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Good news for North Sea Oil & Gas

Commenting on today’s developments, Deirdre Michie, chief executive at the industry trade association, said: “Following hard on the heels of recent merger and acquisition activity, today’s announcements are very good news indeed for the UK’s offshore oil and gas sector. After three difficult years, they reinforce the gathering strength of belief in the future of the UK North Sea as we move slowly out of the downturn caused by the oil price slump.

Contributor: Deirdre Michie | Published: 3 December 2017

development development

GMB calls for downgrade of OFGEM

GMB, the union for energy workers, is calling on the Labour Party front bench to commit to downgrade Ofgem in line with the Helm report and push for the SSE Npower merger to be blocked. The union has written to Rachel Reeves, chair of the Business, Energy and Industrial Strategy Committee and Rebecca Long-Bailey the Shadow Secretary of State for BEIS seeking their support.

Contributor: Justin Bowden | Published: 1 December 2017