North Sea Oil News

North Sea oil premiums have surged to record highs following Saudi Arabia's decision to cut sales, forcing European refiners to seek alternative supplies and dr

The North Sea oil and gas industry is urging the Labour Party to scrap the windfall tax on fossil fuel firms three years early, by 2027 instead of 2030. This ca

Britain is nearing a decision on whether to expand fossil fuel production in its aging North Sea oil fields, a move that could conflict with its climate objecti

Empty North Sea oil fields could potentially store enough green hydrogen to power the country for seven years, creating skilled jobs in communities affected by

Over 100,000 North Sea oil and gas jobs are projected to disappear by 2050, following Labour's manifesto pledge to ban new licences and continue with a windfall

North Sea oil, discovered in 1969, became a significant driver of the British economy and a symbol of national power. Despite dwindling reserves, it remains a p

Green energy tycoon Dale Vince has reversed his stance, now supporting the approval of the Rosebank and Jackdaw oil and gas fields, stating it could save the co

Andy Burnham is facing opposition regarding North Sea oil and gas, while Kemi Badenoch urges the Prime Minister to approve drilling from two major fields in Sco

Andy Burnham's stance on North Sea oil and gas drilling, particularly regarding the Rosebank decision, is under scrutiny, as he has previously stated he would b

Andy Burnham is poised to make a critical decision on North Sea oil, as a public consultation on the Rosebank oil field closes today.

Donald Trump has urged 'Bankrupt Britain' to exploit North Sea oil resources, stating he was impressed with the Prime Minister's openness to future drilling.

BP has announced its withdrawal from North Sea oil production after six decades, citing impacts from Labour's windfall taxes and the Net Zero drive. Ministers w

BP has initiated the sale of its North Sea oil and gas business, marking an end to six decades of production in the region as its new CEO aims to simplify the c

BP has announced its decision to put its North Sea oil and gas operations up for sale.

Andy Burnham stated he informed Donald Trump that North Sea oil resources cannot be ignored, a comment made during a phone call between the leaders. The Prime M

Burnham stated that he informed Trump that the UK would adopt a 'pragmatic approach' regarding North Sea oil.

Andy Burnham reportedly told Donald Trump that the UK would be "pragmatic" regarding North Sea oil and gas, despite Labour's manifesto commitments. This stateme

Donald Trump claims Andy Burnham told him he would open up North Sea oil, a move the former US president believes would make the UK a wealthy country.

Donald Trump stated that PM Andy Burnham informed him of plans to open up North Sea oil, and also warned that immigration is negatively impacting Britain follow

Leading climate scientists who helped Andy Burnham develop Greater Manchester's carbon neutral pledge are urging the Prime Minister to reject new North Sea oil

New North Sea oil drilling at Rosebank, the UK's largest undeveloped oilfield, faces potential delays after equipment was accidentally dropped into the sea, occ

Andy Burnham will spend his first working day at the new No 10 North in Manchester, chairing the inaugural national economic council, while reports suggest the

A North Sea oilfield is emerging as a significant test for British Prime Minister Burnham, with reports of potential drilling exciting Donald Trump and dividing

Donald Trump has claimed that the incoming UK Prime Minister, Andy Burnham, will approve North Sea oil exploration and dismantle wind farms. Mr. Burnham has ple