BP ($BP) cuts in oil exploration could hurt struggling offshore exploration companies like Transocean ($RIG). UK oil major BP has drastically scaled back the team that looks for more oil...

By Andres Guerra Luz and Saket Sundria (Bloomberg) — Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market this year and next, according to Goldman...

OSLO, Jan 21 (Reuters) – Norway is proceeding with plans to award oil and gas exploration permits in frontier regions of the Arctic later this year, Oil and Energy Minister...

By Kate Abnett and Robin Emmott BRUSSELS, Jan 21 (Reuters) – European Union lawmakers passed a resolution on Thursday calling for the bloc to stop the completion of the Nord...

Jan 20 (Reuters) – The developer of the first major U.S. offshore wind farm said on Wednesday it will soon apply for a federal permit from President Joe Biden’s administration, after former...

BERLIN, Jan 15 (Reuters) – The Russia-led Nord Stream 2 (NS2) consortium on Friday said preparatory work to complete the subsea gas pipeline to Germany in Danish waters can go...

By Ron Bousso LONDON, Jan 15 (Reuters) – France’s Total SE on Friday became the first major global energy company to quit the main U.S. oil and gas lobby due...

Norwegian energy producer Equinor is taking on a project to test floating solar power off the not-so-sunny coast of Norway. Equinor announced Thursday that it has partnered with Moss Maritime...

By David Shepardson, Alexandra Alper and David Brunnstrom WASHINGTON, Jan 14 (Reuters) – The United States announced sanctions on Chinese state-owned enterprise and military officials on Thursday and added Chinese...

By Umberto Bacchi Jan 13 (Thomson Reuters Foundation) – Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to...

Norwegian energy giant Equinor has been selected to develop two large offshore wind farms off New York State in what is said to be one of the largest renewable energy...

By William Mathis (Bloomberg) — Siemens Gamesa Renewable Energy SA and Siemens Energy AG plan to spend 120 million euros ($146 million) to figure out how to generate hydrogen from wind...

By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million barrels a day from next month, while most of the...

By Vanessa Dezem, Daniel Flatley and Dina Khrennikova (Bloomberg) — Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project designed...

By Liam Denning (Bloomberg Opinion) — If ever a year needed a shot of glass-half-full attitude, it’s 2020. I got it recently from an oil executive. Conversation turned inevitably to the pandemic and 10 million...

By Andrea Shalal WASHINGTON, Dec 23 (Reuters) – The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural...

Scorpio Bulkers has announced its formal exit from the dry bulk shipping sector to focus on next-generation offshore wind turbine installation vessels, revealing plans to sell its remaining fleet and...

Rotterdam-based cable laying firm Van Oord has placed an order at Fincantieri-owned Vard for the construction of a next-generation cable laying vessel to serve the offshore wind market. The vessel...

French offshore services provider Bourbon Maritime has emerged from reorganization after eliminating 1.5 billion euros in debt. Bourbon’s recovery plan was approved this week by the Commercial Court of Marseilles,...

By Rachel Morison and William Mathis (Bloomberg) — Britain’s electricity grid operator is pushing deeper into the turbulent waters of the North Sea, seeking to support the government’s $27 billion program...