Shares of Ithaca Energy jumped nearly 8% in morning trade after the North Sea-focused company reported higher 2024 oil and ...

The North Sea-focused business produced 80,200 barrels of oil equivalent per day (boepd) in 2024, having forecast between ...

Such concerns have come to the fore of late after Francesco Mazzagatti, an Italian oil trader who is currently purchasing 11 ...

SHEL is all set to restart production at the Penguins field, reducing emissions and securing domestic energy for the U.K.

Penguins redevelopment is part of Shell’s strategy to boost its UK North Sea output to more than 500,000 barrels of oil equivalent per day between 2023 and 2025 ...

Aberdeen is a microcosm of the debate playing out around the country: A city stuck between oil and renewables, the centre of ...

The company, which holds major stakes in North Sea assets such as Kraken, Magnus, and Golden Eagle, said production averaged 40.7 Kboed (thousand barrels of oil equivalent per day) in 2024. And it ...

APA Corporation's diverse portfolio includes U.S., Egypt, and North Sea assets, with a significant focus on crude oil ...

will make Mr Mazzagatti a significant player in the North Sea. After the deal was announced last year, Viaro – which ...

Shares in Ithaca Energy gushed by 13% after the North Sea-focused company revealed its annual oil output hit the top end of ...

In a landmark decision, the Court of Session in Edinburgh has revoked the UK government’s approval of Shell’s Jackdaw gas field and Equinor’s Rosebank oil field in the North Sea. The court ruled that ...

Shell has resumed production at the Penguins field in the UK North Sea using a state-of-the-art floating production, storage and offloading (FPSO) facility. The project is a 50:50 joint venture (JV) ...