BP appoints Meg O'Neill as new CEO in strategic shake-up
BP shocks markets by replacing CEO Murray Auchincloss with Woodside's Meg O'Neill. Analysts question timing as shares remain flat. Will the new leader accelerate the oil giant's pivot?
Category : Search result: oil and gas licences
NYC awards three casino licences in major gambling expansion
New York City has approved its first Las Vegas-style resort casinos. Licences go to sites at the Mets' ballpark, a Trump-linked golf course, and a JFK airport slot parlour, promising billions in revenue. Read the full story.
UK faces gas shortage risk without home production boost
A leading energy expert warns the UK is dangerously close to gas shortages. With 85% of homes reliant on gas, securing domestic supply is critical for national security and avoiding price spikes. Read the urgent call to action.
Calls for UK Gas Export Curbs and East Coast Reserve
Industry leaders urge the UK government to immediately restrict gas exports and establish an east coast reserve to protect consumers from soaring energy prices and supply shortages.
Harbour Energy cuts 100 jobs, blames windfall tax
The UK's largest oil and gas producer, Harbour Energy, announces 100 offshore job cuts, citing the 'uncompetitive' windfall tax. Read the full story on the impact on the North Sea sector.
Buried Report Warns of UK Gas Security Risk
A critical report on UK gas security risks was quietly released on Budget Day, raising concerns over supply vulnerabilities and political transparency. Read the full analysis.
NYC approves three casino licences; Trump wins big
New York's Gaming Facility Location Board has recommended licences for three major casino projects, promising billions in tax revenue. Former President Donald Trump's company stands to gain $115 million.
Court upholds UK government's oil and gas licences
Oceana UK loses High Court bid against government over 28 oil and gas exploration licences. Judge rules climate and spill assessments were lawful. Read the full ruling details.
Gas Supply Crisis Warning for UK by 2030
National Energy System Operator warns ministers of potential gas shortfalls on coldest winter days, risking supply cuts to homes and businesses. Urgent government action required.
UK Gas Shortage Warning as North Sea Production Falls
Britain's grid operator warns of severe gas shortages due to declining North Sea production and rising import dependency. Discover the risks and urgent calls for government action to secure future energy supplies.
Trade body: Government taxing oil and gas sector to death
Aberdeen Chamber of Commerce warns 160,000 jobs at risk after Chancellor Rachel Reeves refuses to scrap the energy profits levy in the Budget. Discover the fallout.
Trump's 28 Threats to Revoke TV Licences
Donald Trump has threatened to revoke broadcast licences at least 28 times since 2017, targeting networks like ABC and CBS. Explore the full timeline and legal reality.
Ed Husic demands cheaper Australian gas prices
Labor MP Ed Husic delivers a powerful speech demanding gas producers provide cheaper fuel for Australia, criticising a 'distorted' market. Read his full demands for energy reform.
Australia faces domestic gas shortage by 2028
Australia exports three-quarters of its gas, risking domestic shortages by 2028. Former minister demands action against 'profiteering' as mortgage costs soar.
Husic demands end to gas 'profiteering' by exporters
Labor MP Ed Husic breaks ranks, demanding strong action to fix Australia's 'fundamentally distorted' gas market and end exporter profiteering for cheaper energy.
Business leaders demand end to windfall tax and oil ban
Leading Scottish figures Martin Gilbert and Sir Ian Wood urge Rachel Reeves to scrap the windfall tax and oil licensing ban to protect jobs and investment. Act now for UK energy security.
Trump Approves Offshore Drilling in California and Florida
The White House reveals plans for new oil and gas drilling off California and Florida coasts, sparking bipartisan opposition over environmental concerns and tourism impacts.
Oil & Gas Emergency Declared Over Mossmorran Closure
Scottish Conservatives declare UK oil and gas emergency as ExxonMobil's Fife plant faces partial closure, threatening hundreds of skilled jobs. Labour government faces criticism over Net Zero policies.
Union urges Chancellor to cut oil and gas windfall tax
GMB Scotland calls on Rachel Reeves to ease the windfall tax, warning it risks jobs and investment. The union demands a measured transition to net zero. Read the full story.
California revokes 17,000 commercial driver's licences
California plans to revoke 17,000 commercial driver's licences from immigrants, sparking a political dispute between Governor Newsom and the Trump administration over immigration enforcement and road safety.
How to Find the Best Bottle of Olive Oil
Discover how to choose the highest quality olive oil. Experts explain what to look for, from certifications to taste profiles, to ensure you're buying the best.
North Sea Oil Crisis: Thousands Face Job Axe
Exclusive investigation reveals how sweeping new medical assessments could decimate Britain's offshore workforce, threatening energy security and livelihoods across Scotland's oil heartlands.
Bulgaria seizes Russian refinery, Poland seeks US gas role
In a major escalation of economic pressure on Moscow, Bulgaria moves to confiscate a crucial Russian-owned oil refinery while Poland seeks to become Europe's primary conduit for American liquefied natural gas, reshaping the continent's energy security lan
Scotland's energy policies risk UK crisis, warns Badenoch
Kemi Badenoch issues urgent warning that Scotland's anti-fossil fuel policies threaten UK energy security and could trigger economic crisis as North Sea production declines.
Octopus Energy Cuts Gas & Electricity Prices From July
Millions of British households are set for welcome relief as Octopus Energy slashes gas and electricity prices from July 1st, 2024, offering one of the market's most competitive rates.
Energy giants unite to prevent mass job losses
In a dramatic political intervention, renewable energy leaders have united with traditional oil and gas companies to demand urgent government action, warning that Britain faces devastating employment consequences without immediate policy support.
BP Profits Plunge Despite Major Asset Sales
Energy giant BP reports significant profit decline despite major asset disposals, highlighting ongoing challenges in the traditional energy sector as transition pressures mount.
Shell abandons climate target after $28bn profits
Energy giant Shell has dramatically scaled back its carbon reduction ambitions while reporting staggering $28bn profits, sparking outrage from climate campaigners.
Labour's humiliating U-turn on North Sea windfall tax
In a dramatic policy reversal, Labour's energy team abandons controversial windfall tax proposals to secure vital North Sea investment and protect British jobs.
Shell profits hit £34bn as production soars
Energy giant Shell reports staggering profits exceeding $43 billion, driven by unprecedented production highs in Brazil's offshore fields and Gulf of Mexico operations, sparking renewed debate about windfall taxes.
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