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01 Aug 26![]() |
UK: BP puts North Sea business up for sale Prime Minister Andy Burnham faces a 'defining moment' in the wake of the announcement that BP is putting its North Sea business up for sale. While the news rocks the region, BP is only the latest employer to seek to exit the North Sea on the back of years of uncertainty around policy, damaging taxation and conflicting information from government about the future of oil and gas in the UK. |
31 Jul 26![]() |
UK: Uniper selects SLB Capturi carbon capture technology for UK power project SLB Capturi™ has been selected as the preferred carbon capture technology licensor for Uniper’s proposed Connah’s Quay Low Carbon Power (CQLCP) project in Deeside, United Kingdom. The selection follows a competitive front-end engineering and design process that began in December 2024. |
31 Jul 26![]() |
UK: bp to market its North Sea business bp has announced that it is launching a process to market its North Sea business for a potential sale. The decision forms part of bp's ongoing portfolio review and reflects its disciplined approach to capital allocation - all in service of creating a simpler, stronger and more valuable company. |
31 Jul 26![]() |
UK: Prime Minister Andy Burnham gives clear signal of support for North Sea future Prime Minister Andy Burnham has confirmed he told US President Donald Trump that the UK 'can't ignore' North Sea oil and gas resources, saying he intends to take a 'pragmatic approach' to the basin. |













