Eight former UK energy ministers have called for the government to curb restrictions and taxes on the North Sea oil and gas industry, arguing that current policy is worsening energy security while ...
The Kenya Times on MSN
UK-based oil company pockets Ksh 4.6 billion after exiting Kenya
UK-based oil and gas company Tullow Oil has received Ksh 4.6 billion as part of the second instalment from the sale of its Kenya assets to Auron Energy E&P Limited. The payment follows the National ...
UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts. The North Sea Transition Authority (NSTA) expects UK crude oil production ...
The Labour government under Keir Starmer has upheld its promise to halt new oil and gas exploration but is now allowing tiebacks—connecting new reserves to existing fields. The government has decided ...
The UK Treasury is considering scrapping a windfall tax on North Sea oil and gas following persistent pushback from producers, according to a person familiar with the matter.
Feb 23 (Reuters) - North Sea-focussed oil producer EnQuest forecast lower annual production on Monday after storm damage to a third‑party platform led to a five-week outage at its Magnus field. Severe ...
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