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The Latest Breaking News from North Sea

Tax breaks could lead to more than £8bn of North Sea projects

Investment incentives in the chancellors windfall levy could accelerate oil and gas developments

Insider UK

English-language students swerve UK post Brexit

Edinburgh (AFP) - At the top of Calton Hill overlooking Edinburgh and the North Sea, a visiting English language student from France is in no doubt about the view: "Amazing!" he exclaims.

AFP

Sunak’s tax breaks could lead to more than £8bn of North Sea energy projects

Analysts’ forecast comes as campaigners warn windfall tax package could harm climate efforts

The Guardian - UK

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Climate campaigners demand UK Government reverses Jackdaw gas field decision

Protesters gathered outside the UK Government office in Edinburgh after Shell was given final approval to develop a controversial new gas field in the North Sea.

Daily Record

Climate activists vow to fight as new gasfield gets go-ahead in North Sea

Environmentalists threaten legal action over UK permit for Shell to develop Jackdaw field

The Guardian - UK

How to solve the energy transition 'trilemma'?

The war in Ukraine poses questions about how Scotland balances its net zero goals with the energy price crisis

Insider UK

Loophole could let North Sea oil and gas giants slash UK windfall tax bill

Critics warn chancellor Rishi Sunak will raise only a fraction of planned £5bn if firms offset new investment against profits

The Guardian - UK

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Britain's own 'ATLANTIS' discovered off coast after vast settlement drowned under the sea

Britain’s own ‘Atlantis’ has been found according to experts who recently discovered ancient artefacts in the North Sea which belonged to Stone Age settlements submerged under water

Daily Mirror

Decline in North Sea Puffins Causes Concern

The Isle of May, off Scotland's east coast, is home to one of the UK's biggest colonies of seabirds.

Asharq Al-Awsat

Lord Browne: the man who went from BP and the North Sea to net zero

he former oil chief is now championing green energy as an investor – and also backing a windfall tax on his old industry

The Guardian - UK

Rishi Sunak's 'criminal' energy plan will boost fossil fuels and pay wealthy second home owners

The Chancellor's "big bazooka" energy plan is not the simple solution the UK Government are painting it as

The National (Scotland)

Shell says windfall tax threatens North Sea oil and gas investment

Firm says Sunak’s levy creates uncertainty and asks for tax relief that covers investment in renewables

The Guardian - UK

BP to review North Sea investments following windfall tax announcement

Company says it will look at levy’s impact after CEO previously stated no projects would be mothballed

The Guardian - UK

Vulnerable Scots households to receive £1000 for cost of living crisis

The Tory chancellor said his bumper package of benefits funded mainly by a windfall tax on North Sea profits would mean £1000 for low income households in Scotland.

Daily Record

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Daily Mirror

'Energy bosses could cut prices and profits instead of demanding Government help'

Voice of the Mirror readers says North Sea producers are enjoying profit bonanzas by exploiting rocketing world gas and electricity charges which is raising the cost of fuel for firms and customers

Daily Record

Windfall tax would put investment in North Sea at risk, says Sir Ian Wood

Sir Ian Wood, one of the most influential figures in the oil and gas industry, warned that investment would be at risk from a windfall tax.

The National (Scotland)

North Sea operators 'really worried' about windfall tax, says energy executive

MANY North Sea operators are “really worried” that a windfall tax could impact their investments, according to the head of the body which…

The Guardian - UK

A Dracula-themed walk to a great pub: Kilmarnock Arms, Cruden Bay

Dracula is 125 this month. This walk takes in the castle and treacherous coast that inspired Bram Stoker, and ends in the pub where he began writing the book

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Insider UK

Union calls for change following strikes in North Sea

Oil rig workers have downed tools as wages no longer match rises in inflation

The Guardian - UK

UK has approved several fossil fuel projects since Cop26, analysis finds

About 50 schemes are thought to be in pipeline between now and 2025 despite climate pledges

The Independent UK

Reports: 4 European nations to build North Sea wind farms

Danish media say four European Union countries plan to build North Sea wind farms capable of producing at least 150 gigawatts of energy by 2050

Daily Record

Labour push Commons vote for windfall tax on oil companies to help with cost of living crisis

North Sea profits in the current year are more than the rise households across the UK face as a result of the £680 energy price cap increase.

Wales Online

Labour presses for Commons vote on windfall tax to cut energy bills

It would be imposed on North Sea oil and gas producers to fund a support package for families and business

The Guardian - UK

Labour to try to force Commons vote on North Sea windfall tax

Party to put ministers on spot over the cost of living amid signs of support for policy on Tory benches

Birmingham Post

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

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People

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Friends of Earth Scotland

15 stories

North Sea Transition Authority

13 stories

Shore Capital

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University of Bradford

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