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  An informal survey of convicted Somali pirates is shedding new light into their motivations, attitudes towards piracy, and what has been the biggest

BP's $18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could

Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep

  Norwegian oil major Statoil says it has terminated its contract with the COSL Pioneer semi-submersible drilling rig some 13 months before the expiry

Apparently this guy is shotgunning a beer every day for a full year. Here he is yesterday over the Ports of Los Angeles and Long Beach. A video posted

(Bloomberg) An equipment failure that’s delayed Chevron Corp.’s $5.1 billion Big Foot deepwater oil project will reduce the company’s

by Nerijus Adomaitis, TROLL A PLATFORM, North Sea (Reuters) – Norwegian energy firm Statoil sees some signs of gas demand in Europe recovering after

(Reuters) Exploration firms have made a rare run of oil and gas discoveries in recent weeks as more targeted search strategies bear fruit, but they offer

byBen Sharples (Bloomberg) — Oil traded near $60 a barrel as companies in the U.S. reduced the number of active rigs by the slowest pace since

This week, with oil at $65, the Interior Department approved Royal Dutch Shell’s plan to to drill up to six exploratory wells in the Chukchi Sea, just west

Hundreds of activists, many in boats and kayaks, were gearing up on Saturday to protest plans to store two Royal Dutch Shell drilling rigs in Seattle's

SYDNEY, May 16 (Reuters) – Australia will more than double an area near the Great Barrier Reef subject to special curbs on shipping in a bid to protect

The United Nations shipping agency on Friday adopted stricter safety and environmental provisions for vessels operating in Arctic and Antarctic waters after

Two of President Barack Obama's top priorities clashed on Monday in the Arctic Ocean, and the outcome has some environmentalists feeling betrayed. They

Singapore-listed offshore support vessel supplier Vallianz Holdings Ltd reported today a steady net profit in the first quarter of USD $5.5 million, despite

Rolls-Royce says it has just delivered its 1000th underwater mountable offshore thruster, the world’s most popular and widely used thrusters for offshore

ExxonMobil has announced this week that oil production has commenced at the Kizomba Satellites Phase 2 project in Block 15 offshore Angola. The company

An international maritime tribunal on Saturday ruled that Ghana can continue developing a $4.9 billion dollar offshore oil project in an area caught up in a

The start of Norway's 2.3 billion barrel Johan Sverdrup oil field may be delayed and costs could exceed forecasts but the project could break even at about

The Obama administration proposed tighter rules for the offshore drilling equipment designed to be a last line of defense against oil-well blowouts, five years