Uncategorized


Wednesday, July 22, 2020
offshore rig
Offshore

U.K. Oil Industry at Odds With Government on Mass Covid Testing

By Ryan Hesketh (Bloomberg) –The U.K. oil and gas industry says blanket testing of its workers is essential to avoid Covid-19 outbreaks offshore, but the

July 22, 2020
Total Views: 24

Tuesday, July 21, 2020
offshore rig
Offshore

Chevron’s $5 Billion Deal for Noble Ends Deal Drought

By Arathy S Nair July 21 (Reuters) – Chevron Corp’s surprise $5 billion all-stock deal for oil producer Noble Energy should spell the end of this

July 21, 2020
Total Views: 65

Wednesday, July 15, 2020
Offshore Oil Platform
Offshore

COVID-19 Is Killing Oil Workers at an Unparalleled Pace in Mexico

By Amy Stillman (Bloomberg) — Of all the companies around the world affected by Covid-19, none has disclosed a worse death toll than Pemex, Mexico’s

July 15, 2020
Total Views: 90

Monday, July 13, 2020
Brazil’s Offshore Oil Workers Face Coronavirus Outbreaks
Offshore

Brazil’s Offshore Oil Workers Face Coronavirus Outbreaks

By Gram Slattery RIO DE JANEIRO, July 13 (Reuters) – On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil’s state-run oil

July 13, 2020
Total Views: 102

Thursday, June 25, 2020
Norway’s Full-Scale Carbon Capture Project Could Become Financial Disaster, Report Warns
Offshore

Norway’s Full-Scale Carbon Capture Project Could Become Financial Disaster, Report Warns

By Mikael Holter (Bloomberg) –Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new

June 25, 2020
Total Views: 124

Wednesday, June 24, 2020
offshore wind turbine
Offshore

Japan Launches Auction for Floating Offshore Wind Farm

By Aya Takada (Bloomberg) –Japan officially launched its effort to seek participants in the nation’s first auction for a floating offshore wind farm.

June 24, 2020
Total Views: 144

File photo of an offshore drillship
Offshore

Offshore Drillers Face New Round of Bankruptcies

By Liz Hampton and Nerijus Adomaitis DENVER/OSLO, June 24 (Reuters) – The companies that operate offshore drilling rigs for major oil producers face a

June 24, 2020
Total Views: 204

Tuesday, June 16, 2020
offshore platforms
Offshore

U.K. Offshore Oil and Gas Industry Pledges to Cut Emissions in Half Over Next Decade

By Amanda Jordan and Laura Hurst (Bloomberg) –The U.K. offshore oil and gas industry pledged to cut emissions from its operations by half in the next

June 16, 2020
Total Views: 47

Monday, June 15, 2020
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Orsted CEO to Resign After Leading Company in Renewables Transition

By William Mathis (Bloomberg) –The chief executive officer of Orsted A/S will step down by the end of next January, after transforming the former

June 15, 2020
Total Views: 103

BP Writes Off Billions as Covid Redraws Rules of Oil Demand
Offshore

BP Writes Off Billions as Covid Redraws Rules of Oil Demand

By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a

June 15, 2020
Total Views: 40

Thursday, June 11, 2020
offshore rig north sea
Offshore

Oil Crisis Shows Richest Nordic Country Remains a Crude Addict

By Lars Erik Taraldsen and Mikael Holter (Bloomberg) –Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has

June 11, 2020
Total Views: 79

Monday, June 8, 2020
U.S. Gulf of Mexico Energy Production to Resume After Storm Passes
Offshore

U.S. Gulf of Mexico Energy Production to Resume After Storm Passes

HOUSTON, June 8 (Reuters) – Energy companies on Monday began preparations to resume oil and gas production in the U.S. Gulf of Mexico, a day after

June 8, 2020
Total Views: 33

Friday, June 5, 2020
vlcc tanker
Uncategorized

U.S. Considering Blacklisting More Tankers Over Venezuela Trade, Official Says

By Jonathan Saul, Devika Krishna Kumar and Matt Spetalnick LONDON/NEW YORK/WASHINGTON, June 5 (Reuters) – The United States is considering imposing

June 5, 2020
Total Views: 46

offshore rigs Mobile offshore drilling units stand in the Port of Cromarty Firth in Cromarty, U.K.
Offshore

Offshore Oil’s $105 Billion Hangover Adding to Industry Woes

By Peter Millard, Laura Hurst and David Wethe (Bloomberg) –Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and

June 5, 2020
Total Views: 116

Tuesday, June 2, 2020
U.S. Gulf Put on Notice as Tropical Storm Cristobal Gains Strength
Offshore

U.S. Gulf Put on Notice as Tropical Storm Cristobal Gains Strength

By Brian K. Sullivan (Bloomberg) –Tropical Storm Cristobal, now gaining strength in the southern Gulf of Mexico, could grow into a hurricane as it moves

June 2, 2020
Total Views: 47

Friday, May 29, 2020
Tullow Oil: 58 Workers Test Positive for COVID-19 on FPSO Off Ghana
Offshore

Tullow Oil: 58 Workers Test Positive for COVID-19 on FPSO Off Ghana

ACCRA, May 29 (Reuters) – Fifty-eight workers tested positive for COVID-19 at an oil production facility run by Tullow Oil off Ghana’s Atlantic

May 29, 2020
Total Views: 147

Wednesday, May 27, 2020
offshore oil rig
Offshore

Chevron Planning to Cut Up to 15% of Workforce

By Kevin Crowley and Rachel Adams-Heard (Bloomberg) –Chevron Corp. is planning a 10% to 15% reduction in its global workforce this year, the biggest cut

May 27, 2020
Total Views: 56

Tuesday, May 26, 2020
offshore drilling rig brazil. Stock Photo: Shutterstock / marchello74
Offshore

Brazil’s Offshore Oil and Gas Industry Facing Coronavirus Outbreaks

By Gram Slattery and Marta Nogueira RIO DE JANEIRO, May 26 (Reuters) – Norway’s Equinor ASA , Brazil’s Dommo Energia SA and Anglo-French firm

May 26, 2020
Total Views: 45

Monday, May 18, 2020
Stock photo shows an oil tanker at a terminal
Offshore

Oil Rises to Two-Month High Amid Demand Recovery

(Bloomberg) — Oil rose to levels not seen since Covid-19 lockdowns paralyzed the world’s largest economy, lifted by signs of recovering demand and

May 18, 2020
Total Views: 47

Tuesday, May 5, 2020
Norwegian Cruise Line Seeking $2 Billion to Survive Industry Shutdown
Cruise Ships

Norwegian Cruise Line Seeking $2 Billion to Survive Industry Shutdown

By Paula Seligson, Jonathan Levin and Crystal Tse (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is pledging ships and two islands as part of a plan

May 5, 2020
Total Views: 57