offshore oil and gas

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

By Mike Jeffers (Bloomberg) — Oil fell after the biggest oil ETF said it would sell out of its June WTI futures position as physical oil storage levels

By Helen Robertson (Bloomberg) — The U.K.’s oil and gas industry could lose as many as 30,000 jobs over the next 12–18 months and see drilling

Maersk Drilling says it is taking steps to reduce its offshore crew pool as it stacks North Sea rigs in light of the COVID-19 pandemic and crash in oil

By David Wethe and Jeremy Hill (Bloomberg) — Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an

By Mike Spector and David French April 21 (Reuters) – Offshore oil driller Valaris PLC is preparing to start talks with creditors to see if they can

By Jennifer A. Dlouhy and David Wethe (Bloomberg) — Inside more than a thousand offshore drilling rigs and oil production platforms that dot the Gulf of

DUBAI, March 31 (Reuters) – Abu Dhabi-based Gulf Marine Services (GMS) said on Tuesday it had reached an agreement with its syndicate of banks to

By Rachel Graham and Anna Shiryaevskaya (Bloomberg) — The coronavirus pandemic is delaying vital maintenance across the oil and natural gas industries

WASHINGTON, March 20 (Reuters) – Lawmakers representing U.S. Gulf coast states on Friday asked Interior Secretary David Bernhardt to temporarily cut the

By Nerijus Adomaitis OSLO, March 16 (Reuters) – Equinor will extend its employees’ shifts at offshore platforms to 21 days from 14 days to reduce

LONDON, March 12 (Reuters) – Britain’s oil and gas sector association OGUK on Thursday banned people from travelling

By Mathew Carr (Bloomberg) — A group of U.K. North Sea oil and natural gas producers face an ambitious government-mandated target to cut their emissions

Norwegian energy firm Equinor says it is halting exploration drilling in the Great Australian Bight offshore southern Australia.  The move comes after a

By Nerijus Adomaitis OSLO, Feb 4 (Reuters) – Norway may restrict oil firms’ access to offshore resources in the Arctic by moving the so-called

(Reuters) – U.S. oilfield services provider McDermott International Inc said on Tuesday it would file for prepackaged bankruptcy protection under Chapter

Offshore drilling contractor Transocean has announced nearly $353 million in new rig contracts and exercised options as the offshore drilling market continues