Ineos Energy chief warns ‘punitive’ UK taxes make North Sea uninvestable

Industry veteran Brian Gilvary says government policies force oil and gas explorers to seek opportunities in other markets

Topics

Equinor Makes Oil and Gas Discovery in North Sea

The energy major said it probably wouldn’t be commercial for development in isolation, but it is the second recent discovery in the area that the company plans to further explore.
The Wall Street Journal - 1d
‘Unfettered’ Gas Exports Would Harm U.S. Economy, Energy Secretary Warns

Jennifer Granholm said a new analysis showed that the continued pace of exports was “neither sustainable nor advisable.”
The New York Times - 1d
Police chiefs' job cuts warning to ministers

Police chiefs have warned the government that without further funding neighbourhood police officers - a government priority - could be cut.
BBC News - 4d
Business leaders warn Reeves about the impact of her Budget tax rises

Banking, energy and transport executives voice concerns in meeting with UK chancellor
Financial Times - 6d
Down by the sea: poverty brings Blackpool life expectancy to UK low

Resort town struggles with squalid housing, poor nutrition for children and now, statistics show, earlier deaths. It is a league table that no one wants to top. For the first time in 20 years, ...
The Guardian - Dec. 9
As U.K. clamps down on North Sea production, Shell and Equinor to merge operations there

With the U.K. government clamping down on production from the North Sea, Shell and Equinor on Thursday said they would merge their oil and gas operations.
MarketWatch - Dec. 5
Senior UK commander warns of 'Third nuclear age'

Yahoo News - Dec. 5
North Carolina Town Sues Duke Energy Over Climate Change

Carrboro accused Duke, one the nation’s largest utility companies, of ignoring data about climate change while increasing use of fossil fuels.
The New York Times - Dec. 4
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax

Call comes amid discontent with Germany’s ruling coalition ahead of snap election in February
Financial Times - Dec. 4