The Abu Dhabi National Oil Company (Adnoc) plans to invest $13 billion (£10.3bn) in "domestic and international growth opportunities" over the next five years through its gas and LNG arm, Adnoc Gas.
Repurposing of North Sea oil and gas assets for Carbon Capture Utilisation and Storage (CCUS) is starting to happen, and it’s throwing up a tax quandary for the sector’s decommissioning space.
The UK Budget should be assessed in relation to its macroeconomic (aggregate) effects and in relation to its impact on individual elements (i.e. microeconomic effects).
The Health and Safety Executive (HSE) has taken down an immediate prohibition notice served on Eni UK over safety concerns at its Point of Ayr Gas Terminal in Wales.
The potential Ithaca Energy (LON: ITH) combination with Eni’s UK assets stands to bring the firm's reserves above that of Harbour Energy, according to analysis.
Exxon Mobil and Cnooc merged arbitration claims against Chevron’s proposed takeover of Hess that would allow the US oil supermajor to enter Guyana’s Stabroek Block.
The CEO of Harbour Energy (LON: HBR), the UK’s largest oil and gas producer, earned an overall pay package of £2.4m last year, new figures have revealed.
North Sea operator EnQuest (LON:ENQ) posted a loss in its 2023 full year financial results, reflecting the impact of the UK government's windfall tax on oil and gas firms.
The Health and Safety Executive (HSE) has reprimanded Valaris after an 85kg object was dropped on one the company’s rigs that could have resulted in a fatality.