Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on ...

Oil is declining in the North Sea. What does the future hold for the basin and its communities? We spoke to experts.

Facing declining domestic production, energy security concerns, and industry pushback, the UK government is adjusting its stance.

The consultation will set out the next steps for the government’s strategy to transition away from fossil fuels ...

The Conservative Government first introduced a 25% windfall tax in May 2022, following soaring energy prices due to Russia's ...

Ministers said current plans for global oil and gas production ... the North Sea is in decline, with oil majors seeking opportunities elsewhere in the world. UK oil production hit a record low ...

DESNZ consults on how to foster smooth transition away from oil and gas production in the UK and grasp opportunities from ...

Amid fears over thousands of North Sea oil and gas jobs being lost in the green transition, Labour’s strategy could create additional roles if ambitious renewables targets become a reality ...

A deal would most likely involve a reverse takeover by EnQuest for Serica and include a return of capital to current Serica ...

The windfall tax on oil and gas firms will end in 2030 – but the government has pledged to “unleash” clean energy in the ...

Shadow Scotland secretary and Aberdeenshire MP Andrew Bowie said early-stage plans to stop issuing new oil and gas field ...

The UK government is pushing ahead with plans to halt new oil and gas exploration licences but left room for a “pragmatic” approach to production in a move welcomed by the industry.