LONDON, ENGLAND (Sir Jim Ratcliffe, Chairman and CEO of INEOS, 3.Apr.2025) — INEOS chairman and CEO Sir Jim Ratcliffe, in an opinion piece, said ÂŁ150bn in value linked to the UK economy from the North Sea is at risk. Urgent reform of the UK energy tax is need, Ratcliffe argued: […]
Tag: North Sea Transition Authority (NSTA)
CNOOC Fined ÂŁ825,000 for North Sea Flaring or Venting Breaches
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.Jan.2025) — The North Sea Transition Authority (NSTA) has imposed a penalty of ÂŁ125,000 on CNOOC Petroleum Europe Limited for venting without consent at its Buzzard field, which is located 60 miles north-east of Aberdeen, on 2 separate occasions in the space of […]