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The Latest Breaking News from North Sea

North Sea oil prices hit record high amid Strait of Hormuz row

It eclipses the previous record, set during the 2008 financial crisis

The Independent UK

North Sea oil price rises to record high amid tension over ceasefire

It came as President Donald Trump accused Iran of not abiding by the agreement to immediately open the Strait of Hormuz.

Evening Standard

Tony Blair backs calls for more North Sea oil drilling

IN FULL

The Independent UK

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Tony Blair calls for more North Sea drilling to protect UK from economic shocks exposed by Iran war

Former prime minister’s think tank says Labour should back Jackdaw and Rosebank oil and gas fields

The Independent UK

Ed Miliband hold firm! North sea oil and gas drilling won’t help anyone other than Nigel Farage

It’s worrying to watch Labour entertain Reform’s fantasies about fossil fuels. Only renewables will bring lower bills and higher energy security, says Guardian columnist Zoe Williams

The Guardian - UK

UK saved billions using North Sea offshore gas reserves, analysis shows

IN FULL

The Independent UK

Using North Sea gas saved Britain billions last year, analysis shows amid calls for more drilling

Last week the government denied that Ed Miliband is expected to give the green light to the first major North Sea field project in almost 10 years

The Independent UK

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New North Sea drilling would barely reduce UK gas imports at all, data shows

Exclusive: research finds Jackdaw field would provide only about 2% of current demand, and Rosebank only 1%

The Guardian - UK

Ministers deny decision has been taken over North Sea gas field project amid spiralling prices

The government insisted no decision has been taken on the project, despite oil prices having soared in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz

The Independent UK

Of course we shouldn’t drill for more oil in the North Sea – we cancelled further exploitation for a reason

We are at a critical point in the climate emergency and already struggling to meet emissions reduction targets. The UK government must hold its nerve, says Bill McGuire, professor emeritus of geophysical and climate hazards

The Guardian - UK

John Swinney signals rethink on North Sea oil and gas licences as prices rise

The First Minister stopped short of saying he supported the approval of more North Sea drilling.

Evening Standard

Would more North Sea drilling mean lower energy prices for UK consumers?

Kemi Badenoch claims increased UK oil and gas production would cut bills by £200, but critics say plan won’t work

The Guardian - UK

More drilling in North Sea ‘not the answer’ for UK energy security, say former military leaders

Government told to focus on transition to mix of wind, solar, tidal and nuclear energy

The Guardian - UK

Badenoch criticised for ‘peddling dangerous fantasy’ about North Sea oil drilling

Conservative leader expected to call for government to lift suspension on licences in drive to reduce energy prices

The Guardian - UK

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The Guardian - UK

How EVs could be part of answer to UK’s fuel reserve worries

More use of two-way charging will earn money for owners and could avoid the need to expand North Sea oil drilling

The Guardian - UK

Hundreds of North Sea licences granted by Tories ‘produce only 36 days of gas’

Exclusive: Findings cast doubt on claims new drilling would help cut bills and boost energy security, researchers say

The Independent UK

UK ‘absolutely not’ facing blackouts or rationing, says energy minister

Energy minister Michael Shanks stated the UK is "absolutely not" planning for blackouts or rationing, asserting the nation has a "strong and diverse range of supplies." This assurance comes amidst Iran's effective blockade of the Strait of Hormuz, a critical shipping route for oil and gas. Experts told MPs that…

The Guardian - UK

Iran war threatens to delay large offshore wind projects in EU and UK

Industry fears strait of Hormuz closure could disrupt shipping of crucial parts for UK and German North Sea projects

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The Guardian - UK

Green energy boss backs more North Sea oil and gas production from existing sites

GB Energy’s Jürgen Maier says production could bring economic benefits and give supply chains ‘time to transition’ to renewables

The Guardian - UK

More North Sea drilling will put UK at mercy of fossil fuel markets, ministers say

Ed Miliband says only clean power will provide ‘energy sovereignty’ amid opposition calls for oil and gas expansion

The Independent UK

UK urged to boost oil and gas production from North Sea

IN FULL

The Guardian - UK

Ministers rebuff trade body’s call to boost North Sea oil and gas production

Government emphasises need to ‘get off the rollercoaster of fossil fuel markets’ in response to Offshore Energies UK

The Independent UK

UK warned it must ‘urgently’ drill in North Sea to boost oil and gas supplies

A new report from OEUK urges the British Government to safeguard the nation's energy supply amid global instability

Evening Standard

UK ‘urgently’ needs more domestic oil and gas from North Sea, trade body says

A report by Offshore Energies UK warned maintaining domestic supply is essential for energy security and affordability.

The Independent UK

Blackouts and rationing: The Iran crisis is our wake-up call to just how vulnerable the UK is

INTERVIEW: This latest dilemma should prompt fresh thinking about how to rely less on other nations for energy, says Octopus founder Greg Jackson. But the answer isn’t just the North Sea: oil and gas aren’t the only way to keep the lights on. If other governments are taking alternatives seriously,…

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