Shell applied on Wednesday to begin decommissioning the entire Brent oilfield—the namesake of ‘Brent crude’--in the North Sea, in a project that could take up to a decade to complete.

She added: "News today that Shell plans to apply to begin decommissioning its Brent oil field underlines the importance of planning for decommissioning." In the next few months, the top portion of ...

The assessment originally focused on the market rate of crude from the Brent oil field, which is named for a goose and lies between Scotland’s Shetland Islands and Norway. The daily snapshot of ...

Equinor (NYSE:EQNR) said Monday it has stopped production from its Johan Sverdrup oilfield, western Europe's largest with production of ~750K boe/day, helping to boost futures prices. Brent front ...

The Brent benchmark was named after the Brent oil field in the North Sea between Scotland and Norway. But that deposit is running dry as all oil fields eventually do, said Rory Johnston ...

I have a nice handful of Shell...Exxon...BP...and Chevron - they help pay a lot of my expenses and, in the "no touch for decades" account, compound. Greenpeace is an ...

LONDON—It was once a behemoth, a massive North Sea oil field whose importance to the world crude market was summed up by its name atop the global benchmark price: Brent. Today, the Brent field ...

Brent blend is the name of one of two internationally-recognized types of crude oil that are used as benchmarks for prices of crude oil. Brent Blend comes from the North Sea and is considered a ...

Brent November crude futures fell 32 cents to ... Italian oil major Eni's largest oilfield in Libya, known as Elephant, may be in ruins, its operations manager Mustafa Abougfeefa said in an ...