Explained | Drilling in the North Sea — history and environmental concerns
1 year, 4 months ago

Explained | Drilling in the North Sea — history and environmental concerns

The Hindu  

The story so far: U.K. Prime Minister Rishi Sunak recently backed plans for new fossil fuel drilling off Britain’s coast, worrying environment experts even as the world continues its stride towards irreversible climate change. The North Sea Transition Authority, responsible for regulating oil, gas and carbon storage industries, is currently running its 33rd offshore oil and gas licensing round. The first licence for exploration in the U.K. North Sea was awarded to British Petroleum in September 1964. Production from the North Sea peaked in 1999, when it produced 1,37,099 thousand tonnes total of crude oil and natural gas liquids.

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History of this topic

Most North Sea oil and gas projects risk being ‘unviable’ under Labour plans
10 months, 3 weeks ago

Most North Sea oil and gas projects risk being ‘unviable’ under Labour plans

The Telegraph  

The report said: “The Labour party currently has a healthy lead in the polls. “Our analysis shows that only a quarter of all new projects in the North Sea would be economically viable under Labour’s earlier proposals. Ross Dornan, markets intelligence manager at Offshore Energies UK, said: “Domestic resources supply about half our needs …it is crucial that we have …

New oil and gas exploration licences approved in the North Sea
10 months, 3 weeks ago

New oil and gas exploration licences approved in the North Sea

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. It is the second tranche of the North Sea …

New North Sea oil projects insignificant for UK energy independence, says non-profit
11 months, 2 weeks ago

New North Sea oil projects insignificant for UK energy independence, says non-profit

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The government’s claim of bolstering the UK’s energy security through new licenses “doesn’t stand up to scrutiny”, the research …

‘Oil and gas will power Britain for decades to come’
11 months, 2 weeks ago

‘Oil and gas will power Britain for decades to come’

The Telegraph  

Britain must kickstart a drilling race to extract the billions of barrels of oil and gas that remain offshore, says the chief executive of the North Sea Transition Authority. “Oil and gas has clearly been a dominant part of the North Sea’s history for the last 50-60 years. And it’s going to be a significant part of its next 25-40 …

Britain approves new North Sea oil drilling in welcome news for the industry but not activists
1 year, 2 months ago

Britain approves new North Sea oil drilling in welcome news for the industry but not activists

Associated Press  

LONDON — Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings from scientists and the United Nations that countries must stop developing new fossil fuel resources if the world is to avoid catastrophic climate change. “Energy security and cheaper bills aren’t delivered by allowing highly subsidized, foreign-owned fossil fuel giants …

Government to ramp up North Sea oil and gas production ‘to maximum extent,’ says Treasury secretary
2 years, 9 months ago

Government to ramp up North Sea oil and gas production ‘to maximum extent,’ says Treasury secretary

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The government is planning to allow drilling for North Sea oil and gas “to the …

Beginning of end for North Sea as ministers consider exploration ban
3 years, 9 months ago

Beginning of end for North Sea as ministers consider exploration ban

The Telegraph  

Ministers are considering declaring the beginning of the end for the North Sea oil industry with a ban on new exploration licences. The radical move is on the table as part of a decisive shift away from fossil fuels and as part of preparations for the crucial climate summit the Government is due to host in Glasgow in the autumn. …

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