By John Kemp LONDON, Sept 15 (Reuters) – Like other technology shifts, energy transitions provoke strong responses because they involve changes in lives and livelihoods, that go far beyond narrow...

By Jennifer A. Dlouhy and Jennifer Jacobs (Bloomberg) –President Donald Trump is set to endorse an extended ban on offshore oil development on Florida’s western coast as he courts voters worried...

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 energy-producing region as a category...

By Erwin Seba HOUSTON, Aug 25 (Reuters) – The U.S. energy industry on Tuesday was preparing for a major hurricane strike, cutting crude production at a rate approaching the level...

By Lefteris Papadimas and Tuvan Gumrukcu ATHENS/ANKARA, Aug 25 (Reuters) – Germany’s top diplomat said after whirlwind meetings in Turkey and Greece on Tuesday the two were ready for dialog...

By David Wethe and Allison McNeely (Bloomberg) Offshore oil servicers are going bust at the fastest pace in three years as explorers spurn high-cost drilling to deal with a worldwide...

Offshore support vessel company Hermitage Offshore Services (NYSE:PSV) has announced that it and 28 of its vessel-owning subsidiaries have filed for Chapter 11 bankruptcy. The voluntary petitions for reorganization were...

By David Wethe (Bloomberg) –Transocean Ltd. has tapped Lazard Freres & Co. LLC to be its financial adviser as the world’s biggest owner of deepwater oil rigs confronts history’s worst...

By Ryan Hesketh (Bloomberg) –North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an already dangerous operating environment,...

By David Wethe (Bloomberg) –Noble Corp., the offshore drilling contractor, filed for bankruptcy after the crash in crude prices made undersea oil wells too expensive to compete. The Chapter 11...

By Jennifer Hiller HOUSTON, July 31 (Reuters) – Chevron Corp on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from plummeting fuel prices, a forced...

SINGAPORE, July 30 (Reuters) – Singaporean conglomerate Keppel Corp reported a loss in the first half of 2020 due to impairments in its offshore and marine business that has been...

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 may have already grabbed the best oil...

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 authorities have so far refused...

By Mikael Holter and Lars Erik Taraldsen (Bloomberg) –Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to revive struggling oil-service firms and seize...

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 company Petrobras checked into...

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 a...

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 exploration in a...

By Shadia Nasralla LONDON, June 26 (Reuters) – Last fall, European Space Agency satellites detected huge plumes of the invisible planet-warming gas methane leaking from the Yamal pipeline that carries...

By Liz Hampton and Nerijus Adomaitis DENVER/OSLO, June 24 (Reuters) – The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four...