Unite has confirmed that offshore workers employed by TotalEnergies have voted to accept an improved pay offer, following a wave of unofficial strike action across the North Sea last week.
Yesterday’s announcement by Sunak was far from destructive for the North Sea oil & gas industry given the generous projects investment tax relief, but it fails, as it turns out, in at least one critical way.
Oil giant Shell (LON: SHEL) has backtracked on its previous optimism about the UK Government’s new energy profits levy.
Recent months have underlined that energy security “still trumps” sustainability in the minds of politicians, the head of a trade body has claimed.
Boris Johnson said he wants to keep North Sea oil and gas flowing to help tackle the rising cost of living, and urged companies to boost investment.
A helicopter and a US military plane were involved in a near-miss over Caithness, investigators have revealed.
Angola is determined to increase energy production and, judging from the wave of independents signed up to take on Sonangol stakes, seems well positioned.
HYDROGEN CONNECT SUMMIT