April 16 (Reuters) – The U.S. Interior Department on Friday sought to erase the Trump administration’s pro-fossil fuels legacy from the nation’s public lands by revoking a suite of policies...

By Yereth Rosen ANCHORAGE, Alaska, April 13 (Reuters) – A federal appeals court on Tuesday confirmed bans on offshore oil leasing in most federal Arctic waters and in the Atlantic after...

By Eric Roston (Bloomberg) — Fifty miles southeast of Grand Isle, La., sits the Lena, which used to be an oil rig owned by ExxonMobil. After the site stopped producing oil,...

Norwegian energy company Equinor has announced a new oil discovery at a well near the Johan Castberg field in the Barents Sea. Equinor and its partners Vår Energi and Petoro...

By Ari Natter (Bloomberg) — Jennifer Granholm used her first speech as U.S. Energy Secretary to warn oil and gas companies they risk being left behind unless they embrace a transition...

By Andres Guerra Luz (Bloomberg) — Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback...

SINGAPORE, Feb 9 (Reuters) – China’s offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform to its deepsea gas project...

By Jennifer A. Dlouhy (Bloomberg) — The Biden administration has issued at least 31 new drilling permits authorizing operations on federal land and coastal waters, despite an order putting political appointees...

By Valerie Volcovici and Jeff Mason WASHINGTON, Jan 27 (Reuters) – President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil...

By Umberto Bacchi Jan 13 (Thomson Reuters Foundation) – Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to...

By Nerijus Adomaitis OSLO, Jan 12 (Reuters) – Norway’s oil and gas reserves have made it one of the world’s wealthiest countries but its dreams for deep-sea discovery now center...

By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million barrels a day from next month, while most of the...

By Jessica Resnick-Ault NEW YORK, Dec 3 (Reuters) – The U.S. Bureau of Safety and Environment Enforcement, which overseas offshore oil and gas production, said it will consider lower royalty payments for...

By Nicolas Parasie (Bloomberg) — Abu Dhabi National Oil Co. is a potential contender to buy a local offshore oil-services firm that counts the state-owned crude producer among its major clients,...

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 in high bids on...

By Sheela Tobben (Bloomberg) –It’s the year of the unprecedented and the hurricane season has been no exception. A record-breaking hurricane season shut in an OPEC-nation amount of oil during...

Nov 11 (Reuters) – ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. The discovery was made northwest...

By Kevin Crowley (Bloomberg) –Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven collapse in crude demand. The California oil titan...

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 halts were already hitting energy firms’...

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 biggest oil explorer as it...