With moves into deeper waters becoming more common as the search for new hydrocarbons continues, the regulatory framework needs to change.

Vacuum trucks had recovered 1,170 barrels of crude oil, or 49140 gallons, as of early Friday, according to PHMSA. The spill ...

The UK Government is finally considering stopping new licences for companies to explore for new oil and gas in the North Sea. There is a pause on approving new fields while the UK Government examines ...

BISMARCK, N.D. (AP) — Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland ... only resume service with regulator approvals.” A map from ...

The North Sea crude market, home to the world's most important physical oil-price benchmark Dated Brent, often sees individual traders taking relatively large positions. Image by Igors Aleksejevs ...

Gunvor Group, one of the world’s biggest independent oil traders, piled into the North Sea crude market during a wider rout in futures markets. The North Sea crude market, home to the world’s ...

Shell and Equinor recently agreed to combine their North Sea operations in a move that is also expected to help generate cost savings. Last week the private equity-backed NEO oil and gas firm ...

(Bloomberg) — Gunvor Group, one of the world’s biggest independent oil traders, piled into the North Sea crude market during a wider rout in futures markets. The North Sea crude market, home to the ...

A cargo ship involved in a fiery collision with an oil tanker in the North Sea "altered course" just hours before the crash, a report has found. The oil tanker and cargo ship that crashed in the ...

Labour's Net Zero drive is leaving the UK at greater risk of power blackouts because it is 'squeezing the life' out of the North Sea oil and gas ... to explore new fields – a move in line ...

A potential tie-up comes as many energy firms shrink production in the North Sea because of the Energy Profits Levy [EPL], a windfall tax on oil and gas profits. In the recent Autumn Budget ...