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 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.
As the UK continues to wait for its next exploration well there are three active in Norway, Westwood reports.
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.
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.
Acteon Group maintains a significant presence in Aberdeen across several firms.
Offshore Energies UK (OEUK) has voiced its support for the goals of the North Sea Transition Authority’s (NSTA’s) recently released OGA Plan.
Chairman answers questions on windfall tax, sticking with the UK, and Ithaca’s Aberdeen operation post-Eni deal.
The planned entry of Italian oil major Eni “de-risks” the Cambo oilfield in the West of Shetland, owner Ithaca Energy has said.
RWE has completed its £963 million purchase of the 4.2GW Norfolk Offshore Wind Zone from Vattenfall.
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.
The two party leaders agreed to go head-to-head, along with Labour, in a region the SNP and Tories are desperate to hold at the general election
Odfjell Technology has announced its move to Aberdeen’s Prime Four business park as it sets up shop next to sister company Odfjell Drilling.
Ithaca Energy said the impairments against the Greater Stella Area came as a "direct result" of the windfall tax.
Ithaca Energy (LON:ITH) has announced a deal for a potential merger with Italian oil and gas firm Eni covering the majority of its UK upstream assets.
The Chief Executive of Centrica Plc (LON:CNA) got a bumper pay raise last year while millions of households across the country struggled with energy debt.
Getting to net zero, producing oil and gas from the North Sea as we transition, and ensuring economic benefits for the UK don’t make an obvious trinity, and we are well aware of tensions.
The North Sea Transition Authority (NSTA) has pushed ahead with plans to require developers to electrify their oil and gas assets, with operators voicing concern it could drive away investment.
Stunning pictures of the Northern Lights have been captured from a North Sea oil rig by a lucky roughneck off the coast of Aberdeen.
"We might not even see any further approvals this year" amid regulator pressure and tax uncertainties.
Wood Group (LON:WG) chief executive officer Ken Gilmartin hosed down media reports of potential job cuts as the firm seeks to continue its growth strategy.