The UK Government will allow extraction of oil and gas near existing fields as it looks to expand North Sea production without issuing new licences. At such a critical moment in US history, we need ...

Labour is raising taxes and environmental standards on North Sea oil and gas while refusing to issue new licences, but insists hydrocarbons will remain part of the UK’s energy mix. Wood Mackenzie ...

President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers. By Jenny Gross Reporting from London During President Trump’s four-day visit to Scotland, ...

When the project begins commercial operations next year, Greensand is expected to become the European Union’s first fully-operational offshore CO2 storage site.

French supermajor TotalEnergies has merged its upstream UK business with NEO NEXT to create NEO NEXT+, the largest ...

US President Donald Trump urged Keir Starmer to extract more oil from the North Sea and criticized UK taxes on fossil fuels in his latest attack on the prime minister’s policies during a five-day ...

Ed Miliband’s fantasies of climate justice and clean energy are slowly being exposed. The secretary of state for energy security and net zero’s green delusion is going to be abandoned. If an economy ...

(Bloomberg) -- US President Donald Trump criticized the UK’s approach to taxing North Sea oil and gas, saying it discouraged drilling and raised energy prices. Britain should stop using “costly and ...

Mark Ireland has previously received funding from companies with fossil fuel interests. “We are going to get all our oil and gas out of the North Sea”, Conservative Party leader Kemi Badenoch said ...

The industry body for the North Sea has called for the Chancellor to reform a controversial tax policy in her autumn Budget. The North Sea oil and gas sector could disappear “within years, not decades ...

Britain’s Shell and Norway’s Equinor have completed the deal to combine their offshore oil and gas operations in UK waters to form a new operator — Adura. The joint venture, which was formally ...