Penguins redevelopment is part of Shell’s strategy to boost its UK North Sea output to more than 500,000 barrels of oil ...

Ed Miliband risks destroying the UK’s reputation if he blocks Britain’s two biggest offshore oil and gas developments, the ...

Shell PLC (SHEL) shares up on resuming production at Penguins field in UK North Sea with new FPSO facility designed for lower emissions and extended lifespan.

A Scottish court has invalidated Britain's approvals for two major North Sea oil and gas projects, delivering a significant ...

Norway's Equinor has resumed output at its giant Johan Sverdrup oilfield in the North Sea following a power outage and is ...

Forbes readers may be more familiar with Rosebank the whisky, than Rosebank, the biggest undeveloped oil field in the North Sea, 80 miles north-west of the coast of Shetland. Its owners claim is ...

Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO, boosting domestic oil and gas output.

Among the 2024 exploration highlights was the play-opening Othello light oil discovery (50 percent and operator), Norway's ...

Equinor, Norway’s state-controlled oil company, is the lead developer on Rosebank in the North Sea, which is expected ... the company’s plans to increase output. Mr Opedal said he wanted ...