Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

The Aberdeen & Grampian Chamber of Commerce is calling for tax cuts for North Sea oil and gas producers to protect the UK ...

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, ...

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against ...

Norwegian state-backed group Equinor cut its green targets to boost shareholder value. And France's TotalEnergies will invest less in low-carbon projects.

Sir Keir Starmer has signalled plans to approve a major oil development in the North Sea despite opposition within his ...

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against Donald Trump’s burgeoning trade war, Chancellor Rachel Reeves has been told.

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against ...

Equinor is halving its investment in renewable energy over the next two years in favour of increasing oil and gas production ...

Management maintained a balanced tone, expressing confidence in operational resilience and financial strength while acknowledging uncertainties. Spencer’s comments on the dividend and North Sea ...

DNO ASA plans to drill between four and six North Sea exploration wells in 2025. The company will take part in developing ...

Exploration well 35/6-5 S, the first in production license 1110, was drilled to a vertical depth of 3,933 m subsea by the ...