Uncategorized

by Ron Bousso (Reuters) Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and

By Ron Bousso LONDON, Nov 30 (Reuters) – Female employees of Royal Dutch Shell in Britain earned on average 22 percent less than male colleagues, the oil

Netherlands-based offshore company SBM Offshore and its U.S. subsidiary SBM Offshore USA have reached an agreement to pay a criminal penalty of $238 million to

Black Friday Event Starts Starts Now   Free USA Shipping On Every Item In The Store ($5 Off International Shipping) 33% Off All Shirts with

By Tiffany Kary (Bloomberg) — A battle of so-called bankruptcy tourists is erupting in New York court. On Thursday, New York bankruptcy Judge Martin

By Sveinung Sleire (Bloomberg) — The $1 trillion fund that Norway has amassed pumping oil and gas over two decades wants out of energy stocks. Norway,

Offshore shipping company Atlantic Offshore has secured a two-year charter with Maersk Oil in the UK for the use of the Emergency Response and Rescue (ERRV)

Offshore drilling contractor Pacific Drilling announced on Sunday that it has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the

(Reuters) – Japan’s JERA Co, the fuel-buying joint venture of Tokyo Electric Power and Chubu Electric Power, said it received the first liquefied

Norway’s first offshore oil platform to be remotely operated from land has now come online with the opening of the land-based control room in Bergen,

By Ernest Scheyder and Ron Bousso HOUSTON/LONDON, Nov 8 (Reuters) – Two decades ago, BP set out to transcend oil, adopting a sunburst logo to convey its

CIMC Raffles started the final series of sea trials for the ultra-deepwater drilling rig Blue Whale II in preparation for its delivery later this year.

By Aluisio Alves and Marta Nogueira SAO PAULO/RIO DE JANEIRO, Nov 6 (Reuters) – Brazil’s state-controlled oil company Petroleo Brasileiro SA has

By Mikael Holter (Bloomberg) — Oil explorers are neglecting their old hunting grounds in the North Sea, threatening to deepen an expected slump in

By Alex Nussbaum (Bloomberg) — With $2.7 billion in oilfield sales this week, Hess Corp. is making a calculated bet, giving up steady production today to

This column does not necessarily reflect the opinion of gCaptain. By Stephen Mihm (Bloomberg View) — Repealing the so-called Jones Act, which is slowing

Henning Gloystein (Reuters) – Oil prices dipped on Wednesday as crude demand remained subdued on the back of refinery closures following Hurricane Harvey

By Matthew Tostevin HANOI, Aug 14 (Reuters) – The drilling ship at the center of a row between Vietnam and China over oil prospecting in disputed waters

Norwegian oil company Statoil announced Monday that its two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland did not result in

By Weixin Zha and Anna Shiryaevskaya (Bloomberg) Hidden by pine forests near the deserted site of what was once East Germany’s biggest nuclear reactor, two