Norwegian major’s business model for offshore wind is under scrutiny as it sees fewer profitable opportunities in sector ...

Oil & gas group's business model for offshore wind is under scrutiny as it sees fewer profitable opportunities in sector ...

AJ Bell analyst Russ Mould said the sharp drop in profit "provided plenty of fodder" for hedge fund Elliott, with BP having ...

Deputy first minister Kate Forbes has called for more Scottish windfarms to get subsidies funded by UK households as her government struggles to ...

BP's net income fell to $8.9bn (£7.2bn) in 2024, down from $13.8bn the previous year. It said lower oil and gas prices, plus ...

Political leaders reacting to tariff threats from the United States are considering oil and gas projects that may put them at ...

CEO promised a “fundamental reset” of strategy after reporting poor financial results in 2024 which could see the company cutting its low-carbon spend ...

The Norwegian Offshore Directorate has granted Equinor a drilling permit for the exploration well 7220/7-CD-1 H, located in ...

One of Trump’s first acts as president was to order a freeze on leasing federal areas for new offshore projects and issuing ...

Exploration well 7220/7-CD-1 H is expected to be drilled with the Transocean Enabler semisubmersible drilling rig in April ...