Orcadian Energy proposes an offshore complex 65 miles from Great Yarmouth powered by North Sea gas from the Earlham and Orwell fields.
The 10-year UK gilt yield briefly exceeded 5 percent in mid-July 2026, its highest level since May.
US strikes destroyed at least six bridges in Hormozgan province along with a railway station and airport facilities
Andy Burnham's team is preparing announcements on further North Sea oil and gas drilling at fields including Jackdaw and Rosebank, expected shortly after he takes office on 20 July.
US Central Command launched a second wave of strikes against Iranian military targets at 3 p.m. ET on 15 July 2026.
2025 was the warmest year in UK temperature records dating back to 1884, with the last four years among the top five warmest.
Reports from The Telegraph, The Observer and The National indicate Energy Secretary Ed Miliband has privately signalled willingness to approve the Jackdaw gas field amid speculation he could become chancellor under Andy Burnham.
Trump announced the US will act as guardian of the Strait of Hormuz and charge a 20 percent fee on cargo to fund security.
Twenty-four hyperscale data centre proposals could require up to 6000 MW, exceeding 1.5 times Scotland's 4000 MW peak winter demand.
Iran's IRGC navy struck the M/V GFS Galaxy causing engine damage, fire and one missing crewman before declaring the Strait of Hormuz closed to all shipping.
