Drilling from the North Sea. In the center you can clearly see how a layer of brown peat is covered by a layer of gray clay, the moment (8700 years ago) that this part of the North Sea was flooded.

China’s deep-sea mining deal with the Cook Islands risks leaving the United States behind in critical minerals essential for energy, defense, and tech.

After earning a master's degree in engineering, Alekperov worked on oil rigs in the Caspian Sea and later became deputy minister of the Soviet Union's oil industry. In addition to his oil wealth ...

Serica and EnQuest are in discussions over a possible merger amid a challenging backdrop for the North Sea oil and gas sector. Bosses at Serica believe a tie-up would deliver 'substantial ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The ...

OSLO (Reuters) -Norwegian oil company DNO has agreed to buy rival Sval Energi from private equity group HitecVision in a deal valued at $1.6 billion, it said on Friday, marking further consolidation ...

The windfall tax on oil and gas firms will end in 2030 – but the government has pledged to ban new drilling licences to help “unleash” clean energy in the North Sea. Both policies have been revealed ...

Scotland faces “dole baby dole” under Labour’s plan for the North Sea, the Conservatives have claimed. Shadow Scotland secretary Andrew Bowie said early-stage plans to stop issuing new oil ...