October 16, 2017

UK North Sea Oil Faces Quickening Decline If No Brexit Deal

(Bloomberg) — The U.K. oil and gas industry faces a faster decline if Prime Minister Theresa May fails to agree to a trade deal with the European […]
October 16, 2017

Cost Control Key to North Sea Production Growth

The North Sea is back. Again. Having already been written off once in the 80s and survived, North Sea production is now seen to be recovering […]
October 6, 2017

ExxonMobil ‘Puts Guyana on the Map’ with Discovery

Exxon Mobil Corp. on Thursday reported its fifth new oil discovery after drilling the Turbot-1 well offshore Guyana with the Stena Carron drillship. “The results from […]
October 6, 2017

Scotland Rejects Fracking, Citing Overwhelming Public Opposition

EDINBURGH, Oct 3 (Reuters) – Scotland will block fracking indefinitely after a public consultation found overwhelming opposition to the practice, the British region’s energy minister said […]