Member Info for Frac

Orstead operates 12 UK wind farms @ 7% of UK renewables ! OOps : On Monday, the company revealed it would not be bidding to build any renewables projects under the next round of UK green energy subsidies, known as Allocation Round 7 (AR7). Ørsted has already stopped work on a major project in British waters amid cost pressures.

Important in many societies yet Starmer , Milliband and Reeves whilst looking both stupid and stubborn over current policy will soon be accused of Harming the UKs populous: https://www.equinor.com/news/20250825-new-oil-and-gas-discovery-near-the-troll-field

Starting to make sense now as the even had beer sandwiches at Starmers covid meeting … Straight from Harold’s playbook other than the Unions were buddies then and now Sharon’s not for playing !!! They’re in a fix and apart from ENQ I’m now in £ & gold

Fast forward a year and Rachael must have gone back to seek dear Denniss to take advice from the ultimate “ Sillly Billly” https://www.theguardian.com/business/2024/oct/31/reeves-tax-rises-will-boost-growth-sustainably-says-imf

In anyone’s money it’s a state bailout !! Mind if it goes as well as Fergusson marine for Sweet Nicola then they’ll be flushing money into the waters around the UK (interestingly when Sturgeon stood on the bridge of the infamous Glen Sannox the windows had been painted onto the ship ) so much for being Transparent then :-) similarly Starmers Chagos choke which seems to have been sidestepped by the BBC in an attempt of contrition for being TW…..TS

Https://www.agcc.co.uk/news-article/us-ambassador-to-britain-calls-on-uk-to-use-all-its-energy-assets

Perhaps this maybe a better route as Reeves may be more open to helping smaller businesses: Robin Allan, chairman of BRINDEX, which represents the UK’s smaller independent oil and gas producers, said: “There are significant oil and gas reserves and resources left in the UK North Sea but output is declining largely because of government policy, not geology.

Ideology and a lack of funds will keep EPL in place .. likely they will tinker as that’s all they’re good at and will increase allowances to enable some minor increases for smaller companies.. Labour just hate profits @ BP & Shell

Transformational deal looking more like selling NS assets and buying big in Asia Pacific with a relisting and a special divi imho!

As it seems there a co-ordinated plan: Saudi increase production , Trump re-tariffs Putin Energy globally and Zelensky targets Refineries and likely pipelines & Supply ! ? Just an observation

Forgot the link : https://positivemoney.org/uk/update/how-the-government-could-reclaim-the-huge-payouts-to-banks/

When esteemed chancellor says : I think it’s right we ask companies who have made big profits to pay a bit more.”

So who feels lucky being lusted in the Uk then eh? Banks , insurers even dear old RR (Rolls Royce) .. can smell the windfall taxes in the winds of the incoming storm !

Https://co2coalition.substack.com/p/electricity-generated-from-wind-and?utm_source=multiple-personal-recommendations-email&utm_medium=email&triedRedirect=true

More unicorns, mind SSE won’t worry , they’ll be pocketing huge subsidies , with extra bounce on containment payments and then offload it to the Canadian govt pension fund!!! GB Energy have also gone missing : https://www.bbc.co.uk/news/articles/c74dxm1jzp8o.amp

Https://www.theguardian.com/world/2025/jul/31/new-zealand-government-votes-to-bring-back-fossil-fuel-exploration-in-major-reversal#:~:text=But%20on%20Thursday%20afternoon%2C%20the,to%20invest%20in%20gas%20exploration.

On Milliband Windmills !! Well Scotland is set to be becalmed for 72-84 hours so Eddy best turn the gas on !

Dale was last seen offering combined 2 year dual fuel fix 14% cheaper than centrica ! Either has an excellent crystal ball or similarly needs cash flow :-)

For balance there were over 5000 jobs lost in the uk O&G sector last year so small beer without a sandwich : https://www.energyvoice.com/renewables-energy-transition/573705/government-must-avoid-mass-offshore-job-losses/

To change the message so are buying 200 jobs for £900k+ in Aberdeen : https://www.gov.uk/government/news/tailored-support-for-aberdeen-oil-and-gas-workers

Https://www.renews.biz/102044/london-raises-ar7-strike-price-caps/