Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO, ...

Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

Equinor is halving its investment in renewable energy over the next two years in favour of increasing oil and gas production ...

Norwegian state-backed group Equinor cut its green targets to boost shareholder value. And France's TotalEnergies will invest ...

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against Donald Trump’s burgeoning trade war, Chancellor Rachel Reeves has been told.

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against ...

U.K. Prime Minister Keir Starmer wants controversial oil and gas fields in the North Sea being developed by Shell and Equinor to move forward.

Conservative leader Kemi Badenoch has warned that businesses are “abandoning” the North Sea while a decision is awaited from Prime Minister Sir Keir Starmer about the future of two oil fields.

Sir Keir Starmer is under pressure to approve new North Sea oil licences after a court ruling voided permits for Rosebank and Jackdaw. Kemi ...

Shell has started up a new modern floating, production, storage and offloading facility at the Penguins field in the UK North ...

Kemi Badenoch has accused Sir Keir Starmer of bending "the knee to anyone who asks him" over the Rosebank oil and gas field.

Sir Keir Starmer is expected to back one of Britain’s biggest offshore oil field developments despite fierce opposition from ...