Shell plc SHEL recently decided to restart production at the Penguins field in the U.K. North Sea, utilizing a modern floating production, storage and offloading (FPSO) facility. The new FPSO, ...

Equinor is halving its investment in renewable energy over the next two years in favour of increasing oil and gas production ...

Norwegian state-backed group Equinor cut its green targets to boost shareholder value. And France's TotalEnergies will invest ...

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against ...

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against Donald Trump’s burgeoning trade war, Chancellor Rachel Reeves has been told.

Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against ...

U.K. Prime Minister Keir Starmer wants controversial oil and gas fields in the North Sea being developed by Shell and Equinor to move forward.