Will Rosebank improve the UK’s energy security? September 28, 2023 Regulators yesterday gave the green light to start drilling at the largest untapped fossil fuel field in the North Sea - but will it boost the UK's energy security?
National Grid: risk of lights going out this winter has fallen September 28, 2023 The risk of the lights going out has fallen ahead of this winter and is almost back to the pre-energy crisis normal, a new report from the National Grid has found. National Grid’s Electricity System Operator (ESO) said on Thursday that it only expects there to be around six minutes between the end of October [...]
Oil prices rise on US crude draws, tight global supply and Rosebank announcement September 28, 2023 Oil prices rose in early Asian trade on Thursday after surging to the highest settlement in 2023 in the previous session as a steep drop in U.S. crude stocks added to worries of tight global supplies. Brent crude LCOc1 futures climbed 16 cents to $96.71 a barrel by 0001 GMT. U.S. West Texas Intermediate crude futures (WTI) rose [...]
Rosebank’s approval sends oil shares soaring and triggers green backlash September 28, 2023 Plans to develop the UK’s largest untapped oil and gas field were approved by regulators yesterday – sending shares in its backers soaring and triggering a wave of green criticism.
Rising oil prices won’t derail fight against inflation, experts reckon September 28, 2023 Inflation is likely to continue on its downward trajectory despite a recent surge in oil prices, experts told City PM
SSE launches £15m energy bill support fund for businesses as winter looms September 28, 2023 SSE has launched a £15m support fund to ease the pressure on businesses struggling with ultra-high energy bills this winter.
Ineos boss Sir Jim Ratcliffe slams UK’s ‘total lack’ of energy policy September 27, 2023 Ineos boss Sir Jim Ratcliffe has hit out at what he sees as the UK’s “total lack” of an energy policy, which he branded “completely irresponsible”.
Rosebank: Climate campaigners prepare legal action against oil and gas field September 27, 2023 Climate campaigners have vowed to take legal action against the government, following the approval of Rosebank this morning.
Thames Water: Is this the worst company in Britain? September 27, 2023 Thames Water has been ordered by Ofwat to hand back over £100m to customers after failing to meet expected standards.
Rishi Sunak backs Rosebank oil and gas field: We don’t reach net zero by ‘wishing it’ September 27, 2023 Prime Minister Rishi Sunak has backed the approval of Rosebank, the UK's largest undeveloped oil and gas field in the North Sea.
