North Sea oil pollution ‘grossly underestimated’, report finds
North Sea oil pollution has been "grossly underestimated" due to an opaque and misleading reporting system and ineffective regulations, a report has found.
North Sea oil pollution has been "grossly underestimated" due to an opaque and misleading reporting system and ineffective regulations, a report has found.
Electrifying upstream oil and gas assets to run on renewables or natural gas that would otherwise be flared could cut associated emissions by more than 80%, according to Rystad Energy.
As we navigate the complex landscape of energy transition, a promising solution is emerging from an often overlooked source: our existing oil and gas infrastructure.
The closure of Scotland’s only oil refinery will create a “significant economic shock”, John Swinney said, as the Scottish and UK governments promised a joint £100 million support package for Grangemouth.
North Sea operator Serica Energy said its UK offshore assets remain "cash generative" despite an "unjustifiably punitive" fiscal regime as it released its half year results today.
The well management company will have 40 staff across two sites.
North Sea operators Harbour Energy and Petrogas are set to drill two exploration wells in the UK Continental Shelf in the coming months.
Swedish floating wind turbine developer SeaTwirl has signed a memorandum of understanding with Serica Energy to explore electrification of offshore assets.
OEUK says next few weeks will be "critical" as Treasury Minister promises ongoing talks on windfall tax changes ahead of October budget.
GMB, one of Labour's biggest financial backers and a group made up of the North Sea's biggest independent producers, have joined forces to warn about the impact government's plans on workers.
Australian firm Hartshead Resources (ASX:HHR) is continuing work on its North Sea developments despite ongoing fiscal uncertainty surrounding the windfall tax.
Independent North Sea operator Viaro Energy will take full ownership of Shell and ExxonMobil assets in the Southern North Sea.
North Sea operator Shell has commenced drilling operations at the Selene prospect, Deltic Energy (AIM:DELT) announced today.
North Sea observers decry "utter economic insanity" as UK government confirms windfall tax increase and extension to March 2030.
Centrica (LON:CNA) profits fell substantially in its half-year results in what the British Gas owner says is a return to a "more normalised environment".
The UK’s newly elected Labour government has laid out its plans to boost clean energy, but questions remain about the future of North Sea oil and gas.
Oil and gas operators will risk facing fines if they continue to miss well decommissioning deadlines, the North Sea Transition Authority (NSTA) has warned.
As a CEO in the offshore wind industry, I’ve welcomed the ambition from our new Labour government on green energy.
ECIU analysis argues for heat pumps and EVs backed by UK renewables over new North Sea licences.
Supermajor BP (LON:BP) contributed £17.1bn to the UK economy in 2023 according to a new report by Oxford Economics.
After a turbulent journey from China and more than a year in Norway, Shell's Penguins FPSO has now reached its position at its namesake field east of Shetland.
The Supreme Court's decision in the Finch case could have implications for North Sea oil and gas firms including Shell and Equinor.
The Northern Producer has become a well-known sight on the North Coast 500 route.
A senior executive at Shell's aircraft division has suggested the H225 Super Puma helicopter could return to the operator's list of approved aircraft later this year.
A former boss of BP has called for an end to new oil and gas licences in the North Sea in an apparent endorsement of Labour's election promise.