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By Ron Bousso (Reuters) Israel has overcome delays to the exploration and development of its offshore oblatural gas fields and wants to

German state-controlled lender NordLB has agreed to take full control of its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping

By David Wainer (Bloomberg) — Israel’s Energy Minister Yuval Steinitz is out to persuade big energy explorers put off by years of regulatory turmoil to

By Stine Jacobsen STAVANGER, Norway, Aug 30 (Reuters) – Restructuring the debt of struggling offshore oil service vessel (OSV) and drilling rig companies

by Mikael Holter (Bloomberg) Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year,

Oil services firm Solstad Offshore, which has a fleet of 44 wholly owned or partly owned vessels, reported a drop in operating profit to NOK 98 million in Q2

A U.S. Navy video obtained by USNI News shows the moment four Iranian Revolutionary Guard patrol boats approached the guided-missile destroyer USS Nitz earlier

OSLO, Aug 25 (Reuters) – Norway-listed offshore driller Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, said

The International Transport Workers Federation is slamming offshore oil companies operating in North Sea after a report claimed that many are using

By Susan Gourvenec and Erika Techera, University of Western Australia (The Conversation) – The global offshore oil and gas industry has installed a

By Liz Hampton HOUSTON, Aug 23 (Reuters) – The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large

(Reuters) Oil companies and even Nigerian officials are losing faith in a deal anytime soon with militants who have slashed the nation’s oil output,

  By Kwasi Kpodo (Reuters) Ghana began pumping crude from a second offshore field operated by British company Tullow Oil on Thursday,

by David Yong & Denise Wee (Bloomberg) Singaporean companies struggling to meet debt obligations as oil prices slump may get more support from the

The glut of crude oil stored in ships on the North Sea is finally starting to dissipate. Demand for the commodity has increased as traders take advantage of

by Adam Williams (Bloomberg) Exxon Mobil Corp., Chevron Corp. and Hess Corp. have agreed to bid together for rights to drill for crude in

(Bloomberg) China’s imports of crude oil, coal and natural gas slowed in July, offering no solace for producers hoping demand from the world’s largest

By Henning Gloystein (Reuters) Long a shipping registry but best known for diving, lagoons and the island that gave the world the name for the bikini swimsuit,

by Masumi Suga Ichiro Suzuki (Bloomberg) As deep as 1,600 meters (5,250 feet) under water and 1,500 kilometers (930 miles) from Tokyo, work has begun on the

by Matthew Braga (Bloomberg) Until recently, oil and gas kept robots moving in more ways than one. Fossil fuel companies looking to speed up exploration,