offshore oil and gas

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 Kevin Crowley (Bloomberg) –Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven

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 Christopher Yasiejko (Bloomberg) –The Trump administration was sued by several environmental groups that claim it has violated the Endangered Species

ANKARA, Oct 21 (Reuters) – Turkey said on Wednesday it extended the stay of its Oruc Reis survey vessel and two other ships in a disputed area of the

By Nerijus Adomaitis OSLO, Oct 20 (Reuters) – A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has

The U.S. Bureau of Ocean Energy Management (BOEM) will offer approximately 78 million acres in the Gulf of Mexico for a region-wide lease sale now scheduled

By Claire Jiao and Cecilia Yap (Bloomberg) –The Philippines lifted its moratorium on oil and gas exploration in disputed areas of the South China Sea, a

By Nerijus Adomaitis OSLO, Oct 9 (Reuters) – Norwegian oil firms struck a wage bargain with labour union officials on Friday, ending a 10-day strike that

By Allison McNeely (Bloomberg) — Measures taken by Transocean Ltd. to stave off a bankruptcy filing could be exactly what ends up sending the offshore

By Nerijus Adomaitis OSLO, Oct 6 (Reuters) – Norway’s Lederne labour union has made a new proposal to oil companies to try to resolve a dispute

By John Kemp LONDON, Sept 29 (Reuters) – Policymakers in many countries have outlined plans for an ambitious transition from a system dominated by oil,

SINGAPORE, Sept 29 (Reuters) – Singaporean conglomerate Keppel Corp said on Tuesday it had identified assets worth S$17.5 billion ($12.8 billion) that

The Government of Canada will provide CAD $320 million (USD $238 million) to support offshore oil and gas industry jobs in Newfoundland and Labrador amid the

By David Wethe and Jennifer A. Dlouhy (Bloomberg) –The U.S. is looking to tighten requirements on bonds issued by a growing number of bankrupt oil

By John Kemp LONDON, Sept 15 (Reuters) – Like other technology shifts, energy transitions provoke strong responses because they involve changes in lives

By Jennifer A. Dlouhy and Jennifer Jacobs (Bloomberg) –President Donald Trump is set to endorse an extended ban on offshore oil development on

Nearly a third of the U.S. Gulf of Mexico’s oil production and a quarter of natural gas production remains shut-in after Laura blew through the