Offshore

NYSE-listed offshore drilling contractor Pacific Drilling has filed for Chapter 11 bankruptcy in an effort to restructure $1.1 billion in bond debt. It’s

Norwegian energy giant Equinor has set a goal to reach net-zero emissions in line with the Paris Agreement. Earlier this year Equinor announced plans to

The governors of Maryland, North Carolina, and Virginia are teaming up to advance offshore wind projects and promote the region as a hub for offshore wind

Oct 29 (Reuters) – As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year’s repeated oil and gas production

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s

By Jennifer Hiller Oct 29 (Reuters) – Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not

By William Mathis and Nishant Kumar (Bloomberg) — Vestas Wind Systems A/S, the world’s biggest wind turbine manufacturer, will buy out its offshore

By Erwin Seba HOUSTON, Oct 27 (Reuters) – Energy firms and ports along the U.S. Gulf Coast prepared on Tuesday for another test as Hurricane Zeta, the

By William Mathis and Jeremy Hodges (Bloomberg) — Green power is set to draw around $11 trillion of investment in the coming decades as the cost of

by Daren Butler (Reuters) – Turkey said it was extending the seismic survey work of its Oruc Reis ship in a disputed area of the eastern Mediterranean

By Jeannette Neumann (Bloomberg) — Spanish shipbuilder Navantia is stepping up its bet on offshore wind energy, a venture that stands to benefit from the

It’s an inevitable fact that the United States is set for a major increase in the number of wind turbines off its coast in the coming decade. This means

By Christopher Yasiejko (Bloomberg) –The Trump administration was sued by several environmental groups that claim it has violated the Endangered Species

CARACAS, Oct 20 (Reuters) – An oil tanker operated by Venezuelan state oil company Petroleos de Venezuela on Tuesday approached a floating oil facility

By Nerijus Adomaitis OSLO, Oct 20 (Reuters) – A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has

By Jeremy Hodges (Bloomberg) –Wind and solar power are the cheapest form of new electricity in most of the world today. That’s the analysis of

The U.S. Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres in the Gulf of Mexico for a region-wide lease sale now scheduled

By Claire Jiao and Cecilia Yap (Bloomberg) –The Philippines lifted its moratorium on oil and gas exploration in disputed areas of the South China Sea, a

By Liz Hampton Oct 16 (Reuters) – The two largest U.S. energy firms, Chevron Corp CVX.N and Exxon Mobil Corp XOM.N, have increased their share of

By Ronan Martin and William Mathis (Bloomberg) –MHI Vestas Offshore Wind A/S is set to join the giants of the offshore-wind world by building a