Europe1 month agoPolitical turmoil offers UK chance to correct North Sea courseABERDEEN, Scotland, June 24 – The latest bout of political turmoil in Britain comes as energy security has moved front…
Europe2 months agoBP says it paid £1.2bn in UK taxes last year amid Government plans to raise moreThe energy firm said the total amount of taxes paid in 2025 include £422 million raised from the energy profits…
Europe2 months agoAll staff redundant as UK engineering firm in administrationAll staff have been made redundant after a manufacturing company ceased trading. The UK company was placed into administration by…
Europe2 months agoEconomic zone call for untapped area of North Sea as Rosebank work beginsA key vessel has arrived at Rosebank as developers carry out work at the controversial development. An untapped area of…
Europe2 months agoEquinor gets go-ahead for P&A of North Sea Tordis wellThe operation, to be performed by the COSL Promoter, should strengthen the well’s barrier condition. Equinor has permission from the…
Europe3 months agoRachel Reeves’ oil and gas windfall tax is blocking £17.5bn investment in North Sea, firms warnRachel Reeves has been accused of blocking £17.5billion of investment in North Sea oil and gas after shelving proposals to…
Europe5 months agoOil Producers Negotiate Ending Windfall Tax with UK GovernmentThe UK Treasury is considering scrapping a windfall tax on North Sea oil and gas following persistent pushback from producers,…
Regional2 years agoGryphon FPSO shutdown accelerates North Sea oil and gas declineListen to the podcast! *This podcast may contain errors or misrepresentation of information, please make sure to verify any data…