Government decision is about how much oil and gas is sensible for UK to produce on the way to net zero Business live – latest updates Andy Burnham hit the nail on the (well)head in his first fortnight as prime minister when he said : “The question isn’t whether Britain will still be using oil and gas, the question is, where does it come from?” It was a nod towards several awkward energy facts. First, oil and gas provided 75% of the UK’s energy in 2025, government data shows. Second, even with the rollout of domestic renewables for generating electricity, about 43% of overall energy was imported last year. Continue reading...
Jackdaw approval is a step towards a grownup North Sea policy

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French government bond yields highest since 2002 as country rocked by protests; UK approves controversial North Sea gasfield Jackdaw The approval of Jackdaw is an “important step” for the North Sea, according to Shell . The UK energy giant jointly owns Jackdaw operator Adura , which is headquartered in Aberdeen, together with Norway’s Equinor . This is an important step in ensuring the UK North Sea can continue to contribute to the country’s energy security and economy. Long-term energy projects depend on a competitive and stable investment environment, alongside timely and predictable regulatory decisions. Continue reading...

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