The Aberdeen & Grampian Chamber of Commerce is calling for tax cuts for North Sea oil and gas producers to protect the UK ...

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

MOSCOW, Jan 29 (Reuters) - Kazakhstan's state energy company KazMunayGaz plans to export about 250,000 metric tons (5,400 barrels per day) of oil fr... LONDON, Jan 28 (Reuters) - Northwest ...

Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO, ...

A Brent Crude futures contract involves the delivery of Brent Crude oil (harvested in the North Sea off the shore of Britain) at a certain price on a certain date. Oil futures are calculated by ...

Brent Crude is an oil product originating in the North Sea, with several oil rigs working off the coast of the British Isles. Are futures riskier than options? Understand the risks of futures vs ...

European countries are negotiating large-scale detentions of Moscow's oil tankers in the Baltic Sea. New legislation is ...

The agreements aim to boost investments, increase production, and maximize returns from exploration and production activities ...

Will PM Narendra Modi Raise Chabahar Port In Talks With US President Donald Trump? Will US Give India Concessions Keeping ...