Tagged With UK
Kwarteng considers accelerating UK gas quality relaxation
30 June 2022
Minister may override for now a consultation process being run by the country’s health and safety authorities
IOG aims for Southwark gas in Q4
21 June 2022
The UKCS independent is making progress at the third of its Saturn Banks phase-one fields
UKCS firms look at investment allowance options
10 June 2022
Producers eye spending to offset windfall tax hit
Banks retain oil and gas lending caution
8 June 2022
The Ukraine crisis has not yet seen Europe’s financial institutions shift gears on lending to producers of domestic oil and gas
Viaro seeks range of growth options
7 June 2022
The relatively new entrant to the UKCS is keeping all avenues open to hit ambitious output target
New UKCS entrant takes stock of windfall impact
6 June 2022
Viaro Energy has significant growth ambitions it must re-evaluate in the wake of the UK government’s announcement
Can the UKCS adapt again?
6 June 2022
The windfall tax is a blow. But the basin has rebounded from being written off before
Concerns grow for UKCS investment
27 May 2022
Commentators are unconvinced that tax relief on spending will offset the impact of windfall levy uncertainty
UK hits producers with windfall tax
27 May 2022
The Johnson government U-turns again, while still calling for more investment
Reabold aims for project conveyor belt
26 May 2022
The firm hopes to take advantage of a shift in UKCS M&A dynamics
UK onshore shows further signs of life
24 May 2022
Producers continue to be upbeat on a previously neglected sector, despite unconsummated M&A
Sunak demands North Sea cash bonanza reinvestment
19 May 2022
UK MPs vote against a windfall tax on producers, but finance minister wants spending in return for no raid on coffers
JOG mulls myriad GBA options
5 May 2022
The firm is working with potential partners on a range of outcomes for its UKCS redevelopment project
Licensing round May update
3 May 2022
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Letter from London: Italian dealmaking contrasts with passive UK
3 May 2022
Italy and the UK are taking different approaches to energy security following the invasion of Ukraine
Consenting your energy project: Which regime applies?
25 April 2022
The cost and length of a project’s consenting process in the UK varies greatly depending on factors such as capacity and location
Serica builds its war chest
21 April 2022
The UK producer is benefitting from high prices and all the revenues from its BKR asset. But it continues to preach M&A caution
UK plans autumn licensing round
8 April 2022
The country also aims to speed project development as it outlines new energy security strategy
Trade sale exit for Siccar Point private equity backers
8 April 2022
Israeli-owned UK independent Ithaca swoops for UKCS peer
Licensing round April update
4 April 2022
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
SNP rows back on North Sea drilling opposition
25 March 2022
Scotland’s largest political party recognises that the Ukraine crisis has changed the game
Harbour bullish on UKCS drilling
17 March 2022
The firm will add a fifth rig as it seeks to extend reserve life in the basin
Johnson reaffirms commitment to UKCS oil and gas
15 March 2022
Prime minister sees a role for the basin in greater UK energy independence, as lobby group puts its head above the parapet on windfall tax calls
IOG achieves first gas
14 March 2022
UK independent flows SNS molecules to Bacton
US and UK ban Russian oil imports
9 March 2022
The allies call a halt to deliveries, but Biden seems accepting that more exposed European countries will not follow suit
IOG completes UK gas reception facilities
7 March 2022
Producer set to bring on new UKCS volumes amid yet another record-breaking price spike
UK’s flexibility funding gap presents investment opportunities
28 February 2022
Substantial private sector finance needed to back a rapid scale-up of low-carbon flexibility technologies as UK decarbonises its energy system
Letter from Edinburgh: Scotland’s oil balancing act
18 February 2022
The recent blow to plans for developing the Cambo oilfield illustrates the country’s changing and increasingly uneasy relationship with oil
Market takes heart from UK government’s North Sea commitment
11 February 2022
Renewed backing for project sanctions boosts UKCS mood
Deltic retains exploration enthusiasm
3 February 2022
The UK independent has successfully brought in partners and is gearing up to drill
i3’s UKCS race not run yet
31 January 2022
The UK-listed independent has pivoted more towards Canada. But that does not speak to diminished enthusiasm for the North Sea basin
Social licence needed in a decarbonising world
28 January 2022
Oil and gas producers can become part of the solution. But only if they can maintain, or regain, public trust
Challenges aplenty but opportunity remains for UKCS
27 January 2022
There is life in the old North Sea dog yet
UK High Court throws out upstream challenge
18 January 2022
Activists’ efforts to have the revised OGA Strategy ruled unlawful are rejected by judge
UKCS still attracting buyers
18 January 2022
Healthy appetite remains despite an evolving oil and gas landscape
UK onshore firm receives six approaches
17 January 2022
With plans to restart production from an idled gas field, Angus Energy has found no shortage of interest
UK-listed independents get busy
11 January 2022
Shareholder antipathy towards oil and gas is no stumbling block to activity
GB road-fuel sales remain below pre-pandemic levels
6 January 2022
The country’s gasoline and diesel volumes struggle to reach February 2020 demand
Sturgeon omits Cambo from conference speech
30 November 2021
No mention of the potential UKCS development in Scottish leader’s address to her party
Outlook 2022: A ‘just’ or ‘just in time’ transition for the UK North Sea?
25 November 2021
For over 200 hundred years, the world has relied on fossil fuels for affordable, reliable energy. How does it get to an economy based on greener energy without triggering an adverse reaction?
All eyes on Opec+ after Biden’s SPR gamble
24 November 2021
How the cartel reacts to record release of barrels is the key variable for oil markets
Flaring risk for Hurricane
16 November 2021
Too much gas could accelerate decommissioning of key remaining asset
OGA takes aim at Elgin-Franklin laggards
26 October 2021
The UK upstream regulator is unhappy at partners in the field dragging their feet on the sale of ExxonMobil’s stake
Could Boris Johnson drop a Cop bombshell on UK oil and gas?
14 October 2021
Industry figures warn the quixotic British prime minister might choose Glasgow talks to make a grand gesture on the UKCS’ future
Greenpeace makes further UK anti-oil protest after court defeat
12 October 2021
The beleaguered E&P sector can breathe easier after legal ruling against the environmental NGO. But it has taken its message directly to the heart of the political establishment
Shell and Octopus join ‘Big Six’ in backstopping UK supplier collapses
30 September 2021
Oil major and established independent step in as smaller new gas and power market entrants flounder
‘Gas crisis’ brings UKCS supply into focus
21 September 2021
The UK’s vulnerability to high international prices may offer an opportunity to remake the argument for domestic production
UK parliamentarians take aim at Russian gas politics
21 September 2021
Fingers pointed at the Kremlin as the primary driver of spiking European gas prices
Why the SNP is wrong about Cambo
9 September 2021
Scotland’s largest party stands accused of failing to see the big picture on the UK oil and gas industry’s contribution to the energy transition
OGUK issues North Sea investment warning
2 September 2021
The industry lobby group is concerned that a slowdown in UKCS spending does not translate into a stop
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