Autumn statement sets out tax plans for oil and gas
The chancellor, Jeremy Hunt, confirmed today the end date for the windfall tax on oil and gas profits, more formally known as the energy profits levy (EPL).
Balcombe villagers criticise oil firm over “incorrect fracking statement”
The company which operates the mothballed oil site at Balcombe in West Sussex has been accused of misrepresenting history in a comment on fracking.
Reaction to Rishi Sunak climate policy shift
Rishi Sunak’s delays to net zero targets have divided his party, united industry with environment and attracted criticism from the government’s climate advisor.
Extinction Rebellion pours fake oil over Labour HQ
Extinction Rebellion poured fake oil over the steps of the Labour Party headquarters this morning.
August 2023 headlines
Keep up to date with August 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
“Wrong decision at wrong time”, say opponents of PM’s announcement of new oil and gas licences
Opponents of new drilling for oil and gas have criticised the prime minister’s promise to grant “hundreds” of new licences.
Government faces second legal challenge over ‘unlawful’ climate plans
Three environmental organisations are seeking to take the government to court over its climate plans for the second time.
“Expansion of fossil fuel production not in line with net zero” – CCC
Government advisors have accused ministers of lacking leadership on climate change and sending conflicting messages on fossil fuels.
Cuadrilla back in the red, value of shale gas assets to be cut
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
New watchdog’s first legal challenge opposes government over counting carbon
The government’s new environmental watchdog has been on the opposite side of the legal argument from a minister in its first court case.
DRILL OR DROP? 