North Sea Oil and Gas Producers Say UK Windfall Tax is a ‘Wrecking Ball’
LONDON, Aug 1 (Reuters) – Britain’s decision to increase a windfall tax on oil and gas producers to help pay for its push to grow
LONDON, Aug 1 (Reuters) – Britain’s decision to increase a windfall tax on oil and gas producers to help pay for its push to grow
LONDON, July 5 (Reuters) – North Sea oil and gas producers urged Britain’s incoming Prime Minister Keir Starmer to provide clarity on his
LONDON, Nov 5 (Reuters) – The British government plans to legislate to mandate annual North Sea oil and gas licensing rounds, in a
(Bloomberg) — Scotland’s public spending deficit narrowed after revenue from North Sea oil more than tripled to a record. The shortfall dropped to
LONDON, July 25 (Reuters) – Britain’s decision to authorise new licences for oil and gas exploration in the North Sea came under scrutiny
By Dmitry Zhdannikov and Ron Bousso LONDON, Dec 6 (Reuters) – North Sea producers BP, Equinor and Ithaca Energy on Tuesday signed an agreement to
By Laura Hurst (Bloomberg) –Six months ago, UK North Sea oil and gas faced the bleakest outlook in its 50-year history. The government was focused
By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading
By Nerijus Adomaitis OSLO, April 10 (Reuters) – The operator of the Mariner heavy oil field, one of Britain’s largest offshore developments in
By Kelly Gilblom (Bloomberg) — Royal Dutch Shell Plc made one of its biggest commitments to the North Sea in 30 years, with plans to redevelop the
LONDON, Dec 27 (Reuters) – Britain’s biggest and most important oil pipeline, Forties, was ramping up throughput after repairs and was currently
By Mikael Holter (Bloomberg) — Oil explorers are neglecting their old hunting grounds in the North Sea, threatening to deepen an expected slump in
By Rakteem Katakey (Bloomberg) — Europe’s biggest energy companies have a message for the aging U.K. North Sea oil industry: We may be selling assets,
By Abigail Morris (Bloomberg) — The U.K. North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging
By Erik Matzen COPENHAGEN, March 7 (Reuters) – Oil and shipping conglomerate A.P Moller-Maersk could land a deal with the Danish government on oil and
By Laura Hurst and Brian Wingfield (Bloomberg) — A glut of North Sea oil that’s helped depress global prices and heap pressure on OPEC is poised
By Ron Bousso LONDON, Sept 14 (Reuters) – Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea
The International Transport Workers Federation is slamming offshore oil companies operating in North Sea after a report claimed that many are using
By Ilze Filks and Gwladys Fouche OSLO, July 27 (Reuters) – Bored with palm-fringed beaches and turquoise seas? Then the gigantic oil platforms of the
By Angelina Rascouet (Bloomberg) — The cost of dismantling oil production facilities in the U.K. North Sea over the next decade will be higher than
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