Shell, Equinor and bp secure key stake in UK’s mega oil and gas licensing round

Twenty four licences have been offered to seventeen companies, including industry leaders

Oil and gas licences may not cut energy bills, says Energy Secretary

Energy Secretary Claire Coutinho has acknowledged that the North Sea oil and gas licensing plan may not reduce energy bills as it safeguards prosperity and job security

Brits put climate on ice as living costs soar

More than half of British people are too preoccupied with the rising cost of living to prioritise climate change concerns, according to a survey

UK ministers to push energy giants for North Sea oil and gas projects

UK ministers will reportedly meet with energy majors, including Shell and bp, urging them to reinvest profits in new North Sea oil and gas ventures

Business Secretary: “We must get every cubic inch of gas out of the North Sea”

During a BEIS meeting, Jacob Rees-Mogg reportedly told staff that domestic gas is “unquestionably more environmentally friendly” than imports

Minister hails “extraordinary” demand for oil licenses

Energy Minister Michael Fallon yesterday claimed the UK’s North Sea is still attractive to the oil and gas industry, pointing to “extraordinary” interest in new exploration licences. The latest round of bids to hunt for oil and gas offshore had 173 applications for around 370 blocks, by the time it closed on Friday 25 April. […]