News

The North Sea Transition Taskforce, backed by the British Chambers of Commerce, is urgently calling for the UK government to ...
Gunvor Group, one of the world’s biggest independent oil traders, piled into the North Sea crude market during a wider rout in futures markets. The North Sea crude market, home to the world’s ...
New rules must cover all oil and gas fields which have licences but where drilling has not started yet, including Rosebank and Cambo. We can use the consultation process to end all new oil and gas ...
TURNING the North Sea transition into a “renewables powerhouse” must be a “national mission” for both UK and Scottish ...
Labour's Net Zero drive is leaving the UK at greater risk of power blackouts because it is 'squeezing the life' out of the North Sea oil and gas industry, Sir Jim Ratcliffe has warned. The ...
The AIM-listed group now expects to deliver between 33,000 and 37,000 barrels of oil equivalent [boepd] per day this year, ...
A record volume of swaps that traders use to hedge benchmark physical oil prices changed hands on Friday as prices jumped, prompting market participants to suggest that one or more traders had ...
The Tyra redevelopment in the Danish North Sea is expecting better news this week having lurched from one problem to the next ...
He departed in September 2023 as the surge in oil and gas prices fuelled by Russia’s war on Ukraine underlined the appeal of the core business, which includes significant North Sea positions.
Anas Sarwar, leader of Scottish Labour, has supported domestic oil and gas as a driver of growth and energy security. He said existing fields in the North Sea could yield “hundreds of billions ...
The North Sea crude market, home to the world's most important physical oil-price benchmark Dated Brent, often sees individual traders taking relatively large positions. Image by Igors Aleksejevs ...