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Majority of Scots back renewables projects if they can own part of it

The majority of Scots are more likely to back a renewable energy development in their community if they had the chance to own part of it, a new…

Equinor, Ithaca Energy To Invest $3.8 Bln To Progress Rosebank Field As NSTA Gives Consent

Transcripts for BBCNEWS BBC News 20240604 13:15:00

Rosebank field north west of shetland? rosebank field north west of shetland? , ., ., ., shetland? there is a fundamental contradiction shetland? there is a fundamental contradiction here shetland? there is a fundamental contradiction here and shetland? there is a fundamental contradiction here and we - shetland? there is a fundamental contradiction here and we have i shetland? there is a fundamental - contradiction here and we have known now for a long time that we already have enough reserves of fossil fuels in the world, if we burn them all, the existing reserves, we would exceed the temperature threshold for warming the planet of 1.5 degrees which we have been working towards, and so trying to bring newly developed oil and gas fields is incompatible with that global aim and i m afraid that the government is right to be focused on the transition to clean energy but it has also got to do the other thing which is to stop our dependence on dirty energy and it does not make any s

Signs of windfall tax damage to UK industry emerging, says Offshore Energies UK

The UK government’s new windfall tax, imposed on companies supplying the nation’s oil and gas, may already be undermining the major investments need to keep Britain’s lights on, Offshore Energies UK has warned.

Ithaca Energy reaches agreement to acquire Siccar Point Energy

The transaction includes the undeveloped Cambo and Rosebank fields in the UK North Sea.