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Oil News

Appomattox platform, Gulf of Mexico

​Biden administration’s offshore drilling ban sparks backlash

2025-01-15T17:12:00+00:00

The Biden Administration’s decision to ban new offshore oil and gas leases across 625 million acres of US coastal and offshore waters has drawn sharp criticism from energy industry leaders.

Equinor The Mariner field in the UK North Sea (1)

​Equinor and Shell to combine UK offshore assets

2024-12-05T11:03:00+00:00

Equinor UK and Shell UK will combine their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer.