Oil & Gas
The UK reserves of oil and gas remain at significant levels but the move away from carbon-based fuels have pushed major investments towards renewable energy industries. In 2022 the UK was responsible for approximately 1% of global output of oil and gas.
Although exploration and production of carbon fuels represents a key market for UK manufacturing supply chain companies the longer-term future will be in utilising the skills base and supply chain to support renewables and storage.
The decommissioning of oil and gas infrastructure is a complex operation and requires innovative engineering manufacturing solutions. This is an area where the integrated UK manufacturing supply continues to play a key role, with the UK and globally. Oil and gas supply chain manufacturing expertise is in the UK is particularly strong in the Northeast of England and Scotland.
Oil & Gas News
Oil & Gas News – Late June 2026
Essar Group and International Resources Holding (IRH) today (June 16) announced a $500m crude sourcing facility and product supply facility between Essar Energy Transition Fuels and IRH Global Trading. IRH, headquartered in Abu Dhabi, UAE, is a global mine-to-market platform that strategically invests in minerals critical to the energy transition and technological advancement. IRH Global…
Oil & Gas News – Early March 2026
Rotork, the Bath-headquartered specialist oil and gas valve manufacturer, today said it expects to make further progress this year despite the uncertainty in its markets caused by the war in the Middle East. The group, which designs and makes high-quality flow control equipment for the global oil, gas, water and power industries, said it was…
Oil & Gas News – Late February 2026
Four energy companies – National Gas, Centrica, Equinor and SSE Thermal – have launched a bid to develop Britain’s first regional hydrogen transport and storage network in the Humber. Humber Hydrogen is a network that includes the Humber Hydrogen Pipeline and Aldbrough Hydrogen Storage, which will submit proposals under the government’s Hydrogen Transport and Storage…
Oil & Gas News – Late January 2026
Storage capacity will have to increase sharply if hydrogen drives out gas as the main source of back up electricity generation, according to a new government-commissioned study. The report, which was carried out by consultancy Baringa, is one of a series on electricity generation costs published this week by the Department for Energy Security and…
Oil & Gas News – Early January 2026
Thousands of jobs are set to be saved after part of energy services firm Petrofac was bought out of administration. American company CB&I has announced it has entered into a deal to buy the firm’s asset solutions business in the first quarter of 2026. Petrofac employs 3,000 people in the UK, including about 2,000 in…
The Complete Package for Industrial Seal and Valve Maintenance
Kemet International Ltd is a globally recognised leader in precision Lapping and Polishing technology. During the Company’s 85+ years, it has been involved in developing most of the surface finishing processes used by today’s mechanical seal and valve manufacturers. Kemet Lapping Systems can be found in Service Centres throughout the world. In Refineries, Petrochemical Plants,…
Oil & Gas News – Late October 2025
A new hydrogen pipeline linking North Nottinghamshire and the Humber is being hailed as a game-changer for jobs and industry in the East Midlands. The East Coast Hydrogen Pipeline (ECHP), led by Cadent, will connect major hydrogen production at HyMarnham Power with key energy-intensive industries, including steel, chemicals, food and drink, and manufacturing. Once operational,…
Oil & Gas News – Early October 2025
Energy Secretary Ed Miliband has confirmed that the Government will bring forward legislation to end new onshore oil and gas licensing in England, including licences that could permit fracking. Speaking at the Labour Party conference in Liverpool on Tuesday (30 September), Miliband said fracking — the process of extracting gas and oil from shale rock…
Oil & Gas News – Early August 2025
BP has said it “can and will do better” to develop and monetise its oil and gas production as the energy giant continues to shift away from renewables and back to fossil fuels. Chief executive Murray Auchincloss said the UK-based firm would review how it manages its oil and gas assets and will consider cost…
Oil & Gas News – Late July 2025
An oil refinery is to shut after the government said it was unable to find a buyer for it. The Official Receiver took over the Lindsey Oil Refinery in North East Lincolnshire last month after its owner Prax went into administration, putting 420 jobs at risk. Energy Minister Michael Shanks said, “no credible offers have…