The merged company, worth several billions of pounds, will rival the size of December's Shell-Equinor combination.

Premier Oil announced on Tuesday that shareholders voted in favor of a reverse takeover of private equity-backed Chrysaor to create the British North Sea’s biggest oil and gas producer in which ...

By keeping these companies private, countries maintain some authority over the production, sales, and expansion of valuable oil reserves. If made public, shareholders would own the company and ...

Cambo is the second largest undeveloped oil discovery in the UK behind Rosebank, but Ithaca said last year it would need to ...

Russia has carried out a combined strike on infrastructure of Naftogaz, the largest national oil and gas company of Ukraine, ...

Horizon has partnered with Milton Capital, a UK-listed exploration investment company, on the Dabinett ... With 174 million barrels of oil equivalent in gross prospective resources, the Dabinett ...

The North Sea could produce about half of the oil and gas the UK will need in the run up to 2050 – but only if new projects can be developed, industry chiefs have said. As it stands Offshore ...