Uncategorized

By John Benny – April 30 (Reuters) – Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in a deal creating one of

  by Ben Blanchard (Reuters) China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese

by Teis Jensen (Reuters) – Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private

By Robin M. Mills (Bloomberg Prophets) — Bahrain discovered the first oil on the Arab side of the Gulf in 1932. It took a long time for the small

By Kevin Crowley (Bloomberg) — Exxon Mobil Corp. got such a “favorable” deal from Guyana, home to the biggest new deepwater oil play, that the tiny

By Dan Murtaugh (Bloomberg) — The world’s biggest energy companies are ready for big projects again. They just need to be cheaper this time around.

PRINCETON, NJ, April 6 (Reuters) – U.S. Interior Secretary Ryan Zinke said on Friday that he sees little demand from oil and gas companies for new

An offshore wind farm proposed for off the coast of Northern California could become the first in the United States to use floating wind turbines. On Tuesday,

By Marianna Parraga HOUSTON, April 2 (Reuters) – For decades, many Latin America’s oil-producing nations have often shunned investment from

By David Wethe (Bloomberg) — Chevron Corp. is studding the ocean floor with heavy-duty pumping gear as part of an effort to make deepwater oil

By Mikael Holter (Bloomberg) — Faroe Petroleum Plc is hunting for offshore oil and gas assets in Norway and the U.K., with an appetite that could equal

By Perry Williams (Bloomberg) — After a decade planning the world’s largest floating gas export plant, Royal Dutch Shell Plc’s supplies could get

March 9 (Reuters) – New York Governor Andrew Cuomo on Friday said he had formally asked for the state to be excluded from a federal offshore drilling

  by Marianna Parraga (Reuters) – Mexico’s state-run Pemex [PEMX.UL] might bring partners into two heavy crude oilfields in the Gulf’s shallow

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is about to exit the Danish offshore oil industry that it created half a century ago. But for

By Alister Doyle Environment Correspondent OSLO, March 5 (Reuters) – Many Norwegian companies lag high standards for reporting their impact on the

By Ron Bousso and Marianna Parraga LONDON/HOUSTON, March 2 (Reuters) – The gasps in the audience were clearly audible at the auction of

By Nerijus Adomaitis OSLO, Feb 22 (Reuters) – Offshore rig firm Borr Drilling , controlled by Norwegian investor Tor Olav Troeim, is proposing to

By David Wethe (Bloomberg) — Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s

The Bureau of Safety and Environmental Enforcement is conducting an investigation into the fatality of a third-party construction worker in an area of the Gulf