offshore oil and gas

By Jake Spring MADRID, Dec 9 (Reuters) – Brazil will push to expand oil drilling in its massive “pre-salt” oil and gas area off its coast in

By Rachel Adams-Heard and Simon Casey (Bloomberg) –Apache Corp. tumbled after the company’s update on a closely watched exploratory oil well off the

By Nina Chestney LONDON, Nov 13 (Reuters) – Growth in global oil demand is expected to slow from 2025 as fuel efficiency improves and the use of electric

By David Wethe and Allison Mccartney (Bloomberg) –Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a

By Marianna Parraga, Gram Slattery and Marta Nogueira RIO DE JANEIRO, Nov 7 (Reuters) – Major global oil firms snubbed a second Brazilian oil auction in

By Sabrina Valle, Peter Millard and Luiza Ferraz (Bloomberg) –Brazil’s largest-ever auction of oil deposits flopped, sending the real tumbling, after

By Nerijus Adomaitis OSLO, Nov 5 (Reuters) – Environmental groups urged a Norwegian appeals court on Tuesday to take emissions from the country’s

By Peter Millard (Bloomberg) –Exxon Mobil Corp. could take a pass on what it considers the world’s top deep-water oil discovery when Brazil puts the

By Jennifer A. Dlouhy (Bloomberg) –The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a

By Bloomberg News (Bloomberg) –Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South

By Ron Bousso LONDON, Oct 14 (Reuters) – Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest

A company owned by a group of French banks has made a takeover offer for beleaguered offshore services company Bourbon Corporation as part of the company’s

SINGAPORE, Oct 7 (Reuters) – Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm

Deepwater drilling contractor Transocean says it has deployed that world’s first hybrid battery system on floating drilling rig to supplement power needs

By Peter Millard and Kelly Gilblom (Bloomberg) –It was supposed to be BP Plc’s big Brazilian breakthrough after years of setbacks in one of the

By David Alire Garcia MEXICO CITY, Sept 30 (Reuters) – When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf

Offshore drilling contractor Transocean has decided to walk away from two drillships under construction at South Korea’s Samsung Heavy Industry. In a

By Erwin Seba HOUSTON, Sept 19 (Reuters) – Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding

By Mikael Holter – (Bloomberg) –Offshore drilling executives are trying to win back investors who have fled their stocks over the past year,

By Timothy Gardner WASHINGTON, Sept 11 (Reuters) – The U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off