North Sea

marginal sea of the Atlantic Ocean

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Chancellor lacks action on energy profits levy amid economic woes
politics Mar 3, 2026, 5:03 PM
Chancellor lacks action on energy profits levy amid economic woes
  • Criticism of Chancellor Rachel Reeves intensified over her decision to maintain the Energy Profits Levy.
  • Industry bodies have raised concerns about the negative impact of taxation on jobs and the economy.
  • The Chancellor's spring statement is viewed as lacking substantial support for the energy sector, prompting calls for policy review.
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Ineos leads the way in EU's first large-scale offshore CO2 storage site
business Jan 30, 2026, 1:10 AM
Ineos leads the way in EU's first large-scale offshore CO2 storage site
  • Greensands Future project aims to store CO2 in an old oil field off the coast of Denmark.
  • The EU views carbon capture and storage technology as necessary for achieving net zero emissions by 2050.
  • This initiative could significantly contribute to Denmark's emission reduction goals while facing criticism over its long-term implications.
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Royal Navy shadows Russian submarine in English Channel
military conflicts Dec 11, 2025, 6:18 PM
Royal Navy shadows Russian submarine in English Channel
  • The Royal Navy tracked the Russian submarine Krasnodar through the English Channel as part of a three-day operation.
  • This action follows a reported 30% increase in Russian naval activity threatening UK waters over the past two years.
  • The situation exemplifies rising geopolitical tensions, prompting the UK to enhance maritime and cyber defenses.
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Petrofac administrators strive to finalize North Sea sale this Christmas
business Dec 4, 2025, 5:29 PM
Petrofac administrators strive to finalize North Sea sale this Christmas
  • Petrofac fell into administration in October 2023 due to a contract cancellation.
  • Administrators are looking to sell Petrofac's North Sea operations by Christmas.
  • Completing this sale could save thousands of British jobs.
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business Nov 26, 2025, 7:15 AM
INEOS launches ambitious carbon storage project in the North Sea
  • INEOS aims to commence carbon storage in the North Sea through its Greensand Future project, initially storing 400,000 tons of CO2 annually.
  • The project has established agreements with Danish biogas facilities for carbon emissions storage and includes plans for a CO2 terminal and specialized carrier vessel.
  • Experts confirm the geological suitability of the Greensand sandstone, though environmental advocates caution against viewing carbon capture as an alternative to reducing emissions.
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Lee Hulse dies after incident on North Sea drilling rig
business Nov 17, 2025, 5:38 PM
Lee Hulse dies after incident on North Sea drilling rig
  • Lee Hulse, 32, died working on the Valaris 121 oil platform off Aberdeen on November 14, 2025.
  • Police Scotland reported the death is not suspicious, with investigations ongoing from both them and the Health and Safety Executive.
  • A GoFundMe campaign has raised significant funds to support Hulse's family, highlighting the community response to the tragedy.
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Scientists reveal how to predict dangerous rogue waves
science Nov 13, 2025, 7:45 AM
Scientists reveal how to predict dangerous rogue waves
  • Researchers analyzed over 27,000 wave measurements from the North Sea collected over 18 years.
  • The study reveals that rogue waves can be predicted by identifying specific wave patterns.
  • The findings could enhance safety for vessels at sea and change the understanding of rogue waves.
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