With any energy transition, there is a need to bring about wholescale change, from the up, to the mid and the downstream.
At the start of the new tax year, we explore the financial landscape of the energy sector.
Exploration and production firm EnQuest managed to reduce its debt pile to its lowest level since 2014 and narrow its losses in 2020 despite the oil price slump.
EnQuest has struck a deal to buy Canadian firm Suncor's 26.69% stake in the Golden Eagle area of the UK North Sea for £240 million.
Canada’s Suncor Energy Inc. is exploring the sale of a handful of oil and gas fields in the North Sea, according to people with knowledge of the matter.
Siccar Point Energy Ltd., the North Sea oil producer backed by Blackstone Group Inc., has received final bids from suitors including Chrysaor Holdings Ltd. and Equinor ASA, people with knowledge of the matter said.
Suncor chief executive Steve Williams will retire at the Canadian energy firm's annual general meeting in May.
Enbridge Inc.’s decision to implement and then scrap new rules governing Canada’s biggest export pipeline system sent crude prices on a record roller coaster move this week, earning the pipeline operator both friends and enemies.
Faroe Petroleum said today that it had completed the sale of its 17.5% working interest in the Fenja field in the Norwegian Sea.
Faroe Petroleum has boosted its balance sheet after selling part of a Norwegian Sea field.
French energy giant Total announced today that first oil had sprung from the Fort Hills oil sands project in Canada.
Canadian energy firm Suncor said today that its third quarter profits had gone up thanks to record production from its oil sands.
A contractor has died after being buried on site at a Suncor oilsands mine near Fort McMurray in Edmonton.
More than 120 birds were killed at an oil sands mine operated by Suncor in Canada, the Alberta Energy Regulator (AER) said.
Chinese-owned Nexen has been unveiled the biggest tax spender in the UK North Sea during the first year of the oil and gas industry slump.
Suncor Energy will get a $657million payout after a Canadian tax court ruled in its favor.
Statoil has topped a league table that ranked oil companies based on how well prepared they are for a transition to a low-carbon economy.
OMV’s North Sea sell-off to Suncor has re-balanced the company’s portfolio, according to its executive director.
Suncor Energy UK has snapped up a 30% stake in North Sea’s Rosebank project from OMV UK.
Suncor Energy Inc. posted a loss in the second quarter after wildfires curtailed output from its oil-sands operations in northern Alberta, eclipsing a recovery of crude prices.
Suncor Energy Inc. plans to hold total greenhouse gas emissions at current levels through 2030 even as it boosts crude production by targeting a reduction in carbon output per barrel.
Suncor Energy Inc. restarted oil-sands operations in the Regional Municipality of Wood Buffalo, an area in Canada that includes wildfire-ravaged Fort McMurray. It’s a move that enables thousands to return to work.
All of the Canadian oil-sands facilities that workers fled last week as a wildfire spread are being allowed to prepare for restart as cool, humid weather has helped contain the inferno.
Alberta officials are counting on cool, humid weather in the coming days to help them better contain a raging wildfire in the heart of Canada’s energy industry and allow them to lift evacuation orders affecting some of the biggest production sites.
Oil headed for a second weekly advance as U.S. crude production continued to decline and wildfires in Canada expanded.