British North Sea-focused oil producer EnQuest is "confident" it will secure a refinancing deal needed to buy an additional 10,000 barrels per day of output capacity, it said on Thursday, as it reported a 43% drop in free cash flow in 2020.

INEOS Energy on Thursday announced the sale of its oil and gas business in Norway to Poland's PGNiG for $615 million.  

The UK government said it has reached an agreement with the country’s oil and gas industry that will help safeguard jobs as the nation strives to achieve net-zero emissions of greenhouse gases.

Equinor has awarded Tenaris the supply of tubulars for the Northern Lights CO2 transport and storage facilities in Norway. From its Dalmine mill in Italy, Tenaris will produce 105km 12” Carbon Manganese (C-Mn) seamless line pipe for the milestone project.

Campaigners have pushed ministers to rule out new licences for gas and oil exploration as part of the road to net zero.

The UK on Wednesday announced a landmark deal aimed at supporting the oil and gas industry’s transition to clean, green energy. It also said it would introduce the "Climate Compatibility Checkpoint" before future licensing rounds.

Oil prices have sunk about 12% in less than two weeks amid softening physical demand and the unwinding of long positions.

Offshore oil and gas logistics company ASCO Norge has won a contract as the preferred base supplier for INEOS Oil & Gas Norway’s first drilling operation on the Norwegian Continental Shelf.

Following today’s announcement by Equinor and the Norwegian Petroleum Directorate regarding the Blasto oil discovery in the Norwegian sector of the North Sea

Oil and gas industry leaders are set to meet with White House National Climate Adviser Gina McCarthy Monday afternoon, as the Biden administration prepares to crack down on greenhouse gas emissions from fossil fuels.