UK-based player is advancing major gas import initiative at Bressay, enhanced oil recovery at Kraken, and new infill drilling ...

Shell is forging ahead with plans to offload 5pc of Britain’s North Sea gas production to an energy tycoon battling claims of ...

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

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 plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO, ...

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 ...

Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas ...

In 2024, Sverdrup accounted for about 54% of Aker BP's group production, which totaled 439kboe/d. Equinor has also revised its ambitions for the field, targeting a 75% reserves recovery rate, ...

Equinor on Wednesday raised its 2030 oil and gas output forecast and scaled back plans for renewable energy capacity ...

DRINKS giant Diageo has warned it could face a £160million hit to its profits if Donald Trump presses ahead with tariffs on Canada and Mexico. It is heavily exposed — with 42 per cent of its US ...

A North Sea oil field discovered 50 years ago has become Shell's first newly-operated facility in the region for more than ...