Seadrill, an offshore drilling company headquartered in London, is being sued by shareholders due to losses related to an unfinished deal with Russia’s state-owned Rosneft, which is the target of Western sanctions, the Russian newspaper Kommersant reported Friday.
Ecopetrol reports it has established an Alliance with Japan’s JX Nippon Oil & Gas Exploration through its affiliate in Brazil, Ecopetrol Óleo e Gás to explore the FZA-M-320 block,
So, say you're the leader of the free world and you're trying to figure out how to get your arms around this climate crisis. There are plenty of good options -- but opening up the Arctic and Atlantic oceans to more offshore oil drilling isn't one of them. Show More Summary
Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56 percent decline in profit for the first half of this year. Net income dropped to 14.
Nigeria's state oil company has cancelled its contract for the delivery of crude to the country's refineries in Warri, Port Harcourt and Kaduna, it said on Wednesday.
By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, said first-half profit slumped as higher output and lower costs were overwhelmed by a collapse in crude prices. Net income dropped to 14.73 billion...Show More Summary
Tidewater Inc. informed today that Jeffrey M. Platt, President and CEO, and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer,
AMSTERDAM (Reuters) - A court in the Netherlands has ordered Russia to pay compensation for seizing the Greenpeace ship Arctic Sunrise during a protest against an offshore oil platform two years ago, a ruling which Moscow dismissed as lacking legal authority.
Angolan state oil company Sonangol said it would buy oil and gas producer Cobalt International Energy Inc's 40 percent stake in two oil blocks offshore Angola for $1.
The Ministry of Petroleum and Energy in Norway on Thursday has given green light to the development and operation plan of the oil group Statoil for Johan Sverdrup field.
OSLO, Aug 21 (Reuters) – Operator Statoil and its partners have been given the formal approval to develop the first phase of their giant Johan Sverdrup oil field off the coast of Norway, the country’s energy ministry said on Friday. Show More Summary
A group of conservationists called on the White House to postpone oil and gas lease sales in the Gulf of Mexico until Congress takes action to save what environmental groups call America’s best parks program. The post Why ‘Teddy Roosevelt’ Was Protesting An Offshore Lease Sale In New Orleans This Week appeared first on ThinkProgress.
The Department of the Interior’s latest oil and gas lease sale covering nearly 22 million acres in the western Gulf of Mexico drew little interest from offshore companies on Wednesday, reflecting weakened market conditions driven by the plunge in oil prices. Show More Summary
Last week Samson Resources and Hercules Offshore showed you need a lot more than a heroic name to avoid bankruptcy.
The U.S. Bureau of Safety and Environmental Enforcement has granted Shell its final approval to drill for oil and gas offshore Alaska in the arctic waters of the Chukchi Sea. According to the BSEE, Shell received approval for its Application...Show More Summary
Bulgaria will start prospecting for offshore oil and gas in the Black Sea early next year, Prime Minister Boiko Borisov announced on Sunday.
The Nigerian unit of offshore oil and gas helicopter transport compony Bristow Group has confirmed that six people have died after one of its aircraft crashed in Lagos, Nigeria this week. Bristow Helicopters (Nigeria) Limited confirmed...Show More Summary
Barakah Offshore Petroleum’s subsidiary, PBJV Group Sdn Bhd (PBJV), has received a Letter of Award from Malaysian oil company Petronas Carigali Sdn Bhd, for the supply,
Brazil's Subsalt Polygon, an offshore area that has already yielded some of the world's largest recent oil finds, may hold enough undiscovered petroleum and gas
Brazilian prosecutors plan to file criminal charges stemming from the lease of an Ensco Plc offshore oil-drilling ship to Brazil's state-run oil company Petrobras "in due course," they said.