UK North Sea oil and gas endured its toughest year in decades in 2025, with investment pulled back sharply and offshore exploration falling to zero.
The fire on an oil tanker involved in the crash in the North Sea has finally gone out, several days after it collided with a container ship near the Humber Estuary. Crowley, the maritime company ...
The Norwegian Offshore Directorate report makes clear that Norway’s sector of the North Sea will remain productive for years.
NOT a single exploration well was drilled in North Sea waters in 2025 – the first year since oil and gas was discovered there ...
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 ...
Activity in UK waters has dried up as energy firms reel from the windfall tax on profits and Ed Miliband's ban on licences ...
Shell PLC (NYSE: SHEL) has finalized a deal with Equinor ASA (NYSE: EQNR) to merge their U.K. offshore oil and gas operations into a new company called Adura. The new company was launched on Monday ...
The chief executive of Enquest criticizes the UK's Energy Profits Levy, claiming it is doing "irreversible damage" to the oil and gas industry and discouraging investment. Due to the heavy tax burden, ...
In March 1980, the Alexander Kielland oil platform capsized in the North Sea after a support brace snapped from a cracked weld that engineers had already flagged as weak. Within 30 minutes, the ...
The current is at work once more, this time as the industry faces deep difficulties. Complaints from north of the border—most ...
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 ...
An environmentalist group called Oceana has filed a lawsuit to prevent oil and gas exploration under 31 North Sea licenses, claiming the UK government ignored expert advice. Earlier this year, a ...