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

THE Piper Alpha blaze remains to this day the world’s deadliest offshore disaster. The North Sea oil platform was engulfed by a fireball 120 miles off the coast of Aberdeen 37 years ago. The ...

Concessions attracted multiple bids Latest round involves 12 areas 26,000sq km on and offshore Egypt intends to award new gas contracts to foreign companies in August as part of the latest ...

The Ambalat Block spans 15,000 sq km in the Sulawesi Sea, just off Sabah’s coast. It is rich in oil and gas - estimated to hold between 62 million and 764 million barrels of oil, and 348 million to 40 ...

Equinor and its partners made a final investment decision to spend more than 21B Norwegian crowns (~$2.1B) to develop the Fram Sor oil and gas project in the Norwegian North Sea.

Equinor EQNR -1.85% and partners Var Energi VAR -0.75% and Inpex Idemitsu Norge will invest over $2 billion to develop the North Sea Fram Sor project. Fram Sor consists of four oil and gas fields ...

Please try again later. Up to 7.5 billion barrels of oil and gas could still be produced from the North Sea, 3.2 billion more than current government estimates, a new report says.

New environmental guidance published for halted North Sea oil and gas projects Emissions created when fossil fuels are burned will now be taken into account in the wake of a Supreme Court ruling.

The UK government has published guidance on how it will consider fresh applications for oil and gas projects. Operators will now have to draw up new environmental impact assessments that take ...

Read our privacy notice. Major North Sea oil and gas projects halted by a Supreme Court ruling will be able to reapply for consent after the Government published new environmental guidance.

North Sea oil and gas is going to stage a comeback. Political and economic reality mean it is inevitable. Otherwise, the national finances, and with them the Labour government, evaporate.

Opening any new North Sea oil and gas fields is incompatible with achieving the Paris Climate Agreement goals of limiting warming to 1.5°C or holding warming to "well below 2°C" relative to ...