Shell has said Britain’s oil industry is now “naturally declining” as it announced a significant overhaul of its North Sea assets. The oil and gas giant plans to combine its offshore ...

The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...

Exciting news in the energy sector! Shell and Equinor unveil Adura, their joint venture set to dominate the UK North Sea.

Shell and Equinor's newly formed UK North Sea unit will be named Adura, the companies said on Thursday. The new name reflects ...

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO ...

LONDON (Reuters) -Shell's and Equinor's British joint venture, set to become the biggest oil and gas producer in the UK North ...

Shell was a North Sea pioneer, producing gas in the Leman field in 1968, three years before it discovered the Brent oilfield, which became one of the basin's most important fields and gave its ...

Shell Plc urged a UK court not to threaten the commercial viability of a North Sea gas field by halting its development, despite acknowledging that the approval process for the project was flawed.

U.K.-based oil and gas company Viaro Energy has unveiled plans to acquire Deltic Energy in an effort to strengthen its North ...

The UK imposes stringent environmental regulations on North Sea oil and gas projects, impacting Shell and Equinor ...

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility.The new FPSO ...

The name of the UK North Sea’s largest independent oil and gas producer has been revealed today, marking a major milestone in the creation of the new company.