If correct, the law discriminates unfairly against North Sea operators as any company providing oil to UK consumers that has been extracted anywhere else in the world — and transported thousands of ...

Shell is forging ahead with plans to offload 5pc of Britain’s North Sea gas production to an energy tycoon battling claims of ...

Conservative leader Kemi Badenoch has warned that businesses are “abandoning” the North Sea while a decision is awaited from ...

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, ...

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

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

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

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.

North Sea oil giants such as BP should be given huge tax breaks to help protect the UK against Trump's trade war, Rachel Reeves has been told.

U.K. Prime Minister Keir Starmer wants controversial oil and gas fields in the North Sea being developed by Shell and Equinor to move forward.

Sir Keir Starmer is expected to back one of Britain’s biggest offshore oil field developments despite fierce opposition from Ed Miliband, his Energy Secretary ...