A MINISTER has said there is “no evidence to suggest” foul play in the collision of two vessels in the North Sea.

BP underlines value of North Sea resources as Government proposes exploration cuts that could increase UK import reliance amid tensions fuelled ...

Facing declining domestic production, energy security concerns, and industry pushback, the UK government is adjusting its ...

The consultation, published on Wednesday, outlines proposals for a profit or revenue-based tax regime for the oil and gas ...

North Sea oil and gas companies Enquest and Serica Energy are in talks about an all-shares merger as the windfall tax takes ...

A deal would most likely involve a reverse takeover by EnQuest for Serica and include a return of capital to current Serica ...

Investors in Harbour Energy headed for the exit as the company reported a loss after tax of $93 million for the year ended December 31, compared with a $45m profit the year before, following a steep ...

The windfall tax on oil and gas firms will end in 2030 – but the government has pledged to “unleash” clean energy in the ...

The Conservative Government first introduced a 25% windfall tax in May 2022, following soaring energy prices due to Russia's ...

The Government has announced plans to end the windfall tax on oil and gas profits in 2030 as it launches a consultation on the future of the North Sea energy sector.

The UK government is considering a new type of levy on North Sea oil and gas profits to replace a windfall tax due to end in 2030.

Harbour Energy, the largest British North Sea oil and gas producer, saw its shares plunge 13% after windfall taxes wiped out ...