By Amanda Jordan and Laura Hurst (Bloomberg) --The U.K. offshore oil and gas industry pledged to cut emissions from its operations by half in the next decade, and eliminate them completely by 2050. The commitment announced by industry body OGUK Tuesday reflects mounting pressure on energy producers to bolster the fight against global warming. Yet it relates only to direct … [Read more...]
Britain Suspends IMO 2020 Fuel Checks Due to Coronavirus
Photo: Infinitum Produx / Shutterstock LONDON, March 27 (Reuters) - Britain has suspended checks on ships for compliance with low sulphur fuel regulations as part of wider measures that cut back on inspections to reduce the impact of the coronavirus outbreak on supply chains, the coastguard authority said on Friday. The coronavirus has created growing … [Read more...]
UK Imposes Travel Restrictions to North Sea Oil and Gas Installations
Photo: corlaffra / Shutterstock LONDON, March 12 (Reuters) - Britain's oil and gas sector association OGUK on Thursday banned people from travelling to offshore installations such as platforms if they have travelled to certain countries affected by the coronavirus in the previous 14 days. The ban comes after Equinor reported the oil industry's first … [Read more...]
UK Urged to Include Shipping and Aviation in Net Zero Emission Goal
By Susanna Twidale LONDON, Sept 24 (Reuters) - The aviation and shipping sectors should formally be included in Britain's target to cut its greenhouse gas emissions to net zero by 2050, the government's climate advisers said on Tuesday. Britain earlier this year became the first G7 country to set a net zero emission target although the shipping and aviation sectors were not … [Read more...]
UK Set to Open $25 Billion Lease Auction for Offshore Wind Farms
By William Mathis (Bloomberg) --The U.K. is set to open the first contest in a decade intended to draw as much as 20 billion pounds ($25 billion) of investment in offshore wind farms. The move in a competitive auction for leases where developers can plant large-scale turbines at sea will bring at least 7 gigawatts of new power generation capacity to the U.K. grid and speed … [Read more...]