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Church of England pressured to divest from fossil fuels

Church of England pressured to divest from fossil fuels A group of protestors has completed a protest at Wells Cathedral in Somerset to pressure the Diocese of Bath and Wells and 14 other Church of England pledge to divesting from fossil fuels. The protestors, including a member of the clergy, took part in a Eucharist…
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Rishi Sunak spent the morning with the UK’s oil and gas industry.

Rishi Sunak spent the morning with the UK’s oil and gas industry. The Chancellor has associated with oil and gas companies among concerns against the newly declared windfall tax would ‘hurt’ future investments. Rishi Sunak spent the morning at the Net Zero Technology Centre in Aberdeen, hosting a roundtable with about 20 business leaders from…
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Norway and EU work to ensure extra gas supplies

Norway and EU work to ensure extra gas supplies The European Commission and Norway have made an agreement to step up co-operation to establish increased gas supplies from the Scandinavian nation to the EU in the short and long term. It is the role of their efforts to boost energy self-sufficiency and work in the…
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North Sea projects scrapped?

North Sea projects scrapped? The fufillment of a windfall tax on oil and gas firms’ profits has reportedly made some reexamine their new fossil fuel projects in the North Sea. The Telegraph has announced that the Norwegian energy company Equinor is reviewing its plan to drill for oil and gas in the North Sea, in…
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UK spent £5.1 billion on Russian energy imports

UK spent £5.1 billion on Russian energy imports £5.1 billion was spent on Russian energy imports by the UK in the year to April 2022. That’s according to a current research discussion report from the House of Commons, which implies the imports from Russia made up 22% of coal, 9% of oil and 4% of…
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Red paint sprayed on Treasury to protest against oil and gas plans

Red paint sprayed on treasury to protest against oil and gas plans The Treasury buildings have been sprayed by climate activists protesting against the government’s plans to give the go ahead to new oil and gas projects. The symbolic move is targeted at showing that the government is guilty, according to Just Stop Oil campaigners,…
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Governments have to stop ‘dragging their feet’ says UN

Governments have to stop ‘dragging their feet’ says UN: UN Secretary-General António Guterres has remarked that governments must stop “dragging their feet” concerning climate action and promises to restrain carbon emissions. At the time of the World Summit meeting in Vienna, he called countries that were seeking to invest in fossil fuels like coal and…
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Exxon is making alot of money

Exxon is making alot of money The US President has urged the American oil and gas giant ExxonMobil to drill for more oil and make new investments. Speaking on inflation during an event at the Port of Los Angeles, President Biden stated: “We will make sure that everyone knows Exxon profits – Exxon made more…
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Centrica submitted application to reopen ‘largest’ gas storage site

Centrica submitted application to reopen ‘largest’ gas storage site British Gas owner Centrica has submitted an application to the North Sea energy regulator to reopen Rough, which is considered the UK’s largest gas storage facility. The company confirmed it is in “exploratory discussions” with the government about the way Rough could boost the country’s energy…
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North sea oil and gas threatened by Windfall tax

North sea oil and gas threatened by Windfall tax The implementation of the new windfall tax creates uncertainty over future investment, Shell has stated. In its recent set of cost-of-living measures, the government included a windfall tax on energy firms that could possible increment around £5 billion. Energy companies will have to pay an extra…
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