UK Labour and opposition leader Keir Starmer will announce proposals to block all new North Sea oil and gas developments and limit borrowing to green investment, the Sunday Times reported, citing ...

Oil-And-Gas-Blocks News: Esgian Week 36 Report: New Contracts Awarded In India, Guyana And West Africa, Indonesia To Offer More Energy Blocks In North Sumatra, Saturday, March 15, 2025.

The UK plans to issue at least 100 new oil and gas licences in the North Sea in a bid to maximise domestic extraction of fossil fuels. ... “It’s like you are off the starter blocks,” he says.

The UK launched the 33rd Oil and Gas Licensing Round in October last year, with 931 blocks and part-blocks made available for application. NSTA has received 115 applications from 76 companies for ...

The UK’s North Sea oil and gas companies are failing to switch their investments to renewable energy, shows a recent analysis by climate campaign group Uplift. According to the organisation ...

An Equinor offshore oil drilling platform in the North Sea, on Monday, Feb. 13, 2023. The UK government has just given Equinor the green light to develop a huge oil and gas field near Shetland in ...

According to data from Norwegian investment bank SpareBank 1 Markets, reserve-based lending to oil and gas operators in the UK’s North Sea had fallen by some 40-50% since the introduction of the ...

The UK government has announced plans to allow a big expansion of drilling for oil and gas in the North Sea in a move that environmental activists have described as a taking a “wrecking ball ...

Plans to allow oil and gas exploration in the North Sea will be "good for the environment", the UK's climate minister has said. Graham Stuart, MP for Beverley and Holderness, said the move was ...

Equinor EQNR-1.85 % decrease; red down pointing triangle and partners Var Energi VAR-0.75 % decrease; red down pointing triangle and Inpex Idemitsu Norge will invest over $2 billion to develop the ...