Britain's oil and gas regulator on Friday awarded 31 new hydrocarbon exploration licences as part of efforts to extend production in the ageing basin.
read more... 06/05/2024
Britain's oil and gas regulator on Wednesday awarded 24 new hydrocarbon exploration licences to 17 companies as part of efforts to extend production in the ageing basin.
read more... 01/02/2024
BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions.
read more... 11/05/2023
Norway on Tuesday said it plans to offer energy firms a record number of oil and gas exploration blocks in the Arctic as it seeks to prolong its hydrocarbon production, while green campaigners criticised the risk to the environment.
read more... 26/01/2023
The UK will still consider offering new offshore oil and gas licenses in the future, energy minister Anne-Marie Trevelyan said June 23, despite rising pressure on the country to ban new exploration in the wake of a landmark report on global carbon emissions by the International Energy Agency.
read more... 24/06/2021