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 ...

Indonesia to Offer More Energy Blocks in North Sumatra Indonesia is looking to offer more oil and gas blocks in North Sumatra basin this year following a major discovery by Mubadala Energy in a ...

Equinor EQNR 0.62% made a new oil and gas discovery in the North Sea, with recoverable resources estimated at between 2 million and 13 million barrels of oil equivalent. The Norwegian energy major ...

The UK’s plan to issue new oil and gas licences will make a minimal impact on North Sea production levels – but it will dent the country's reputation as a climate leader ...

Michael Shanks said bolstering North Sea production would make ‘no material differencpe’ to imports For ads that aren’t ...

North Sea oil and gas operators are not just facing the prospect of higher windfall taxes, they are now also finding it more difficult to get loans from UK banks.

The North Sea's declining production is expected to reduce oil and gas investment to 19% of total energy transition project investment in the UK.

The North Sea Transition Authority (NSTA), the oil and gas industry regulator, awarded on Monday 27 new licenses in the first batch of the latest licensing rounds, awarding areas with the ...

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 North Sea oil and gas industry is blooming. That’s according to a recent news release from Rystad Energy, which noted that Norway and the UK have overcome recent challenges and are on course ...

Licences are being made available for sectors of the North Sea - known as blocks - with the government-owned North Sea Transition Authority (NSTA) estimating more than 100 may be granted.

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 ...