UN chief calls for tax on excessive profits of oil and gas giants

Making record profits on the back of the poorest is immoral, António Guterres has said

UK targets 95% low carbon electricity mix by 2030

In its Energy Security Strategy, the government has set a new ambition for 50GW of offshore wind by 2030

PM to create energy taskforce to expand Britain’s oil, gas and nuclear supplies

The government is exploring options to increase domestic oil and gas production to deal with the energy crunch

Oil body gets new powers

The fledgling Oil and Gas Authority (OGA) has today been given new powers to fine companies and revoke exploration licences. Both Chief Secretary to the Treasury, Danny Alexander and Energy Secretary Ed Davey were in Aberdeen today to announce the new regulatory role for the OGA, alongside more details of the package of financial support […]

The Scottish are “in demand” for energy

Scotland’s transferable skills in the energy sector could make them a global leader in the industry. The country’s skills and expertise come from its oil and gas production in one of the world’s most demanding environments, the North Sea said experts. At a Scottish Energy Landscape debate yesterday, David Rennie, from Scottish Development International said: […]