Shell has initiated a £1.7 million legal action against Greenpeace following an incident where activists occupied a Shell vessel in the North Sea.
Shell has initiated a £1.7 million legal action against Greenpeace following an incident where activists occupied a Shell vessel in the North Sea.
The United Kingdom is on a trajectory towards increasing dependence on imported oil and gas as production in the North Sea declines at a rate outpacing the decrease in demand
Following supply reductions by Saudi Arabia and Russia, oil is poised to achieve its highest monthly gain since the start of 2022 as prices surge.
The UK Chancellor, Rishi Sunak, has granted approval for numerous new oil and gas licenses in the North Sea, cementing the crucial role of oil and gas in the UK’s
“Anticipated layoffs as major operator points to ‘difficult macro environment’ for the energy sector.
Shell pulled out of a major North Sea oil project that was supposed to help secure UK energy supplies. This was in addition to lacklustre political support from Westminster and