offshore oil and gas

By Jennifer A. Dlouhy (Bloomberg) — A former lobbyist who has played a leading, behind-the-scenes role at the Interior Department driving Trump

The U.S. Coast Guard has partially assumed federal control over the operation to contain an oil dishcarge from the site of MC20 platform in the U.S. Gulf of

By Mikael Holter (Bloomberg) — A key climate report commissioned by the Norwegian government warned that climate change could hurt the value of its

OSLO, Dec 12 (Reuters) – Norway’s Petroleum Safety Authority (PSA) has told Transocean , Maersk Drilling and Odfjell Drilling to beef up emergency

By Harriet McLeod CHARLESTON, S.C., Dec 11 (Reuters) – Environmental groups opposed to offshore drilling sued the federal government on Tuesday to

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and

By Shadia Nasralla LONDON, Nov 27 (Reuters) – Scottish marine salvage group Ardent is adapting the tanks it used to refloat the Costa Concordia, the

By Kelly Gilblom (Bloomberg) — BP Plc has seen first oil from its giant Clair Ridge development in the North Sea, helping arrest decades of

Oil major Chevron (NYSE:CVX) has announced the start of crude oil and natural gas production from the Chevron-operated Big Foot deepwater project in the U.S.

By Michael Carr – Each of American Salvor’s four 6,000 lb. anchors were attached to its own huge winch by hundreds of feet of 1.5-inch diameter

By Elisha Bala-Gbogbo (Bloomberg) — When it comes to the future of its oil industry, Nigeria is looking miles out to sea. By early next year,

By Sabrina Valle (Bloomberg) — Brazil’s President-elect Jair Bolsonaro is staring at an oil windfall. After a decade of stagnant production, Brazil’s

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration has authorized Hilcorp Energy Co.’s plan to build an artificial gravel island in the

By Sabrina Valle and Kevin Crowley (Bloomberg) — In a single year, Exxon Mobil Corp. has gone from being a tiny bit player in Brazil to the

By Chiara Albanese (Bloomberg) — Saipem SpA is looking beyond black gold, to green. The Italian oil-services provider, which builds projects for the

By John Benny Oct 15 (Reuters) – Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs

By Kevin Crowley and David Wethe (Bloomberg) — Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it’s home runs or bust.

By Mikael Holter (Bloomberg) — Chevron Corp. is selling its last remaining oil exploration license in Norway, putting it one step closer to a full

By Ron Bousso LONDON, Oct 3 (Reuters) – Executives at the world’s biggest oil and gas companies are under growing pressure to loosen the purse

By David French and Jessica Resnick-Ault Oct 2 (Reuters) – Exxon Mobil Corp is exploring the sale of many of its U.S. Gulf of Mexico assets, as higher