Perenco is pleased to announce the start of the UK's first Carbon Dioxide (CO 2) injection test for Carbon Capture and Storage (CCS). The test involves CO 2 being injected into a depleted natural gas ...

The Barents Sea is poised to deliver a new oil discovery to a heavyweight Norwegian joint venture near one of the region’s ...

A worker tests crude oil sample at an offshore production platform of the first phase of Bozhong 26-6 oilfield in China's Bohai Sea, Feb. 8, 2025. The first phase of Bozhong 26-6 oilfield, by far the ...

The reservoir of the Bozhong 26-6 oilfield is buried in metamorphic rocks beneath the seabed at a depth of over 4,500 meters, and its formation temperature can reach 178 degrees Celsius, making its ...

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

Swinney accused Sarwar of trying to “scare off” investment in renewable energy and categorically denied the green light for new nuclear power facilities would be given. Scottish Greens’ co-leader ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

Norwegian oil and gas firm Aker BP and its partners have drilled a dry well in the North Sea, offshore Norway.The drilling ...

Aberdeen & Grampian Chamber of Commerce has called on Chancellor Rachel Reeves to reduce the tax burden on North Sea oil and ...

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

North Sea oil giants such as BP should be given huge tax breaks to help protect the UK against Trump's trade war, Rachel Reeves has been told.

Aberdeen & Grampian Chamber of Commerce has called on the UK Government to reduce the 78% tax burden on North Sea oil and gas producers as a key first step towards greater domestic energy security.