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 £150bn 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 £825,000 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 £125,000 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 […]