British Prime Minister Rishi Sunak will this week announce a mandate for annual auctions of new licenses for oil and gas exploration in the North Sea. It’s the latest in a series of rollbacks on net ...

Jan 18 (Reuters) - British union Unite on Thursday confirmed that around 100 offshore drillers employed by Odfjell Technology (UK) Ltd working on Equinor’s Mariner platform are set to stage a series ...

The offshore drilling giant Noble Corporation has been awarded a one-year contract in the UK worth a minimum of US$50 million for an ultra-harsh environment jack-up. Noble said its client is BP, and ...

Upstream reported in February that the company had decided to withdraw investment from the UK North Sea due to recent tax changes in the UK. And on Friday it was reported that the company had made ...

Apache Corporation is halting drilling in the UK North Sea, cutting jobs in Britain, after the latest change to the UK Energy Profits Levy, commonly referred to as the windfall tax. The U.S.-based ...

Thailand's Queen Mother Sirikit, who brought glamour and elegance to a postwar revival in the country's monarchy and who, in later years, would occasionally wade into politics, has died aged 93, the ...

The Tory government will allow oil and gas companies to explore offshore areas slated to house wind power installations, the Guardian has reported, citing an announcement to be made later today. The ...