The UK government has announced that the windfall tax on profits made by energy firms in the North Sea will end in 2030. The ...

When Apache announced it would cease North Sea operations by 2029 critics regaled Ms Reeves with cries of “I told you so”. But Apache had been shaping up to quit the North Sea for ages.

A deal would most likely involve a reverse takeover by EnQuest for Serica and include a return of capital to current Serica ...

Open up the North Sea. Get rid of Windmills!” He was commenting on an article in which US oil giant Apache said it was quitting the North Sea because of the windfall tax on its profits.