North Sea oil could last longer than expected

The industry body Oil & Gas UK recently published its annual forecast of offshore oil and gas exploration and development activity in the UK, based on a survey of the spending plans of over 70 companies.  It revealed that the number of offshore oil and gas projects currently under consideration for development has risen sharply over the last 12 months, … Continue reading

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Secure and sustainable energy supplies now “in doubt” in the UK

“The unprecedented combination of the global financial crisis, tough environmental targets, increasing gas import dependency and the closure of ageing power stations has combined to cast reasonable doubt over whether the current energy arrangements will deliver secure and sustainable energy supplies.” So says the UK energy regulator Ofgem in a press release this morning.   After a year of analysis … Continue reading

Posted by Nigel Tree | Comments Off on Secure and sustainable energy supplies now “in doubt” in the UK