The current is at work once more, this time as the industry faces deep difficulties. Complaints from north of the border—most ...

The Norwegian Offshore Directorate report makes clear that Norway’s sector of the North Sea will remain productive for years.

What’s an “unusually high” oil price? The answer will dictate the moribund British oil industry’s future. Once a source of national pride and economic security, the North Sea today faces a grim future ...

The UK North Sea is being reshaped by consolidation at a pace not seen since the aftermath of the 2014 oil price crash. In the past twelve months alone, a series of mergers has concentrated more than ...

(Bloomberg) -- US President Donald Trump urged Keir Starmer to extract more oil from the North Sea and criticized UK taxes on fossil fuels in his latest attack on the prime minister’s policies during ...

North Sea oil fields were were once described as ‘climate vandalism’ by Ed Miliband, the Energy Secretary - Paul Campbell/PA Wire Two of the North Sea’s most controversial drilling projects are poised ...

LONDON, Nov 26 (Reuters) - Britain will allow some new oil and gas production on or near existing fields, the government said on Wednesday, easing its stance on new licences while dashing oil and gas ...

The Tony Blair Institute (TBI) has recommended that the UK government shift its focus from the 2030 clean power target to making electricity cheaper, arguing that this approach would better secure ...

French energy giant Total is in advanced talks with privately owned firms Albion Energy and First Alpha Energy Capital on the sale of some of its British North Sea assets, two industry sources said.

Ed Miliband’s fantasies of climate justice and clean energy are slowly being exposed. The secretary of state for energy security and net zero’s green delusion is going to be abandoned. If an economy ...

March 24 (Reuters) - British North Sea-focused oil producer EnQuest (ENQ.L), opens new tab on Thursday reported its highest free cashflow in 2021 of $397 million, almost double the previous year, ...

UK North Sea assets are consolidating rapidly, with mergers involving Harbour Energy, TotalEnergies, Shell and Equinor concentrating over 500,000 boe/d of output as operators adjust their strategies ...