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UK North Sea Oil Enters Survival Mode as Investment Dries Up
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 current is at work once more, this time as the industry faces deep difficulties. Complaints from north of the border—most ...
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 ...
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 ...
Tory leader Kemi Badenoch has declared an oil and gas “emergency” in the North East of Scotland as she pushes the Labour government to overturn its ban on new oil and gas licenses. Badenoch has ...
NOT a single exploration well was drilled in North Sea waters in 2025 – the first year since oil and gas was discovered there ...
U.S. President Donald Trump has taken to social media to criticize once again the UK’s energy policy to pursue renewables and tax North Sea oil and gas operators more. Referring to the UK, President ...
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 ...
Oil and gas majors Shell and Equinor have completed the transaction to combine their offshore UK oil and gas operations in a 50/50 joint venture, Adura, which will be UK’s largest independent North ...
In the North Sea where Denmark once drilled for oil, imported European carbon dioxide will soon be buried under the seabed in a carbon capture and storage (CCS) project nearing completion. CCS ...
The North Sea has become the site of a live policy experiment, showcasing two dramatically different approaches to the energy transition, with profoundly different results. While Norway, committed to ...
North Sea crude exports are set to climb to the highest level in more than eight years next month, adding to a growing global supply glut that’s expected to weigh on oil markets into 2026. Loadings of ...
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