Extracting the 5.7 billion barrels of oil and gas in fields already operating would see the UK miss its climate change goals, a new report warns.
Taqa’s North Sea operation remained “robust” in the first quarter of the year, despite the wider oil firm experiencing a heavy dip in profits.
Equinor plans to breathe new life into a decommissioned gas field straddling the border between the UK and Norwegian sectors of the North Sea.
Houston's Marathon Oil reported a $174 million net profit for the first quarter that fell about 50 percent from the first three months of 2018.
Warmer weather, slower UK wind speeds and a court case saw a drop in pre-tax profits for Danish wind developer Orsted.
A former vice president of Marathon Oil has joined the board of Scottish firm Cairn Energy.
The head of a Norwegian inspection, maintenance and repair group believes that the traditionally separate markets on either side of the North Sea are gradually merging.
ConocoPhillips more than doubled its first-quarter profits from a year ago with more than $1.8 billion in net income.
The UK's greenhouse gas emissions fell 3% in 2018 as pollution from the energy sector continued to fall, provisional Government figures show.
Citizens Advice has called for tighter licensing rules for new energy companies after finding an increasing number are delivering poor customer service.
Premier Oil’s chief executive said yesterday the firm was “running hot” as it posted its first set of profitable results since 2013.
Japanese conglomerate Hitachi Ltd. will halt work on a nuclear power project in the U.K. and take a one-time charge as negotiations with the British government over funding stalled, the Nikkei reported. Shares in Tokyo rallied the most in more than two years.
Away from Britain’s struggles with the European Union over Brexit, there’s another conflict with the bloc that threatens the nation’s electricity supply.
Upstream oil sector investor Reabold Resources has completed its £3 million acquisition of 37% of Rathlin Energy UK.
German utility RWE AG expects that one way or another natural gas and electricity will continue to flow across the English channel even if Britain crashes out of the club with no deal in March.
The UK's support for oil and gas "exploitation" in the Arctic goes against Government climate change pledges, a new report has said.
Britain will continue to expand trade relations with Iran despite Donald Trump's decision to re-impose sanctions on the state, Downing Street has said.
The Government will "certainly" stand up to US President Donald Trump over his administration's sanctions on Iran, the minister of state for the Middle East has said.
The European Union is encouraging enterprises to increase their business with Iran, as that country has been compliant with its nuclear-related commitments.
The UK and EU partners will move to block Donald Trump's sanctions on Iran in order to preserve peace, they have announced.
Iran has signed an agreement with a British consortium to develop an oil field in the country's south, according to state TV.
The UK has climbed to the seventh most attractive country in the world for renewables, according to a new report.
The start of spring has heralded the return of liquefied natural gas to the UK.
Natural gas markets have responded to a plea for fresh supplies in the U.K. after a blast of Arctic air lifted demand for heating and electricity.
U.K.’s biggest utilities may look like real bargains compared with their European peers. So why aren’t investors piling in?