In the early 2000s, the North Sea oil and gas industry, centered around Aberdeen, reached its pinnacle, producing over 2.7 million barrels of oil each day, which accounted for 3.6%
In a deal to end UK dependence on Russia, the US doubles its gas exports
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
Share Talk Weekly Energy Sector News Round-Up, Sunday 12th June 2022
The week started with Longboat Energy PLC (LON: LBE) and Clontarf Energy PLC (AIM: CLON) well’s dry with no commercial hydrocarbons were intersected, plugged and abandoned.
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.
Norway’s oil and gas workers are at risk of striking, with some crude output at stake
At least 647 Norwegian oil workers will strike starting June 12, if state-brokered wage mediation is unsuccessful, labour unions announced Friday. This could lead to some crude output being shut