UK energy production reaches lowest level on record
Domestic energy production in the UK has reached the lowest level since records began in 1948.
Ithaca to become UK reserves powerhouse with Eni deal – analysis
The potential Ithaca Energy (LON: ITH) combination with Eni’s UK assets stands to bring the firm’s reserves above that of Harbour Energy, according to analysis.
Still no exploration wells in UK as Norway forges ahead
As the UK continues to wait for its next exploration well there are three active in Norway, Westwood reports.
Banchory firm could ‘revolutionise’ fuels for offshore wind vessels
A Banchory-based firm has developed technology which it says could “revolutionise” the way offshore vessels are fuelled.
Exxon, Cnooc merge Guyana arbitration claims against Chevron
Exxon Mobil and Cnooc merged arbitration claims against Chevron’s proposed takeover of Hess that would allow the US oil supermajor to enter Guyana’s Stabroek Block.
Harbour Energy CEO Linda Cook takes home multi-million-pound pay package
The CEO of Harbour Energy (LON: HBR), the UK’s largest oil and gas producer, earned an overall pay package of £2.4m last year, new figures have revealed.
EnQuest plans ‘funnel’ of UK North Sea’s largest oil projects
Boss says EnQuest will “prove up” heavy oil capabilities on Bressay before targeting Bentley.
UK ‘well to watch’ Skerryvore pushed to 2025
Skerryvore, the UK “well to watch” for 2024, has been pushed into next year by North Sea operator Parkmead (AIM: PMG).