The war in Ukraine has caused many businesses to rapidly reassess projects in Russia, involving Russian nationals with ties to the Kremlin or the importation of Russian goods. This may stem from an ethical or reputational perspective, or to ensure compliance with sanctions.
If anyone needed any evidence that decommissioning is accelerating they need only look at the BEIS table of approved decommissioning programmes.
The chairman of the Oil and Gas Authority (OGA) has levelled an accusation at Russia over its role in the gas price crisis.
Well-Safe Solutions has landed a “groundbreaking” decommissioning campaign contract with Repsol Sinopec in the UK North Sea.
The chief executive of the OGA has said he is frustrated by companies “mucking around in commercial disputes” while a climate emergency is ongoing.
There are “hard truths” facing the future of the North Sea and the global oil and gas industry on the way to net zero, a key industry event has heard.
Would you have guessed that the OGA has already been with us for six years? The extensive powers it was given in the Energy Act 2016 have been in force for nearly five years: those include the ability to impose sanctions on companies for breaching a licence or their obligations under that act, or for failing to comply with the OGA Strategy.
A Greenpeace challenge to the UK Government over a decision to allow BP to drill for oil in the North Sea is "largely procedural and opportunistic", a court has heard.
Environmental campaigners were "substantially prejudiced" by the UK Government's failure to follow procedures for publicising an oil company's application for drilling consent, a court has heard.
A massive revamped OGA data platform is being launched to “unlock” new opportunities in CCS, hydrogen and “environmentally sustainable” oil and gas projects in the North Sea.
The Oil and Gas Authority (OGA) has launched its third sanctions investigation on North Sea companies of this year.
A group of climate campaigners have received approval to take the UK Government to the High Court over its North Sea oil plans.
Energy giant BP has been fined £50,000 by the Oil and Gas Authority (OGA) over a North Sea licence breach.
Following the news that Fairfield Decom will cease trading, Graeme Fergusson, managing director, shares his thoughts on the sector and the immediate risks that it faces.
Regulators are considering a “ScotWind”-type leasing round in the North Sea for wind projects to power oil and gas platforms.
Denmark’s Ørsted, Japan Wind Development (JWD) and Japan’s Eurus Energy have formed a partnership with the aim of jointly developing offshore wind projects in the Akita Prefecture region in Japan.
Oil and gas firms Neptune Energy and Spirit Energy have patched up their differences over the Pegasus West discovery in the southern North Sea.
Jersey Oil and Gas (JOG) has taken further steps to underline its ESG credentials with a new “carbon policy”.
London-listed Premier Oil’s reverse takeover by Chrysaor is on track to complete on March 31.
Regulators have given oil and gas firm Tailwind Energy the green light to press ahead with its Evelyn project in the UK North Sea.
US oilfield equipment and service firm Weatherford dealt another painful blow to the Aberdeen oil industry yesterday by confirming plans to shut down its manufacturing facilities in the city.
The Oil and Gas Authority (OGA) has set an example for industry by cutting its own carbon emissions by 13% - but still clocked up almost 850,000 miles in business travel in 2019-20.
Independent Oil and Gas (IOG) said two discoveries it picked up in the 32nd licensing round show “good synergies” with its core portfolio in the southern North Sea.
Exploration and production firm CNOOC has turned to an online resource managed by the UK oil sector’s regulator for help unlocking a North Sea project which is at risk of being left “stranded”.
An in-depth feasibility study to identify the value of creating an energy hub on the Norfolk coast has been launched.