News

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New environmental guidance published for halted North Sea oil and gas projects - Emissions created when fossil fuels are burned will now be taken into account in the wake of a Supreme Court ruling.
The energy major said the new subsea development at Farm Sor will mean more oil and gas can be supplied to Europe, bolstering ...
An oil tanker in the North Sea experienced a massive explosion after being struck by a cargo ship, spelling "devastating consequences" for marine life. On Monday, the Stena Immaculate and the ...
But there is heated debate in Britain about whether new oil and natural gas projects in the North Sea should be permitted at all, given the country’s ambitions to achieve net zero emissions by 2050.
"No amount of UK North Sea oil and gas will turn the dial on international prices, because our volumes are so small, and because everything is run through markets," Dr Cran-McGreehin says.
Top UK oil and gas producers complained that there’s still little clarity on the government’s plans for taxes and permits for North Sea drilling, making investment decisions difficult.
A cargo of North Sea crude that’s crucial to setting the world’s most important oil benchmark fetched a very low price in Asia, a sign that buying remains lackluster.. A supertanker-sized ...
In 2014, Norway saw 57 new oil and gas exploration wells and in 2016, this count fell to 27, Rystad pointed out. Activity increased in 2018 and 2019, before falling again in 2020 due to Covid-19 ...
LONDON — A 59 year-old man has been arrested on suspicion of “gross negligence manslaughter” after two ships crashed in the North Sea, 56 kilometers off the British coast, local police said. U.K. and ...
The North Sea’s oil and gas rigs impact more than the atmosphere. Using over than 30 years of data, scientists found the sediment around nine platforms contains levels of pollutants up to thousands of ...
1 crew member missing after Portuguese-flagged ship slams U.S. tanker in North Sea 02:02. London — The Monday collision between a cargo ship and an oil tanker in the North Sea "has a high risk ...