Ministers are weighing up a new gasfield but is more UK fossil fuel production necessary or desirable given its climate commitments?
The government is weighing up plans to bring in a price floor for the windfall tax amid fears Equinor could pull out of the proposed Rosebank oil and gas project, City A.M. understands.
The UK oil and gas market has become extremely fragmented.
That’s what BofA Global Research stated in a new report sent to Rigzone, adding that the top five operators account for 35 percent of total output, compared to more than 65 percent in Norway