UK warned of potential £450bn loss due to energy policy uncertainty

The latest report from Offshore Energies UK cautions that unstable energy policies and tax regimes could result in the UK missing out on a potential £450 billion growth in the domestic offshore energy market by 2040

Energy industry launches urgent talks on Labour’s tax plan

Offshore Energies UK is convening emergency summits this week at its London and Aberdeen offices, gathering its members

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

Energy industry reacts to Rishi Sunak as Prime Minister

Rishi Sunak has been urged to further boost onshore and offshore wind

Offshore wind turbines ‘must triple to help the UK meet its targets’

The UK must speed up the rate of offshore wind projects to hit its Energy Security Strategy targets, according to a new report

“UK has the capacity to hold two centuries’ worth of its current emissions”

UK’s carbon capture and storage could be worth £20 billion in the next ten years, according to a new report

Rishi Sunak meets with oil and gas industry amid windfall tax concerns

The industry has said the Energy Profits Levy will create damage to oil and gas companies

Companies might be asked for quarterly green plans to avoid windfall tax

New government plans could see business green investments scrutinised

“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