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28 May 26 |
UK: SSE generates nearly £10bn for UK economy as it invests to strengthen the electricity system Leading electricity infrastructure company SSE has delivered a record year of investment, spending £3.6bn in 2025/26 on strengthening the UK’s electricity grid, accelerating electrification and setting the UK on a path to lower energy bills for consumers. This saw SSE investing 60% more than it made in adjusted operating profit into building critical national infrastructure during the financial year. |
28 May 26 |
UK: 'Use what is left of our North Sea oil and gas resources' says Tony Blair' Aberdeen & Grampian Chamber of Commerce has welcomed Tony Blair’s major intervention, as he sets out what the party he once led must do to retain power and get Britain back on track. In a 5,600 word essay the former Prime Minister put the need for a more pragmatic approach on North Sea oil and gas front of centre among a set of policy priorities required to deliver growth. |
28 May 26 |
UK: European Energy enters the construction phase on hybrid solar and battery project in the United Kingdom European Energy has commenced construction of the Indian Queens solar and battery project in Cornwall, advancing a renewable energy asset with integrated storage that has cPPA and CMC in the UK market. The project is scheduled to be grid-connected in the first half of 2027. |
26 May 26 |
UK: Study reveals how offshore structures can help - or hinder - marine ecosystems A new international review has shed light on how offshore energy structures - from oil and gas platforms to wind turbines - shape marine ecosystems and the benefits they provide to society. |
26 May 26 |
UK: Nine in 10 energy firms say North Sea still has long-term future – if UK Gov backs industry Aberdeen & Grampian Chamber of Commerce has warned that the UK is in danger of accelerating the decline of the North Sea unnecessarily, despite overwhelming industry belief that the basin still has a long-term future under the right conditions. |
26 May 26 |
Union Jack Oil announces Final Results for the Year Ended 31 December 2025 AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development, exploration and investment company, has announced its audited results for the year ended 31 December 2025. |
26 May 26 |
UK: The Port of Southampton strengthens its role in UK renewable energy supply chains The Port of Southampton is strengthening its position as a vital link in the UK’s renewable energy supply chains as it grows its partnership with Vestas, a global leader in sustainable wind energy technology. |
26 May 26 |
UK: Reeves launches fresh oil and gas tax raid to fund support package Chancellor Rachel Reeves has announced a fresh tax raid on oil and gas companies, scrapping rules that allowed firms to offset UK trading profits against losses made by overseas subsidiaries. |
