Conservative leader Kemi Badenoch has said her party will remove all net zero requirements on oil and gas companies drilling in the North Sea if elected. Badenoch is to formally announce the plan to ...

Ed Miliband’s retreat from the North Sea is causing “irreversible damage” to Britain’s oil and gas industry, a leading energy producer has warned. Amjad Bseisu, chief executive of listed oil company ...

Vitol Group has built up a significant position in North Sea crude, indicating a bullish bet on benchmark prices despite signs of a looming increase in global supplies. The world’s top independent oil ...

When the project begins commercial operations next year, it is expected to become the European Union’s first ...

The North Sea crude market, home to the world's most important physical oil-price benchmark Dated Brent, often sees individual traders taking relatively large positions. Image by Igors Aleksejevs via ...

President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers. By Jenny Gross Reporting from London During President Trump’s four-day visit to Scotland, ...

Equinor has discovered additional oil and gas resources near the huge operating Troll field in the North Sea, the Norwegian energy major said on Monday. The discovery, 9 km (5.6 miles) north of the ...

The UK Government should avoid accelerating the decline of North Sea oil and gas production through policies, as job losses amid the decline in Scotland’s oil and gas industry currently exceed jobs ...

The UK North Sea Transition Authority (NSTA) has approved a three-year extension to the second term of License P2244, which ...

Canadian oil sands benefit from geology, technology, and cost-cutting measures Canadian oil sands have lower break-even prices than U.S. shale producers Technological advances improve efficiency and ...

BP Plc began oil production at its Murlach project in the UK North Sea, the energy giant’s sixth startup this year as it returns to focusing on fossil fuels in hopes of reversing years of ...