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

UK North Sea oil and gas endured its toughest year in decades in 2025, with investment pulled back sharply and offshore ...

The UK oil and gas industry suffered its worst ever year for exploration in 2025, with investment set to plunge further, as ...

President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers. By Jenny Gross Reporting from London During President Trump’s four-day visit to Scotland, ...

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 a five-day ...

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 ...

Vår Energi AS has reached peak production from the Jotun FPSO in the North Sea ahead of schedule. Vår Energi ASA reached peak production from the Jotun floating production, storage and offloading ...

BP (NYSE:BP) has brought its Murlach project in the U.K. North Sea online, marking the company’s sixth major energy startup of 2025. The move underscores BP’s renewed emphasis on oil and gas ...

Murlach adds a peak net production of about 15,000 boe/d to the bp-operated Eastern Trough Area Project (ETAP) in the central North Sea. bp started oil and gas production from Murlach field in the UK ...

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 ...

Oil and gas services firm Petrofac is set to appoint administrators, placing thousands of jobs in jeopardy across its global operations. The company, which employs more than 7,000 workers worldwide, ...