The Aberdeen & Grampian Chamber of Commerce is urging the UK government to cut taxes for North Sea oil and gas producers to protect the UK from the impact of a potential global trade war.

Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading (FPSO) facility.

Equinor, Norway’s state-controlled oil company, is the lead developer on Rosebank in the North Sea, which is expected to generate nearly £7bn of investment and hundreds of millions of pounds in ...

Sir Keir Starmer has signalled plans to approve a major oil development in the North Sea despite opposition within his Cabinet. The Prime Minister on Thursday suggested he would not stand in the ...

Thailand, the host of SEA Games 33, has revealed the event's official logo and mascots nearly a year before the competition begins. The Sans, a collection of five different mascots for SEA Games 33 in ...

Simply sign up to the Oil & Gas industry myFT Digest -- delivered directly to your inbox. Sir Keir Starmer and Rachel Reeves want two new controversial oil and gasfields in the North Sea to go ...

2-Year U.S. Treasury Note Continuous Contract $102.711-0.012-0.01% 5-Year U.S. Treasury Note Continuous Contract $106.445-0.016-0.01% 10-Year U.S. Treasury Note Continuous Contract $109.234 0.000 ...

2-Year U.S. Treasury Note Continuous Contract $102.691-0.172-0.17% 5-Year U.S. Treasury Note Continuous Contract $106.391-0.344-0.32% 10-Year U.S. Treasury Note Continuous Contract $109.156-0.422 ...

This phased plan minimizes CAPEX to first oil while providing flexibility for basin expansion and acceleration of production from fields beyond Sea Lion. An updated FDP has been submitted to the ...

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

The company wants to 'make humans aquatic'. A company called DEEP has published plans to create a base underwater that could support human life and work for extended periods. The base is expected ...