News

With moves into deeper waters becoming more common as the search for new hydrocarbons continues, the regulatory framework needs to change.
Shell has revealed ‘significantly better’ porosity and permeability properties at its Selene gas prospect in the North Sea ...
The TSOs presented the findings of a pilot study, which show that a regional approach to offshore grid development in the Northern Seas can offer both economic and environmental benefits for Europeans ...
The ongoing hunt for the next major discovery in Norway's Barents Sea will resume soon with at least two large exploration ...
The development of new oil and natural gas resources in the UK isn’t viable due to high taxes, according to Ineos Group. “Tax rates are so punitive that the UK is uninvestable,” Brian ...
Labour's Net Zero drive is leaving the UK at greater risk of power blackouts because it is 'squeezing the life' out of the North Sea oil and gas ... which links North Sea rigs with the mainland.
Six people directly involved in physical North Sea oil and derivatives trading said that the heightened volumes bore the hallmarks of a trader having their positions stopped out. The term means ...
The UK government must take immediate action to safeguard the future of the North Sea ... the oil and gas industry. The independent task force was set up in November with a mission to map out ...
“We need to be optimising what we take from the North Sea as we then move through the transition to what will ultimately be a renewable future.” While the UK Government is opposed to licensing new oil ...
His comments came after industry body Offshore Energies UK (OEUK) said last week that the North Sea could produce about half of the oil and gas the UK will need in the run-up to 2050 – but ...