The Latest Breaking News from North Sea

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 · Jun 2, 2022

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 · Jun 2, 2022

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 · May 29, 2022

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 · May 27, 2022

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 · May 26, 2022

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 · May 26, 2022

'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 Mirror · May 23, 2022

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.

Daily Record · May 20, 2022

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 National (Scotland) · May 20, 2022

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

The Guardian - UK · May 20, 2022