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Energy security It’s no secret that the North Sea is in decline. Whether Labour presses ahead with a ban on new licences or not, Britain’s oil and gas output will continue to fall.

Energy security It’s no secret that the North Sea is in decline. Whether Labour presses ahead with a ban on new licences or not, Britain’s oil and gas output will continue to fall.

A new independent analysis commissioned by Offshore Energies UK (OEUK) from Westwood Global Energy Group has revealed that the UK has the potential to double its North Sea oil and gas production. The ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...

Production may hold steady in the UK North Sea in 2025, following years of decline. This reflects the impact of a small number of big developments sanctioned in recent years, including BP and ...

USD’s pace of decline somewhat moderated overnight, in response to better-than-expected US data – ISM manufacturing, prices paid, JOLTS job openings. DXY was last at 96.90 levels, OCBC's FX analysts ...

And that may put a stop to the continuous decline in prices. Despite this, many oil demand forecasts—including the IEA’s—still rely on projections of steady EV growth.

Keir Starmer has been accused of sacrificing the UK’s energy security on the “altar of net zero by 2050 ” during his first ...

WTI Crude Oil reports the largest weekly loss since March 2023. WTI remains supported by the $64.00 psychological level, but ...

Diamondback Energy ( FANG 2.04%), Energy Transfer ( ET -1.74%), and Equinor ( EQNR 0.40%) are three dividend-paying energy stocks that can boost your passive income stream even if the stock market is ...