Ithaca Energy acquires Eni’s UK assets in £754m deal
Ithaca Energy has finalised an agreement to purchase the majority of Eni's UK-based oil…
Tag: North Sea oil and gas
UK extends energy windfall tax
Chancellor Jeremy Hunt has announced the extension of the Energy Profits Levy on profits from…
Gas boiler manufacturers eye over £100m in price increases
Top gas boiler manufacturers could earn over £100 million by increasing prices by an average of…
North Sea oil investments face 60% cash flow drop
Private equity investments in North Sea oil and gas may see a 60% cash flow decline due to the…
Former Energy Minister resigns over government’s oil plans
Chris Skidmore, has announced his resignation as an MP in protest against the government's…
UK regulator imposes £160k fine on energy firm for unauthorised flaring
The North Sea Transition Authority has fined Repsol £160,000 for flaring more than 73 tonnes of…
UK to award North Sea oil and gas licences annually
The UK Government plans to award licences for North Sea oil and gas projects annually, with a…
Energy Secretary: North Sea decline jeopardises UK’s energy independence
Claire Coutinho has warned that if the UK doesn't start new drilling projects, declining…
INEOS chief slams UK’s energy policy
INEOS Chairman Sir Jim Ratcliffe has voiced concerns over the UK's energy policy,…
Electric drones soar above North Sea oil rigs
Skyports Drone Services and Equinor have joined forces for a two-month trial of electric drone…
