Offshore Oil Rigs Suffering ‘Calamitous’ Issues to Resume Output: BloombergPipeline operator Genesis Energy said a string of “calamitous” operational issues that have plagued deep sea oil rigs since ...

In a landmark decision, the Court of Session in Edinburgh has revoked the UK government’s approval of Shell’s Jackdaw gas field and Equinor’s Rosebank oil field in the North Sea. The court ruled that ...

New research by Aberdeen & Grampian Chamber of Commerce forecasts a wave of big spending projects that are set to bring huge ...

A Scottish court on Thursday ruled against the development of two oil and gas fields in the North Sea in a "historic win" for two environmental groups. Scotland's Court of Session agreed with ...

Norway's Equinor has resumed output at its giant Johan Sverdrup oilfield in the North Sea following a power outage and is ...

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 (NYSE:EQNR) said Tuesday it stopped all production from its Johan Sverdrup oilfield in the North Sea due to an outage in the offshore power system. Sverdrup is western Europe's largest ...

A power outage has forced the shutdown of the Johan Sverdrup oilfield, Western Europe's largest, impacting oil production in ...

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

Equinor's Johan Sverdrup oilfield in the North Sea has suffered a power outage that is estimated to last for some 8 hours, a ...

Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.