bp drops 2030 oil output reduction target
The energy giant has decided to abandon its target to reduce oil and gas production by 2030,…
Tag: oil and gas production
North Sea oil and gas sector calls for stable tax system
The UK Government has been urged to create a predictable tax system for the North Sea oil and…
UK Government oil and gas revenues drop by £2.9bn
The revenue from oil and gas production dropped by 32% in 2023-24 compared to the previous…
Can the North Sea become a “clean energy super basin”?
NSTA Chief Executive Stuart Payne has highlighted the North Sea's potential to become a…
Energy industry reacts to King’s Speech
Industry leaders have expressed a mix of optimism and caution in response to the King's…
UK energy security could be in reverse gear over next five years
A new report has found that the rise in British renewables will significantly boost the UK’s…
North Sea operators propose £3bn emissions reduction projects
North Sea oil and gas operators have proposed up to £3 billion in projects to cut emissions,…
Oil and gas firms granted access to drill under UK offshore wind farms
The government will permit fossil fuel exploration beneath offshore wind sites, prompting…
Fine issued for gas venting breach
Perenco UK Limited faces a £225,000 penalty from the North Sea Transition Authority for venting…
Eunisell receives Shell award for Bonga FPSO chemical services
Shell has honoured Eunisell for its provision of production chemicals on the Bonga FPSO,…
