Shell announced that it has restarted production at the Penguins field in the UK North Sea with a modern FPSO facility.

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, ...

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.

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 ...

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

Sir Keir Starmer is expected to back one of Britain’s biggest offshore oil field developments despite fierce opposition from Ed Miliband, his Energy Secretary ...

Conservative leader Kemi Badenoch has warned that businesses are “abandoning” the North Sea while a decision is awaited from Prime Minister Sir Keir Starmer about the future of two oil fields.

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 ...

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