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By Krystal Chia (Bloomberg) — Kyanite Investment Holdings, a unit of Singapore state-backed investor Temasek Holdings Pte, scrapped its bid to take

By Ryan Hesketh (Bloomberg) –North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an

By Jennifer Hiller HOUSTON, July 31 (Reuters) – Chevron Corp on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from

Italian oil services giant Saipem has announced multiple new contract awards related to offshore wind projects currently under development off the coasts of

By Peter Millard (Bloomberg) –Royal Dutch Shell Plc has just drilled a dry hole in Brazil’s premier offshore region, a sign state-controlled Petrobras

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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