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.
A Banchory-based firm has developed technology which it says could “revolutionise” the way offshore vessels are fuelled.
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.