UK’s net zero at risk as majority of offshore firms cut North Sea investment

Political uncertainty and windfall taxes are driving away necessary investments to maintain North Sea oil and gas production, a report has warned

MPs urge government to set clear end date for new oil and gas

The Environmental Audit Committee has said the UK needs a national ‘war effort’ mobilisation to transition away from fossil fuels

UK oil and gas producers to meet with Chancellor today

Oil and gas majors are expected to share their concerns over the government’s decision to increase the windfall tax

Sunak slammed over decision to skip COP27 summit

Campaigners have said that Sunak is like “a runner failing to turn up with the baton at a crucial stage of the relay”

‘Who is going to pay for the energy bill freeze?’

Liz Truss has reiterated her opposition to a potential extension of a windfall tax on energy companies’ profits

‘I will deliver on the energy crisis’, says Liz Truss

New Prime Minster says she will prioritise tackling the cost of living crisis and lowering energy bills

Campaigners say UK’s fracking firms may be eligible for tax breaks

Fracking firms may be able to claim even more tax relief than offshore oil and gas firms, according to a report

Windfall tax threatens oil and gas investment in North Sea, says Shell

The energy giant has said the levy “creates uncertainty”

Boris Johnson hints at what energy security strategy will include

The Prime Minister has said the UK has “failed for a generation” in securing enough long-term energy supply

“The UK could be wholly dependent on oil and gas imports within 15 years”

The government has been criticised over lack of commitment to the oil and gas industry’s future