Shell PLC (SHEL) shares up on resuming production at Penguins field in UK North Sea with new FPSO facility designed for lower emissions and extended lifespan.

Penguins redevelopment is part of Shell’s strategy to boost its UK North Sea output to more than 500,000 barrels of oil ...

The ban on drilling is in place after a judge decided the previous Conservative government acted "unlawfully" when it gave ...

Ed Miliband risks destroying the UK’s reputation if he blocks Britain’s two biggest offshore oil and gas developments, the ...

The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died. Oil production has slowed in the past decade but new discoveries are still being made in the North Sea.

Crosgan discovery is operated by ONE-Dyas under joint venture with Shell around 60 kilometres east of the partners’ Pensacola ...

Shell said on Tuesday it has restarted production at the Penguins oil field in the UK North Sea, with a new floating, production, storage and offloading (FPSO) facility.

Sir Keir Starmer has signalled plans to approve a major oil development in the North Sea despite opposition within his Cabinet. The Prime Minister on Thursday suggested he would not stand in the ...

Shell has restarted production at the Penguins field in the UK North Sea with a new FPSO, boosting domestic oil and gas output.

Norwegian oil and gas firm Aker BP and its partners have drilled a dry well in the North Sea, offshore Norway.The drilling ...

Shell (SHEL) has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading, ...