Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, ...

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, ...

Penguins redevelopment is part of Shell’s strategy to boost its UK North Sea output to more than 500,000 barrels of oil ...

A North Sea oil field discovered 50 years ago has become Shell's first newly-operated facility in the region for more than ...

Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO, boosting domestic oil and gas ...

The ban on drilling is in place after a judge decided the previous Conservative government acted "unlawfully" when it gave ...

A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...

The new FPSO is expected to extend the life of the UK field by up to 20 years while reducing operational emissions by about ...

The Aberdeen & Grampian Chamber of Commerce is calling for tax cuts for North Sea oil and gas producers to protect the UK ...

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.

Britain’s two biggest offshore oil and gas developments have been blocked from producing any fossil fuels after a judge ...

Sir Keir Starmer is expected to back one of Britain’s biggest offshore oil field developments despite fierce opposition from ...