Category : Search result: drilling


North Sea Oil: £450bn Boom or Climate Doom?

Explosive new report reveals the staggering economic value of North Sea oil versus climate targets. Discover the fierce political battle raging over the UK's energy future.

Badenoch: North Sea Drilling Ban Risks UK Blackouts

Business Secretary Kemi Badenoch issues a stark warning that blocking new North Sea oil and gas projects could trigger catastrophic blackouts, soaring bills, and severe economic damage, as she clashes with net zero ambitions.

Labour's drilling ban could cause UK blackouts in 5 years

Business Secretary Kemi Badenoch issues stark warning that Labour's proposed ban on new oil and gas drilling licenses could lead to catastrophic power cuts within five years, threatening Britain's energy security and economic stability.

US approves Alaska oil drilling in protected reserve

The Biden administration has greenlit a major oil and gas drilling project in Alaska's ecologically sensitive National Petroleum Reserve, sparking fierce debate between energy advocates and environmentalists.

BP discovers major new oil field off Brazil

BP announces a significant new oil and gas find in Brazil's deep waters, marking one of the industry's largest discoveries this year and boosting the firm's strategic position in South America.

NZ reverses fossil fuel ban amid climate concerns

In a controversial move, New Zealand’s government has voted to reintroduce fossil fuel exploration, overturning a 2018 ban. Critics warn of environmental consequences, while supporters highlight economic benefits.

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