North Sea Drilling Won't Reduce UK Gas Imports, Data Shows
Exclusive research indicates that major new fields like Jackdaw and Rosebank would displace only 2% and 1% of UK gas imports, leaving the nation reliant on Norway and other sources.
Category : Energy
Fuel Stations Face Shortage Threat After Easter Breaks
Fuel retailers are preparing for high demand as motorists return from Easter trips, with warnings of temporary shortages and rising prices due to Middle East tensions disrupting global oil supplies.
EU Ministers Demand Energy Profit Caps Amid Iran War
Finance ministers from five EU nations urge bloc-wide windfall tax on energy firms as Iran conflict drives oil and gas price spikes, fueling inflation fears across Europe.
Easter Fuel Crisis: Record Prices and Diesel Shortages Feared
Motorists face 'eye-watering' fuel prices and potential diesel shortages this Easter weekend, with 22 million journeys expected amid Middle East conflict-driven price hikes.
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US Energy Independence Questioned Amid Gulf Oil Crisis
Experts challenge Trump's claims of US energy independence as the Hormuz Strait closure causes global oil prices to spike, impacting American consumers despite domestic production.
LA Drivers Adapt to Surging Gas Prices, Threatening Car Love
Los Angeles drivers are getting creative to cope with record-high gas prices, from coasting in neutral to carpooling, as the Iran war disrupts global oil supplies and California's summer blend adds costs.
Bowen on Fuel Crisis: No Supply Disruptions Amid Shortages
Energy Minister Chris Bowen discusses Australia's fuel crisis, confirming no supply disruptions despite station shortages and defending government communication strategies.
NI Fuel Prices Lead UK Surge Since Iran War
Fuel prices in Northern Ireland have risen faster than any other UK region since the Iran war began, with petrol up 19% and diesel 35%, among Europe's steepest increases.
Australia's Fuel Supply Strengthens with Over 50 Ships
Australia's fuel supply remains robust with over 50 ships en route, reducing service station outages. Energy minister reports stable petrol, diesel, and jet fuel reserves.
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Labour's North Sea Ban Threatens UK Economy and Energy
Labour's ideological ban on new oil and gas licences is costing jobs and investment, with 3 billion barrels worth £165bn left untapped while other nations drill.
Rural Drivers Pay 10% More for Fuel Than Urban Areas
RAC Foundation analysis shows rural petrol prices surged up to 10% higher than urban areas last month, with diesel also more expensive, hitting drivers dependent on cars.
EU Weighs Fuel Rationing as Middle East Crisis Threatens UK Supply
An EU energy commissioner warns of potential fuel rationing if the Iran conflict persists, raising concerns about knock-on effects for UK households and businesses despite current stable supplies.
Experts Call for Jackdaw Gas Field Approval Amid Uncertainty
Energy experts are pressing the UK government to approve the Jackdaw North Sea gas field as Middle East tensions threaten supplies. A decision remains pending while regulators assess environmental impacts.
Public Comment Sought for Montana-Wyoming Oil Pipeline Plan
State and federal officials are inviting public feedback on the Bridger Pipeline Expansion, a 647-mile project to transport Canadian crude from Montana to Wyoming, amid environmental and safety concerns.
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Ministers Deny North Sea Gas Field Decision Amid Crisis
The UK government insists no decision has been made on the Jackdaw gas field project despite soaring energy prices and political pressure to increase domestic drilling.
Energy Experts Urge Jackdaw Gas Field Approval Amid Supply Fears
Energy experts are calling for the UK Government to approve the Jackdaw gas field as Middle East tensions threaten supplies. Energy Secretary Ed Miliband has not yet reached a decision on the project.
EU Considers Fuel Rationing in Iran War Energy Crisis
European Union energy commissioner warns of potential fuel rationing as Iran conflict disrupts global supply, with UK petrol and diesel prices soaring significantly.
UK Jet Fuel Crisis Looms as Middle East War Disrupts Supplies
The conflict in the Middle East is causing severe jet fuel shortages in Europe, with the UK's last direct shipment arriving soon. Airlines warn of flight cancellations and higher fares as supplies dwindle.
Experts Call for Jackdaw Gas Field Approval Amid Supply Crisis
Energy specialists are pressing the UK government to greenlight the Jackdaw North Sea gas project as Middle East tensions threaten supplies, with decisions pending after legal challenges.
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Asia's Fuel Crisis: Daily Struggles Amid Oil Price Surge
From New Zealand farms to Delhi warehouses, the oil crisis triggered by the Iran war is causing economic strain across Asia, with individuals sharing their daily challenges.
Miliband Set to Back Jackdaw Gasfield Despite Net Zero Mission
Net Zero Secretary Ed Miliband is reportedly preparing to approve the Jackdaw North Sea gasfield project, balancing climate commitments with energy security concerns heightened by geopolitical tensions.
Easter Fuel Crisis: Stations Dry, Price Cuts Offer Hope
Over 650 Australian service stations face fuel shortages ahead of Easter, but new government excise cuts provide some relief for anxious travellers.
Easter Fuel Crisis: Record Pump Prices Hit Motorists
Drivers across Scotland and the UK are paying over £2 per litre for fuel as prices surge at the fastest rate on record, with some petrol stations running dry ahead of the busy Easter getaway weekend.
Stormont Minister Demands Immediate Fuel Duty Cut
Economy Minister Caoimhe Archibald urges UK Government to slash fuel duty as petrol and diesel prices spike by 20-40%, citing Irish action as a model for relief.
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Indian Police Seize 414 Hoarded Gas Canisters in Hyderabad Graveyard
Indian police have seized 414 cooking gas canisters hidden in a Hyderabad graveyard, arresting ten people, as severe LPG shortages worsen due to Middle East shipping disruptions.
Lidl's £400 Plug-In Solar Panels Aim to Reduce Household Costs
The UK government's regulatory changes allow Lidl and Amazon to sell DIY plug-in solar panels for around £400, potentially saving households £70-£110 annually on energy bills.
Russia Sends Second Oil Tanker to Cuba, Defying Sanctions
Russian Energy Minister Sergei Tsivilyov announces plans to send a second oil tanker to Cuba, following a recent delivery that broke a three-month fuel blockade on the island.
Why Energy, Petrol and Mortgage Prices Are So High Right Now
An economics professor explains the external shocks driving up essential bills, how long it might last, and what individuals can do to weather the financial storm.
Venezuela's Oil Industry Awaits Revival Amid Reforms
Recent reforms to Venezuela's hydrocarbons law aim to attract foreign investment back to its crumbling oil fields, offering hope for economic recovery despite political and environmental challenges.
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Motability Mandates Black Boxes for New Leases and Under-30s
Motability introduces compulsory black boxes from April 13, monitoring driving behaviour for new first-time leases and drivers under 30, with 300 vehicles removed in a pilot scheme.
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