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North Sea Capital, Operating Costs to Fall 10-20%, Says Wood Mackenzie
Capital and operating costs in the North Sea will fall between 10 and 20%, with UK-focused Upstream companies reaping the greatest benefits of lower prices and Norwegian…
Cameron Appoints Rudd As Secretary General for Energy, Finds Public Support
British Prime Minister David Cameron decided to appoint Amber Rudd, a former investment banker, as secretary of state for the Department of Energy and Climate Change. …
UK Shale Gas After Cameron’s Reappointment: Uncertain Certainties
With all the spotlights turned on the results of the surprising British elections that gave an outright majority to David Cameron’s Conservative Party, some doubts raised…
UK Elections: What Will a Conservative Majority Mean for Climate and Energy?
With all 650 seats having declared their election results, the Conservatives have secured 331 seats, five more than they needed to form a majority in the House of Commons and…
INEOS Completes Deal with IGas, Becomes Third Shale Gas Player in UK
The gas industry has not given up on shale gas, with a mix of initiatives and commercial operations indicating that the shale enthusiasts are probably a minority, but a solid…
LetterOne Ready to Take Step Back From UK North Sea, Pending Elections?
LetterOne is reportedly ready to launch the sale of 12 oil and gas assets in the North Sea, ending the arm-wrestling with the British government, which wrote in February that…
UK Gas For Electricity Generation Increased Only 1.5% Despite Low Prices
While Royal Dutch Shell reported strong results in the first quarter of the year, with a 2% year-on-year decline, the British government released its latest energy statistics…
British Government Ready to Oppose Bid for Struggling BP
While BP was reporting a year-on-year 20% decline in profit during the first quarter of the current year, the UK government delivered a stinging remark, making clear that…
Shell’s Lobbying, Oslo’s Tariff Cut Could Deliver Blow for Gas Industry
British and Norwegian players came under the spotlight on Monday, as a group of international investors started their trial against the Norwegian government for its decision to…
Does BP Sale, E.ON Deal Hint at Switch From Pipelines to LNG?
While Skangass’ workers celebrated the €86 million Pori LNG import terminal with a topping up ceremony, big names of the British gas industry equally showed an…
Franklin Takes the Helm of Cuadrilla Resources
Roy Franklin, who worked at BP for 18 years, has been appointed as the new Chairman of UK-focused Cuadrilla Resources. ‘Mr Franklin joined the board of Cuadrilla…
Climate showdown: Has the US, UK or Germany done more to cut emissions?
The UK and Germany like to think of themselves as climate leaders. But how does their progress in cutting carbon stack up against the US, which has famously failed to pass…
German Government to Tighten Fracking Rules, UK Public Voices Support
While German Chancellor Angela Merkel’s cabinet reportedly signed a draft law on Wednesday that tighten rules on fracking till 2019, the United Kingdom continues on its way…
The Southern Gas Corridor and the EU Gas Security of Supply: What's Next?
THE GENESIS OF THE SOUTHERN GAS CORRIDOR Gas is an essential component of the energy mix of the European Union (EU), constituting one quarter of primary energy supply and…
UK to Invest £4.2 million in Feasibility Studies for CCS in Grangemouth
Despite current upstream issues affected by job cuts and looming strikes, the United Kingdom continues investments in the energy sector, reiterating its commitment to support…