Government says it will 'robustly defend' itself against separate legal challenges that aim to overturn the decision to develop UK's largest untapped North Sea oil field
No companies have bid for the UK’s latest round of offshore wind farms in a step seen as a serious setback for the Government’s climate change ambitions, after months of warnings from industry players. With Rishi Sunak discussing the transition to net zero at a G20 summit in India, the lack of interest in the annual auction round put a dent in ministers’ promise to deliver 50 gigawatts (GW) of offshore wind by 2030. Analysts said the offshore failure will add £1 billion to UK energy bills with the power grid forced to rely more on the volatile gas market, where prices soared after Vladimir Putin’s invasion of Ukraine.
BP has announced its latest bonanza after raking in £2billion in the three months to June - just days after the PM confirmed he would award more gas and oil licences