Orsted to Fight $1.1 Billion Danish Tax Bill for U.K. Wind Farms
By Morten Buttler (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind farms, will appeal a decision by Danish tax authorities
By Morten Buttler (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind farms, will appeal a decision by Danish tax authorities
By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to
By Nicolas Parasie (Bloomberg) — Abu Dhabi National Oil Co. is a potential contender to buy a local offshore oil-services firm that counts the
By Bloomberg News (Bloomberg) — China’s third-biggest oil company faces a U.S. blacklist, which could spur major outflows from its Hong Kong-listed
By Lisa Barrington DUBAI, Nov 25 (Reuters) – Houthi authorities in Yemen have given long-awaited approval for a United Nations plan to visit and assess a
Nov 19 (Reuters) – The Trump administration on Thursday proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off
By Kate Abnett BRUSSELS, Nov 19 (Reuters) – The European Union unveiled plans on Thursday to transform its electricity system to rely mostly on
By Ewa Krukowska (Bloomberg) — The European Union wants a massive increase in offshore wind to help clean up the electricity industry and aid the
By Nichola Groom Nov 18 (Reuters) – The Trump administration’s final sale of oil and gas leases in the Gulf of Mexico generated nearly $121 million
By Valerie Volcovici WASHINGTON, Nov 18 (Reuters) – Danish renewable energy group Ørsted and North America’s Building Trades Unions (NABTU)
Nov 13 (Reuters) – Boston Dynamics’ dog-like robot ‘Spot’ is learning new tricks. Working on an oil rig operated by BP Plc nearly 190
By Sheela Tobben (Bloomberg) –It’s the year of the unprecedented and the hurricane season has been no exception. A record-breaking hurricane season
Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in
By Amy Stillman (Bloomberg) –Petroleos Mexicanos, which has one of the world’s highest employee death tolls from Covid-19, is no longer distributing
By Valerie Volcovici (Reuters) – Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the
NYSE-listed offshore drilling contractor Pacific Drilling has filed for Chapter 11 bankruptcy in an effort to restructure $1.1 billion in bond debt. It’s
Norwegian energy giant Equinor has set a goal to reach net-zero emissions in line with the Paris Agreement. Earlier this year Equinor announced plans to
Oct 29 (Reuters) – As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year’s repeated oil and gas production
By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s
By Jennifer Hiller Oct 29 (Reuters) – Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not
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