Ithaca moots Rosebank first production for H1 2027 – pending approval
August 20, 2026
Rosebank is expected to reach first production in the first half of 2027 – subject to renewed regulatory consent. Lower 2026
Fossil Fuels
Wales brings net-zero ambition forward to 2040
August 20, 2026
The Welsh government has begun work on its first combined Climate and Nature Action Plan. The plan targets net zero by
Conservative-backed power plan claims £320 billion saving from more gas and nuclear
August 19, 2026
Think tank Onward’s alternative electricity pathway claims £320bn of system savings between 2030 and 2050. The widely reported £540 annual household
October price cap forecast to hit three-year high as gas shock erases VAT relief
August 19, 2026
Cornwall Insight expects the typical dual-fuel cap to rise 4% to £1,729 from October. The increase would more than offset the
UK moots strategic gas reserve as North Sea decline tests market-only model
August 18, 2026
Ministers are considering commercial support for existing gas infrastructure, a floating LNG terminal and a strategic storage reserve. No intervention has
Rosebank consultation closes as defining North Sea decision moves to ministers
August 17, 2026
The final public consultation on Rosebank has closed, leaving OPRED to assess responses before ministers decide whether to reapprove the development.
BP awarded Loran Phase 2 licence as BP and Venezuela deepen offshore energy cooperation
August 14, 2026
BP and the Government of the Bolivarian Republic of Venezuela have signed agreements to advance offshore gas development, including the award
ConocoPhillips announces planned leadership succession
August 13, 2026
ConocoPhillips has announced that Andy O’Brien (pictured), chief financial officer and executive vice president, Strategy and Commercial, will succeed Ryan Lance
‘Energy security and network resilience’ – Interview with Katie Petherbridge, head of innovation at National Gas
August 12, 2026
Interview with Katie Petherbridge, head of innovation at National Gas Energy security and network resilience have become the defining priorities for
Ofgem launches consultation on flexible funding rules for biomethane connections
August 11, 2026
Ofgem has opened a new consultation regarding proposed modifications to Special Condition 3.21 of the gas transporter licence, aimed at introducing
Recent News
Clean hydrogen investment passes $130 billion, but demand remains uncertain
September 11, 2026
The North Sea: Beyond oil and gas
September 10, 2026
