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North Sea

  • ‘A complete fabrication’: Government denies claims Ed Miliband has banned new North Sea oil licences

    July 11, 2024

    The government has been forced to deny reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences.

  • 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.

  • Serica Energy chief: ‘High commodity price windfall long gone’

    April 24, 2024

    Serica Energy today announced its first share buyback programme, totalling £15m.

  • 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.

  • Energy security is a must, but UK’s absurd oil and gas bill won’t help

    January 24, 2024

    The oil and gas bill is a misguided solution to the UK's energy woes; we must focus on renewables instead, writes Nigel Pocklington.

  • North Sea’s biggest oil and gas producer, Harbour Energy strikes £9bn deal for German peer

    December 21, 2023

    Harbour Energy on Thursday agreed to acquire Wintershall Dea's non-Russian oil and gas assets in a £9bn share and cash deal with BASF and LetterOne.

  • Like it or not, but we won’t get to net zero without oil and gas

    December 21, 2023

    We must move towards a fully green energy system, but we can't get there without oil and gas, writes Stuart Payne

  • Harbour Energy continues to boost global footprint while targeting ‘material shareholder returns’

    November 29, 2023

    Harbour Energy has announced today it's targeting free cash flow of $1bn (£800m) in its current financial year.

  • North Sea oil and gas sector push Labour to back licensing rounds

    November 8, 2023

    The North Sea oil and gas industry is hoping to convince Labour to back future oil and gas licences - City A.M. has learned.

  • Rosebank: Climate campaigners prepare legal action against oil and gas field

    September 27, 2023

    Climate campaigners have vowed to take legal action against the government, following the approval of Rosebank this morning.

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