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 ...

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

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 ...

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

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 ...

Britain has issued tougher new environmental rules for fossil fuel projects with implications for the development of two vast ...

Zinger Key Points. Shell resumes production at Penguins field with new FPSO, its first North Sea facility in more than 20 years. Penguins field targets peak output of 45,000 boe/d, with 100M boe ...

By Ron Bousso LONDON (Reuters) – Shell is preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time ...

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

Shell proved it has tremendous execution with its goals and has adopted the right strategy with its asset blend. Click here ...

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.