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By Valerie Volcovici (Reuters) – Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the

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

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 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 Victoria Klesty (Reuters) – Norway’s Hurtigruten has called off its remaining Antarctica cruises from January to March next year and will reduce

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 George Hay (Reuters) – If offshore wind and solar power are zero-carbon energy’s ESG golden boys, carbon capture is its problem child. Climate

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

What new ship construction project has cost more than a US Navy Supercarrier and is equally troubled with delays and problems? Shell’s Prelude FLNG. by

By Aziz El Yaakoubi DUBAI, Oct 14 (Reuters) – A United Nations team will have to wait several weeks to access a deteriorating tanker off Yemen’s

HOUSTON, Oct 9 (Reuters) – A large and powerful Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico energy production in 15 years,

By Brian K. Sullivan (Bloomberg) –Four potential tropical systems are threatening to form in the Atlantic, including a patch of thunderstorms off the

by Katharine Houreld (Reuters) – The M/V Aegean II, a Panama-flagged ship boarded by Somali police, is safe and underway, the EU Naval Force said on

By Selcan Hacaoglu (Bloomberg) President Recep Tayyip Erdogan said Turkey has found 320 billion cubic meters of natural gas in the biggest ever discovery in

(Bloomberg) – President Donald Trump helped to clinch an unprecedented deal among the world’s largest crude producers, but the pact hasn’t stopped