Oil and gas contractors strike: crisis looms as talks collapse

Around 200 workers will take action across more than 20 oil and gas platforms

COP28 President urges Big Oil to join climate change fight

Al Jabar has said “we should stretch ourselves to go further” as only half of the oil and gas industry has committed to a Scope 1 and 2 net zero goal by 2050

UK has capacity to store same carbon it produced since Industrial Revolution

The oil and gas regulator has revealed today it will soon announce the results of the UK’s first-ever carbon storage licensing round

Dismantling old North Sea wells could cost £20bn

It is estimated around 2,100 wells in the North Sea will be decommissioned over the next decade

US oil and gas industry slams Biden over crisis after OPEC+ decision

The White House has said it has no choice but to encourage domestic output

bp’s profits skyrocket as energy crisis deepens

Underlying profits of the energy giant hit $8.45 billion – the second highest figure in the company’s history

Shell reports its highest ever quarterly profits

Shell profits soared to $9.1 billion amid calls for a windfall tax

Oil and Gas Authority rebrands as North Sea Transition Authority

Oil and gas are still “vital” for energy security, the regulator has said

HSBC sets tougher emissions reduction targets for oil and gas clients

The bank has pledged to reduce oil and gas financed emissions by 34% by 2030