The number of upstream deals completed in North-West Europe in 2013 was also down on the previous year, although the UK outperformed Norway in this respect, the report from business advisory ...

The Scottish government and environmental organizations have voiced opposition to plans for dishing out more than 100 North Sea oil and gas drilling licenses reportedly put forward by Liz Truss, the ...

Apache Corporation is halting drilling in the UK North Sea, cutting jobs in Britain, after the latest change to the UK Energy Profits Levy, commonly referred to as the windfall tax. The U.S.-based ...

Shell UK Ltd. has let a contract for the Stena Don mobile offshore drilling unit to Stena drilling for work in the UKCS. Shell UK Ltd. has let a contract for the Stena Don mobile offshore drilling ...

British Prime Minister Rishi Sunak will this week announce a mandate for annual auctions of new licenses for oil and gas exploration in the North Sea. It’s the latest in a series of rollbacks on net ...