Norway has awarded four new exploration licenses in frontier Arctic areas as it looks to support its oil and gas industry, as well as value and job creation, the Ministry of Petroleum and Energy said on Wednesday.
read more... 24/06/2021
The UK is due to host the U.N. Climate Change Conference (COP26) in Glasgow, Scotland, in November and commissioned the International Energy Agency to chart a path towards net-zero emissions by 2050.
read more... 26/05/2021
The UK government is unlikely to impose an "outright" ban on new exploration licenses in the North Sea basin, a person close to the matter told S&P Global Platts on March 15, after weekend reports that ministers were considering a moratorium on new drilling.
read more... 16/03/2021
The deal, which includes a portfolio of five exploration licences and reserves of 25.9 million barrels of oil equivalent, is expected to close before the end of June
read more... 31/12/2020
Denmark’s government on Thursday agreed with a majority in parliament to put and end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.
read more... 04/12/2020