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Jackdaw approval is a step towards a grownup North Sea policy

21 October 2026 at 18:12

Government decision is about how much oil and gas is sensible for UK to produce on the way to net zero

Andy Burnham hit the nail on the (well)head in his first fortnight as prime minister when he said: “The question isn’t whether Britain will still be using oil and gas, the question is, where does it come from?”

It was a nod towards several awkward energy facts. First, oil and gas provided 75% of the UK’s energy in 2025, government data shows. Second, even with the rollout of domestic renewables for generating electricity, about 43% of overall energy was imported last year.

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© Photograph: Adura/Reuters

© Photograph: Adura/Reuters

© Photograph: Adura/Reuters

Energy secretary leaning towards rejecting Rosebank oilfield

Exclusive: Officials say Miatta Fahnbulleh minded not to give approval in victory for climate campaigners

Miatta Fahnbulleh is minded to reject the giant Rosebank oilfield, sources have told the Guardian, in what would be a blow for the North Sea energy industry and a major victory for climate campaigners.

After approving the smaller Jackdaw gasfield on Wednesday, officials say the energy secretary is leaning towards refusing approval for what would be one of the biggest oilfields in the North Sea.

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© Photograph: Paul Reid/PA

© Photograph: Paul Reid/PA

© Photograph: Paul Reid/PA

‘Jackdaw means we pay our mortgages’: relief in Aberdeen over gasfield approval

21 October 2026 at 11:19

Few believe decision will bring back city’s boom years, but workers hope it will keep as many North Sea jobs for now

As recently as 2012, Aberdeen boasted the highest concentration of millionaires in the UK. An ATM reportedly had the highest withdrawal rate in Europe in the 90s, as oil and gas wealth flowed through the city. House prices skyrocketed in the scramble for space as fossil fuel firms transformed the city’s grand granite houses into company offices. But that was then.

Today, “for sale” and “to let” signs punctuate the city’s main thoroughfares. Disposable income in Aberdeen has fallen by nearly 20% between 2013 and 2023 – more than any other large UK city – after a 2014 oil price shock sparked a brutal reversal in Aberdeen’s fortunes.

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© Photograph: Patrick Greenfield/The Guardian

© Photograph: Patrick Greenfield/The Guardian

© Photograph: Patrick Greenfield/The Guardian

UK approves Jackdaw gasfield in North Sea

Decision was widely expected after lobbying by Shell but will dismay environmental campaigners

The UK government has approved the controversial Jackdaw gasfield in the North Sea, a widely expected move that will nonetheless dismay environmental campaigners and a number of Labour MPs.

While Labour’s 2024 election manifesto committed to a ban on new drilling licences in the North Sea, the companies behind Jackdaw and the Rosebank oilfield project, which is being decided on separately, have sought environmental approval for existing licences.

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© Photograph: Murdo MacLeod/The Guardian

© Photograph: Murdo MacLeod/The Guardian

© Photograph: Murdo MacLeod/The Guardian

Andy Burnham faces climate revolt after approval of North Sea gas drilling

Jackdaw gasfield announcement signals UK’s commitment to North Sea industry but undermines green credentials

The Jackdaw gasfield will be given the go-ahead on Wednesday, signalling Andy Burnham’s commitment to the North Sea fossil fuel industry and threatening to trigger a row with climate campaigners and Labour MPs.

Miatta Fahnbulleh and John Healey, the energy secretary and chancellor respectively, will make the announcement from Aberdeen on Wednesday morning after more than a year of deliberations over whether doing so would violate the UK’s climate commitments.

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© Photograph: Andy Buchanan/AFP/Getty Images

© Photograph: Andy Buchanan/AFP/Getty Images

© Photograph: Andy Buchanan/AFP/Getty Images

North Sea strikes could severely disrupt UK fuel supplies, union warns

More than ⁠160 ​offshore rig workers plan walkout amid rising tensions between unions and oil companies

North Sea workers are preparing to strike at oil rigs across the ageing basin over the coming weeks in a sign of growing tensions between trade unions and oil companies.

The Unite union said on ⁠Monday that more than ⁠160 ​offshore rig workers would take part ⁠in a 24-hour ​strike from Wednesday that could “severely disrupt” UK fuel supplies.

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© Photograph: Martin Langer/Alamy

© Photograph: Martin Langer/Alamy

© Photograph: Martin Langer/Alamy

Electricity costs put UK steelmakers in worst position in three years against EU rivals

19 October 2026 at 00:01

Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group finds

British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices.

The premium paid by the British industry over its French counterpart has risen to almost £30 a megawatt hour (MWh), its highest level in three years, according to analysis by the lobby group UK Steel.

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© Photograph: Ian Forsyth/Getty Images

© Photograph: Ian Forsyth/Getty Images

© Photograph: Ian Forsyth/Getty Images

Electricity costs put UK steelmakers in worst position in three years against EU rivals

19 October 2026 at 00:01

Premium paid over French counterparts has risen to almost £30 a megawatt hour, analysis by lobby group finds

British steelmakers have been pushed further behind European rivals on electricity costs after the US-Israeli war on Iran caused a surge in global gas prices.

The premium paid by the British industry over its French counterpart has risen to almost £30 a megawatt hour (MWh), its highest level in three years, according to analysis by the lobby group UK Steel.

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© Photograph: Ian Forsyth/Getty Images

© Photograph: Ian Forsyth/Getty Images

© Photograph: Ian Forsyth/Getty Images

Microsoft pulls out of AI datacentre project in Essex over power supply concerns

18 October 2026 at 14:05

Development by UK firm Nscale heralded by ministers as largest of its kind in country loses anchor tenant

The development of a huge AI datacentre hailed by the UK government has received a fresh setback after Microsoft pulled out of the project over concerns about power supplies.

The development by the British company Nscale, heralded by ministers as the country’s largest AI datacentre when it was announced in 2025, was planned to open at Loughton in Essex next year.

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© Photograph: Nscale

© Photograph: Nscale

© Photograph: Nscale

‘From liabilities to goldmines’: refineries eye record profits from diesel shortage

Firms turning crude oil into the ‘workhorse’ fuel stand to gain most despite economic fallout from record prices

Days after Donald Trump announced a deal to import Russian diesel into the US in an effort to lower soaring pump prices, the world’s energy watchdog has warned that the global fuel shortage will drag into 2027.

Trump’s temporary sanctions reprieve was criticised for offering “too little, too late” to temper the sky high pump prices triggered by the shutdown of war-damaged refineries in the Middle East and Russia – once the world’s second-largest diesel exporter behind the US.

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© Photograph: Martin Meissner/AP

© Photograph: Martin Meissner/AP

© Photograph: Martin Meissner/AP

Trump’s deal with Putin will have little impact on US diesel prices, experts say

11 October 2026 at 16:56

Analysts say fuel will take weeks to ship and quantity is too small to affect prices, while full deal is unlikely to be met given damage to Russian refineries

Donald Trump’s deal with Vladimir Putin to temporarily lift sanctions on US imports of Russian diesel will have little “meaningful” effect on motorists and businesses in the US and overseas, energy and foreign policy analysts have predicted.

The US president infuriated Volodymyr Zelenskyy when he announced the deal on Friday, writing on Truth Social that the agreement with his Russia counterpart to supply millions of tonnes of diesel was essential to reduce fuel prices in the US, which have soared after his decision to go to war against Iran.

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© Photograph: Patrick T Fallon/AFP/Getty Images

© Photograph: Patrick T Fallon/AFP/Getty Images

© Photograph: Patrick T Fallon/AFP/Getty Images

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