BP’s new CEO Murray Auchincloss has paused new offshore wind projects, in a move to pacify investors unhappy with its green targets.
Former BP bigwig Lord Brown calls for halt to new North Sea oil and gas licences
Brown, who ran BP from 1995 to 2007, appears to back Labour’s energy policy, which has pledged to end new oil and gas drilling.
Rishi Sunak anticipated to announce more North Sea drilling in King’s Speech
Rishi Sunak is likely to use the King’s Speech to further North Sea oil and gas expansion and introduce more pro motorist policies.
Mark Carney accuses PM of watering down UK’s net zero pledges
Former bank of England governor Mark Carney has accused the prime minister of watering down Britain’s net zero pledges with delays to net zero plans.
NSTA calls on UK oil and gas sector to do more to reduce emissions
The North Sea Transition Authority (NSTA) has said that the UK oil and gas sector needs to do more to reduce emissions and meet its 2030 targets.
‘Monumentally irresponsible’: industry reacts to Rishi Sunak’s North Sea oil policy
Prime minister Rishi Sunak has come under fire for issuing 100s of North Sea oil and gas drilling licenses, at a time