‘taxing oil and gas sector to death’, claims trade body

The Chancellor was told Aberdeen was ‘not going down without a fight’.

Politics

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 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 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