On Monday, oil prices declined due to increasing concerns about potential interest rate hikes that could suppress energy demand, despite a preliminary agreement on the U.S. debt ceiling that could
Labour intends to impede the progress of fresh oil and gas ventures in the North Sea.
Labour’s prospective government, led by Sir Keir Starmer, is reportedly set to obstruct any forthcoming oil and gas advancements in the North Sea, as revealed in a recent report.
The most significant monthly decline in US oil and gas rigs since 2020 was witnessed in May, according to Baker Hughes.
Baker Hughes Co, a renowned energy services firm, reported on Friday that the US oil and gas rig count has seen a significant decline this month, marking the largest monthly
Russian army needs a decade to rebuild
More than a year prior, under the guise of common mobs, Russian forces launched a brutal assault on Ukrainian towns and cities, which resulted in a horrifying array of atrocities
Prospex Energy PLC – Final Results for Year ended 31 December 2022 & AGM
Final Results for Year ended 31 December 2022 and Annual General Meeting
UK bypasses Putin as gas prices reach a two-year low
Britain has successfully completed an entire year without importing any Russian gas, striking a significant blow to Vladimir Putin’s energy warfare.
Union Jack Oil PLC – Transaction in Own Shares
Union Jack Oil plc (AIM: UJO), a UK-focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has purchased a total of 100,000 of its ordinary
Hurricane Energy PLC – Transaction Update – NSTA approval
Hurricane Energy plc, the UK based oil and gas company, is pleased to provide an update on the Acquisition by Prax, to be effected by means of a Court-sanctioned scheme of arrangement
UK Household energy bills to fall by £425
Ofgem’s decision to lower its energy price cap will result in a reduction of approximately £425 in annual household energy bills, making gas and electricity more affordable throughout Britain.
1,650 Offshore Contractors to Stage Industrial Action in Response to Job and Wage Concerns
Unite the Union, affirmed that approximately 1,650 contractors are set to partake in two successive 48-hour strikes. The dispute revolves around issues pertaining to employment, remuneration, and workplace conditions in
Shell investors were greeted with a stark message,’Welcome to hell’
Shell shareholders were met with a strong statement, “Welcome to hell,” as climate activists gathered outside the oil giant’s annual general meeting.