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.

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

BP said in 2017 it hoped to double North Sea oil production to 200,000 barrels by 2020 through a range of projects. The company said it would "assess future options", when analysis of the latest ...

Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, ...