Keppel Posts Huge First Half Loss on Rig Building Impairments
SINGAPORE, July 30 (Reuters) – Singaporean conglomerate Keppel Corp reported a loss in the first half of 2020 due to impairments in its offshore and
SINGAPORE, July 30 (Reuters) – Singaporean conglomerate Keppel Corp reported a loss in the first half of 2020 due to impairments in its offshore and
By Peter Millard (Bloomberg) –Royal Dutch Shell Plc has just drilled a dry hole in Brazil’s premier offshore region, a sign state-controlled Petrobras
By Ryan Hesketh (Bloomberg) –The U.K. oil and gas industry says blanket testing of its workers is essential to avoid Covid-19 outbreaks offshore, but the
By Mikael Holter and Lars Erik Taraldsen (Bloomberg) –Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to
By Gram Slattery RIO DE JANEIRO, July 13 (Reuters) – On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil’s state-run oil
By Liz Hampton July 9 (Reuters) – A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and
By Paul Burkhardt (Bloomberg) –Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of
By Shadia Nasralla LONDON, June 26 (Reuters) – Last fall, European Space Agency satellites detected huge plumes of the invisible planet-warming gas
By Liz Hampton and Nerijus Adomaitis DENVER/OSLO, June 24 (Reuters) – The companies that operate offshore drilling rigs for major oil producers face a
By Amanda Jordan and Laura Hurst (Bloomberg) –The U.K. offshore oil and gas industry pledged to cut emissions from its operations by half in the next
By Lars Erik Taraldsen and Mikael Holter (Bloomberg) –Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has
By Amy Stillman and Peter Millard (Bloomberg) –Mexico’s state oil giant is suspending contracts with service providers and suppliers, triggering
By Peter Millard, Laura Hurst and David Wethe (Bloomberg) –Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and
By Erwin Seba HOUSTON, June 4 (Reuters) – As oil and gas companies began shutting offshore production before the first tropical storm of the season in
By Brian K. Sullivan (Bloomberg) –Tropical Storm Cristobal, now gaining strength in the southern Gulf of Mexico, could grow into a hurricane as it moves
Subsea 7 has released details of its cost reduction program which it alluded to in its first quarter earnings report released April 30. As previously
By Kevin Crowley and Rachel Adams-Heard (Bloomberg) –Chevron Corp. is planning a 10% to 15% reduction in its global workforce this year, the biggest cut
By Gram Slattery and Marta Nogueira RIO DE JANEIRO, May 26 (Reuters) – Norway’s Equinor ASA , Brazil’s Dommo Energia SA and Anglo-French firm
By Rozanna Latiff and A. Ananthalakshmi KUALA LUMPUR, May 12 (Reuters) – An oil exploration vessel contracted by Malaysian state energy company Petronas
By Javier Blas (Bloomberg) — Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy
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