The latest planned sale would see it pull out of its remaining interests in the region, including a 19.4% stake in the Clair oilfield, west of Shetland
Many seabird colonies around UK coastlines struggle to breed because the sandeels they feed on have been overfished. The upcoming closure of sandeel fisheries will be good news for marine wildlife.
Ex-Tory Treasurer Lord Michael Spencer is the largest shareholder at Deltic Energy - one of 17 companies including giants Shell and BP awarded provisional licences on Wednesday
Mediterranean-focused Energean on Thursday forecast higher 2024 production, which was nevertheless affected by slower gas demand growth in Israel, after profit more than doubled last year.
A study by he Common Wealth think tank has revealed that 40% of the licences for North Sea oil and gas are owned by firms based abroad, with profits going to overseas companies and investors