News

The North Sea crude market, home to the world's most important physical oil-price benchmark Dated Brent, often sees individual traders taking relatively large positions. Image by Igors Aleksejevs ...
The UK government's seizure of British Steel from Chinese company Jingye on national security grounds suggests extending ...
A record volume of swaps that traders use to hedge benchmark physical oil prices changed hands on Friday as prices jumped, prompting market participants to suggest that one or more traders had ...
Simply sign up to the Oil & Gas industry myFT Digest -- delivered directly to your inbox. North Sea oil and gas companies have agreed a series of mergers that will allow them to offset billions of ...
DNO, a Norwegian oil and gas operator, has reported an oil and gas discovery in the northern North Sea licence PL1182 S, where it holds a 40% operated interest. Partners in the licence include ...
The UK government needs to replace the current windfall tax on North Sea oil and gas operations as soon as practically possible and not wait until the sunset clause of the tax regime expires in ...
North Sea-focused oil producer EnQuest will pay a maiden dividend after swinging to a profit last year despite recording lower production and turnover. The oil exploration group, which is in ...
Gunvor Group, one of the world’s biggest independent oil traders, piled into the North Sea crude market during a wider rout in futures markets.
Six people directly involved in physical North Sea oil and derivatives trading said that the heightened volumes bore the hallmarks of a trader having their positions stopped out. The term means ...