UK energy production reaches lowest level on record
Domestic energy production in the UK has reached the lowest level since records began in 1948.
Domestic energy production in the UK has reached the lowest level since records began in 1948.
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.
Boss says EnQuest will "prove up" heavy oil capabilities on Bressay before targeting Bentley.
Skerryvore, the UK "well to watch" for 2024, has been pushed into next year by North Sea operator Parkmead (AIM: PMG).
Energy services giant Petrofac (LON:PFC) has secured a contract extension in the Southern North Sea with ONEgas West.
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.