Energy mergers, acquisitions, divestitures, and asset transactions impacting the oil and gas industry.
A Brazil-based deepwater driller sees rising investment in Latin American offshore projects as geopolitical risks in the Middle East shift focus toward more stable regions.
Read MessageABL and Tidewater sign an agreement to provide marine assurance and DP services for offshore support vessels operating in Egypt and regional waters.
Read MessageRussian producers paid 494.9 billion rubles ($6.18 billion) in oil taxes last month, down 48 percent year on year, according to Bloomberg calculations based on Finance Ministry data released Friday.
Read Message'American energy leadership is a cornerstone of our economic strength and national security', Secretary of the Interior Doug Burgum said.
Read MessageDroneQ Robotics and Mark Offshore partner to deploy the R/V Mintis for offshore inspection, subsea survey and robotics operations, combining ROV and drone technologies.
Read MessageWeatherford plans to relocate its legal domicile to Texas, aiming to simplify its structure, improve capital access and align more closely with its U.S.-focused operations.
Read Message'It is imperative that international law is respected and that Iran fully re-opens the Strait of Hormuz', a statement posted on the UK government website said.
Read MessageBP confirmed Meg O'Neill has taken over as chief executive from interim CEO Carol Howle and named Howle as deputy CEO effective immediately.
Read MessageMasdar and TotalEnergies announced an agreement to create a 50-50 joint venture to consolidate their onshore renewable energy portfolio in nine Asian countries.
Read MessageWhy has the West Texas Intermediate (WTI) oil price surpassed Brent?
Read Message'Iran will allow the safe, unhindered and expeditious passage through the Strait of Hormuz of Philippine-flagged vessels, energy sources and all Filipino seafarers', the Philippine Foreign Affairs Department said.
Read MessageRussia plans to send a second oil tanker to crisis-ridden Cuba, further testing an effective US energy blockade of the communist-run island.
Read MessageTamboran reports strong flow results from its SS-6H well in Australia’s Beetaloo basin, with normalized rates of 11.9 MMcf/d signaling competitive shale gas performance.
Read MessageContinental Resources plans to increase U.S. oil output as crude prices surge above $100 amid supply disruptions tied to the Iran conflict, signaling a potential shift in shale activity.
Read MessageUnited Airlines became the second U.S. carrier in a week to raise check bag fees as the industry grapples with a more than 80% jump in jet fuel costs.
Read MessageOil prices surged above $110 as escalating US-Iran tensions raised fears of prolonged disruptions through the Strait of Hormuz.
Read MessageCrude oil stocks, not including the SPR, stood at 461.6 million barrels on March 27, according to the EIA's latest weekly petroleum status report.
Read Messagebp’s new CEO steps in under pressure to simplify operations, cut costs and refocus on upstream oil and gas assets as investors push for a strategic reset.
Read MessageConstellation extends key offshore drilling contracts with Petrobras, adding $1.1 billion in backlog and securing long-term utilization for deepwater rigs in Brazil.
Read MessageTransocean adds $1 billion in backlog through Brazil deepwater drillship extensions and a Norway semisubmersible contract, while accelerating debt reduction.
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