The US will double its gas exports to the UK. This announcement comes as the US faces the first major test in terms of energy resilience following the conflict in
North Sea oil producers want a price floor to limit UK windfall taxes
Executives and industry sources suggest that the British government should establish a price ceiling to reduce the impact of its windfall tax on North Sea oil and gas producers. Some
A six-year-high for British natural gas export to Europe
The six-year-old high in British natural gas exports to Europe is a result of Brussels’ efforts to reduce its dependence on Russian energy sources.
In response to Sunak’s windfall tax, Total draws investment from the North Sea
TotalEnergies, a French oil giant, has been the first major North Sea operator that has cut investment directly as a result of Rishi’s windfall tax.
A British-Russian son of an oligarch with close links to Vladimir Putin was arrested in Norway
Andrei Yakunin is the son of Vladimir Yakunin the Russian Railways boss. He is the seventh Russian to have been arrested for illegal flight or unauthorised photography.
Norwegian police said they’ve resolved an incident at the Nyhamna gas processing plant in Norway
On Thursday, the Norwegian police responded to a telephone threat against Nyhamna’s gas processing plant. This is one of Europe’s largest energy export facilities.
Gas supplies to the UK from Norway could be cut off completely this weekend if an ongoing strike escalates.
The Norwegian Oil and Gas Association (NOG), Tuesday said that a planned escalation in the ongoing strike of Norwegian offshore oil and natural gas workers could reduce 56% of Norway’s
A potential Norway oil and gas strike could hit output, companies say
Norway’s oil output could be affected by a strike at nine offshore fields, according to the Norwegian Oil and Gas Association (NOG), which was announced Friday.
Share Talk Weekly Energy Sector News Round-Up, 12th February 2022
Oil and gas rig counts, which are early indicators of future output, increased 22 in the week ending February 11, making it the largest increase since February 2018.
Equinor shareholders will receive a $10 billion payout
Norway’s Equinor will pay $10 billion to shareholders in this year’s fiscal after reporting record fourth-quarter pretax profits. It joins European competitors in cashing into a boom in oil and
Share Talk Weekly Energy Sector News – 4th September 2021
Highlights from the small-cap Oil & Gas sector this week
Hurricane Ida closes 96 percent of the Gulf oil production
Over the weekend, US offshore oil producers stopped almost all oil production from the Gulf of Mexico as Hurricane Ida struck south of New Orleans.