Warning comes as Harbour Energy says it will axe 100 of its offshore workforce after chancellor kept headline 78% levy ...

The UK Government will allow new North Sea oil and gas licences tied to existing fields, while maintaining windfall taxes.

The UK government will allow oil and gas drillers to develop new fields next to existing ones, in a move ministers argued was ...

Equinor and Shell have launched a new company, Adura, combining their UK offshore oil and gas operations. The company will ...

Shell and Equinor merge UK offshore operations to form Adura, projected to produce 140,000 barrels per day, becoming the largest independent North Sea producer in 2026.

Researchers found huge mounds in the North Sea, calling the sand bodies beneath the mounds “sinkites,” blocks of uplifted ooze “floatites.” ...

The move is likely to be welcomed by the oil and gas industry. But the sector’s biggest ask has been for the Chancellor to ...

The UK will allow new oil and gas production only from existing or nearby North Sea fields while extending the windfall tax ...

The UK government’s decision to retain the windfall tax is driving away investment, triggering job losses, and prompting industry warnings of a collapse in North Sea oil and gas production.

Equinor ASA and Shell PLC have completed the combination of their oil and gas operations on the United Kingdom's side of the ...

Britain's government signalled Wednesday it could issue permits for oil and gas extraction around existing North Sea fields, despite a promise to halt licences for new production in the area.

The UK's largest oil and gas producer plans to cut about 100 offshore jobs, it has announced. Harbour Energy has already ...