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North Sea Oil

  • Going green? Not without backing from the City, you don’t

    June 4, 2024

    The energy transition requires investment in two things: transition (obviously) and new, greener, cheaper technologies.

  • Enquest expects to return to growth despite ‘political uncertainty’

    May 30, 2024

    Enquest said it's looking to return to growth this year despite ongoing political uncertainty.

  • Ithaca Energy’s income slumps, but it expects ‘material dividend capacity’ from Eni merger

    May 28, 2024

    Ithaca Energy has suffered a drop in income, but the group remains optimistc about future growth.

  • Ithaca Energy to buy Eni’s UK assets for about £754m

    April 23, 2024

    North Sea oil and gas producer Ithaca Energy said on Tuesday it would buy Eni's UK upstream oil and gas assets for about £754m in an all-stock deal.

  • Revenue slumps at Enquest as producer attacks ‘challenging’ North Sea operating environment

    March 28, 2024

    Oil producer EnQuest saw revenue fall, but announced a share buyback, in a year trading that was hit by lower oil and gas prices and the continuation of the windfall tax on North Sea oil.

  • Harbour Energy records drop in revenue and production as windfall tax weighs

    March 7, 2024

    Harbour's chief executive said the tax all but "wiped out" the firm's profits in 2022

  • Just Stop Oil’s ‘imposition’ is slowing energy transition – North Sea chief

    February 27, 2024

    OEUK Chief David Whitehouse said that de-carbonisation will not happen through goodwill alone

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