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The Latest Breaking News from North Sea Transition Authority

Oil and gas operators fined as part of emissions crackdown

EnQuest, Equinor and Spirit Energy receive penalties worth £265,000

Insider UK

Campaigners call for end to fossil fuel subsidy as windfall tax increases

THE UK Government’s move to increase the windfall tax on oil and gas companies "makes little difference" when it comes to…

The National (Scotland)

North Sea Transition Authority suggests measures to boost oil and gas production as drilling activity remains low

Production totalled 480m barrels in 2021, compared with 600m in 2019

Insider UK

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UK offers new North Sea oil and gas licences despite climate concerns

Greenpeace calls process, which will run until end of June, ‘possibly unlawful’

The Guardian - UK

Rees-Mogg: New oil and gas licensing will boost UK economy and energy security

Energy Secretary Jacob Rees-Mogg spoke as the North Sea Transition Authority began its latest round of licensing for offshore oil and gas.

The Independent UK

North Sea oil and gas industry ‘on track to meet emission reduction targets’

The North Sea Transition Authority said there had been emission reductions of more than one fifth between 2018 and 2021.

The Independent UK

Rough's return for gas storage gets go-ahead as steps are taken to ease energy crisis

Centrica granted approvals and consents by North Sea Transition Authority

Birmingham Post

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East Coast Cluster carbon storage licence success is another step towards Net Zero ambition

Combined Humber and Teesside project is sanctioned by North Sea Transition Authority

Birmingham Post

Ithaca Energy expands North Sea portfolio with $224 million acquisition

The agreement is still subject to approval by the authorities

Insider UK

$Energy crisis: UK delays closure of shale gas wells in major fracking U-turn$

Energy crisis: UK delays closure of shale gas wells in major fracking U-turn

Labour branded the decision 'appalling' and accused the Government of pressuring the regulator to give a reprieve to fracking firm Cuadrilla

Daily Mirror

$Cuadrilla allowed to delay closure of Lancashire fracking wells$

Cuadrilla allowed to delay closure of Lancashire fracking wells

Regulator gives gas exploration company another year to plug wells, amid UK energy security concerns

The Guardian - UK

Fracking could still happen in Lancashire - as firm told not to close wells

Regulators have lifted an order requiring the wells to be capped

Manchester Evening News

Spend profits from high oil and gas prices on net zero, energy giants told

The head of the UK’s Oil and Gas Authority, rebranded as the North Sea Transition Authority, said: ‘Businesses have made record profits from high oil and gas prices and we want them to honour the deal now by putting a large chunk towards substantial energy transition projects’

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