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North Sea Oil

All articles tagged with #north sea oil

UK to Approve Jackdaw Gas Field, Igniting Climate and Political Row

UK to Approve Jackdaw Gas Field, Igniting Climate and Political Row

The UK government is set to approve the Jackdaw gas field on Wednesday, a move that boosts Shell and Equinor but risks alienating Labour’s green base and climate campaigners. Energy Secretary Miatta Fahnbulleh and Chancellor John Healey will announce the decision in Aberdeen, arguing it does not violate Labour’s pledge against new North Sea licenses. Critics warn the field offers minimal long-term energy security while undermining climate credibility, with the more contentious Rosebank oil field decision pending later this year.

Burnham Set to Lead UK as Markets Weigh His Economic Stakes
politics3 months ago

Burnham Set to Lead UK as Markets Weigh His Economic Stakes

Labour leader Andy Burnham is poised to become the UK’s seventh prime minister in a decade, with King Charles expected to appoint him and markets watching his inaugural policy stance. Trump praised Burnham’s plan to accelerate North Sea oil exploration, while analysts warn the new PM faces questions on funding potential spending, social care reforms, and possible tax changes such as inheritance and council tax, all while trying to stay within fiscal rules.

Trump brands Burnham 'extremely liberal' amid UK leadership race
uk-politics3 months ago

Trump brands Burnham 'extremely liberal' amid UK leadership race

Donald Trump weighed in on UK politics, calling Andy Burnham “extremely liberal” and “the mayor of a town” as Burnham contemplates becoming Labour’s next leader. Burnham’s team declined to comment. Trump’s remarks touch on energy policy implications, suggesting Burnham would be unlikely to open the North Sea to more oil and gas drilling, as the UK navigates energy security ahead of major international summits.

Trump predicts Starmer’s resignation as UK leadership crisis deepens
politics4 months ago

Trump predicts Starmer’s resignation as UK leadership crisis deepens

U.S. President Donald Trump posted that UK Prime Minister Keir Starmer will resign, criticizing his immigration and energy policies and urging Britain to open North Sea oil. The comments come amid leadership speculation in Labour, with Andy Burnham eyed as a potential successor, and amid ongoing polling and internal party tensions over migration and defence spending.