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The Latest Breaking News from North Sea

North Sea oil and gas bosses get combined £25m pay rise

Pay package included a £4.6m ‘golden hello’ for CEO of the sector’s largest operator, Harbour Energy’s Linda Cook

The Guardian - UK

First gas confirmed at Tolmount as significant new North Sea supply emerges at critical time

Harbour Energy estimates upwards of five per cent increase to UK production

Birmingham Post

Windfall tax on North Sea oil and gas could raise £2bn, says Labour

Forecast outstrips previous estimate as booming profits for energy firms would net more cash for struggling UK households

The Guardian - UK

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A North Sea oil windfall tax won’t raise much but every little bit helps

Tesco’s boss says oil producers are unfazed by a one-off levy to help households pay energy bills

The Guardian - UK

Rebekah Vardy had 'no knowledge' agent's phone fell into North Sea

Rebekah Vardy's agent and friend Caroline Watt’s phone fell into the sea after a boat she was on hit a wave

Liverpool Echo

Mystery of phone in North Sea could hold key to ‘Wagatha Christie’ case

Coleen Rooney enters libel trial brought by Rebekah Vardy without disclosure of lost evidence

The Guardian - UK

‘Don’t tax energy giants – they invest in Britain’s future.’ Let’s drill down into that

North Sea developments aren’t about lowering bills or securing energy supplies – they’re just business as usual, says Tessa Khan, director of Uplift UK

The Guardian - UK

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Wednesday briefing: Would a windfall tax on BP’s soaring profits work?

In today’s newsletter: Nimo Omer breaks down BP’s enormous profits, and why some are calling for a windfall tax amid a cost of living crisis nationwide

The Guardian - UK

Windfall tax wouldn’t stop BP’s £18bn parade of projects

Neither would it make the energy crisis go away, but after a while it becomes hard to resist

The Guardian - UK

Protesters arrested at Scottish oil terminal climate protest, Police Scotland say

A NUMBER of climate protesters who blockaded an oil terminal have been arrested, police have said.

The National (Scotland)

Protesters arrested at oil terminal climate protest, Police Scotland say

Chief Superintendent Lynn Ratcliff said on Tuesday evening a ‘number of people who decided not to cooperate have subsequently been arrested’.

The Independent UK

Just Stop Oil blockades terminal in Glasgow in first Scottish action

Demonstrators stage dawn protest at plans for new oil and gas fields in North Sea off Scotland’s coast

The Guardian - UK

Windfall tax calls intensify as BP reports highest profit in a decade

In a bid to steer off criticism, the oil and gas giant stated it would be paying around £1bn in taxes this year

Insider UK

Glasgow police on the scene of Clydebank oil protest as activists blockade terminal

Activists are holding a peaceful protest against the current energy crisis that is 'pushing people into poverty' at an oil terminal in Clydebank and are calling for action by the UK Government.

Glasgow Live

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The Guardian - UK

High energy prices leave oil giants untroubled by Russia exit or tax hints

BP and Shell are expected to report increased profits this week despite taking a big hit from the war in Ukraine

The Guardian - UK

Oil and gas industry defends North Sea spending levels as Kwarteng urges more

Business secretary calls for increased investment by energy producers to avoid being hit with tax on soaring profits

The National (Scotland)

Scotland's missed oil opportunity revealed amid cost-of-living crisis

SCOTLAND'S missed oil opportunities are under the spotlight as campaigners call for Rishi Sunak to nationalise UK energy.

Insider UK

Shell fined £50,000 by North Sea regulators

Energy giant served with sanction notice for breaching five oil field consents

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The Guardian - UK

How would a UK windfall tax on oil and gas profits work?

Analysis: Sunak hints Labour proposal ‘not off the table’ but criteria suggests very few firms would be penalised

The National (Scotland)

Energy giant Shell fined £50,000 by North Sea regulators

ENERGY giant Shell has been fined £50,000 by North Sea regulators for breaching production consents.

Daily Record

Fish and chips overtakes steak as the most popular menu item at luxury Falkirk hotel

Almost 1,500 plates of beer-battered North Sea haddock has been served up to punters.

The Guardian - UK

Rishi Sunak hints at U-turn on UK oil and gas windfall tax

The chancellor says nothing is off the table but fellow Tory ministers remain dismissive of idea

Reuters

Activists turn off German oil pipelines in North Sea drilling protest

German climate activists turned off crude oil pipelines at five locations on Wednesday, demanding the country look for other ways to reduce its dependence on Russian gas than starting new fossil fuel-based infrastructure projects such as deep-sea drilling.

Birmingham Post

Huge carbon capture project launches planning consultation on 53km cluster pipeline to North Sea storage

V Net Zero is a £500 million investment led by Harbour Energy linking the Immingham cluster with depleted gas fields

Daily Mirror

US Air Force plane spotted over English coast above North Sea in 'special air mission'

Designed as an "office in the sky", the C-40B is used by the United States Air Force to transport government and senior military leaders around the world

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