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

Equinor on Wednesday raised its 2030 oil and gas output forecast and scaled back plans for renewable energy capacity ...

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.

Equinor's Oslo-listed shares were trading up 0.6% by 0845 GMT, slightly outperforming a wider European oil and gas index ... agreed to merge their British North Sea assets into a 50-50 joint ...

European bourses tracked modestly higher midday Wednesday as traders weighed earnings reports, and easing petroleum prices. Food and property stocks gained, while oil issues lagged. Heineken shares ...

Norway's Equinor has halted all output from its Johan Sverdrup oilfield, reputedly the largest producing field in western ...

Norwegian state-backed group Equinor cut its green targets to boost shareholder value. And France's TotalEnergies will invest less in low-carbon projects.

The first phase of Bozhong 26-6 oilfield by far the largest metamorphic rock oilfield in the world commenced production on Friday according to its ...

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

Right wing US president Donald Trump has said North Sea oil production should be increased as the industry also won support from a state seen ...