ENB Pub Note: Odd timing that US-flagged tanker carrying fuel for the US Military is hit by a ship that was a direct course for the anchored ship for over an hour. Our Air Force […]
The search for a missing crewmember from the containership Solong that struck the tanker Stena Immaculate in the UK North Sea has been called off as fires aboard both ships continued to burn overnight. The […]
The Labour government under Keir Starmer has upheld its promise to halt new oil and gas exploration but is now allowing tiebacks—connecting new reserves to existing fields. The government has decided not to renew the […]
Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables […]
More than seven in 10 Scots back drilling in the North Sea to reduce the country’s reliance on foreign imports, a survey has found. The poll, carried out by Survation on behalf of consultancy firm True North, […]
Equinor UK and Shell UK are joining forces to create the UK North Sea’s largest independent oil and gas producer. Combining their offshore assets and expertise into a 50/50 joint venture, the new company will […]
The North Sea crude market experienced a record-breaking trading day, with eight cargoes traded, potentially influencing Brent Crude prices. Major oil companies and trading firms participated in the trading frenzy, signaling bullish market sentiment. While […]
Daily Standup Top Stories Israel-Iran: A strike on oil assets could revive inflation October 12, 2024 Stu Turley When Iran launched a barrage of some 180 ballistic missiles at Israel a week ago — causing little damage or casualties — Israeli Prime Minister Benjamin […]
Output is down about 13% this year, industry group OEUK says Producers are looking for relief as government raises taxes Britain’s natural gas output is declining faster than expected and leading to greater reliance on […]
The future of the North Sea‘s oil and gas sector depends on establishing a more predictable and stable tax regime, according to new analysis from Wood Mackenzie. After years of sporadic tax changes, the UK […]
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