Shell and Equinor have announced they plan to form a new company by combining their oil and gas assets in the North Sea. The ...

The UK is Europe’s second-largest oil and gas producer, and while oil is mostly exported, around 50 per cent of the gas ...

said “anyone who has a majority of their time” working on Shell and Equinor’s North Sea assets, such as oil rigs, will ...

Zoe Yujnovich, director of Shell’s integrated gas and upstream business, said 'anyone who has a majority of their time' working on Shell and Equinor’s North Sea assets, such as oil rigs ...

Shell has said Britain’s oil industry is now “naturally declining” as it announced a significant overhaul of its North Sea assets.

There should be no job losses as a result of the deal, which is hoped to enhance the longevity of North Sea operations ...

said “anyone who has a majority of their time” working on Shell and Equinor’s North Sea assets, such as oil rigs, will transfer to the new company. She added that the deal could result in a ...

Canada’s gas rig count increased by three and its oil rig count increased by one, the count showed. The total North America rig count is down 30 rigs compared to year ago levels, according to ...