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 ...

A well drilled just 6 kilometers off the coast of Świnoujście in the Baltic Sea revealed reserves of 22 million tons of crude ...

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 ...

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’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 ...

In 2014, Norway saw 57 new oil and gas exploration wells and in 2016, this count fell to 27, Rystad pointed out. Activity increased in 2018 and 2019, before falling again in 2020 due to Covid-19 ...

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 ...

Equinor EQNR0.62%increase; green up pointing triangle 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 ...

Equinor EQNR 0.86 % increase; green up pointing triangle and partners Var Energi VAR 1.07 % increase; green up pointing triangle and Inpex Idemitsu Norge will invest over $2 billion to develop the ...