Wednesday, May 19, 2021
drillship
Offshore

IEA Says Climate Goals Out of Reach with Continued Investment in Fossil Fuels

By Nina Chestney LONDON, May 18 (Reuters) – Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero emissions by mid-century,...

May 19, 2021
Total Views: 1161

Thursday, February 11, 2021
Offshore

With Oil Past Peak, Shell Sharpens 2050 Zero Emissions Goal

By Ron Bousso and Shadia Nasralla LONDON, Feb 11 (Reuters) – Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition from previous targets, as its...

February 11, 2021
Total Views: 1619

Friday, October 2, 2020
Maritime News

Noble Energy Shareholders Approve Chevron Takeover

HOUSTON, Oct 2 (Reuters) – Noble Energy shareholders on Friday approved a deal to sell the oil and gas producer to Chevron Corp, making Chevron the No. 2 U.S. shale...

October 2, 2020
Total Views: 34

Friday, June 26, 2020
Maritime News

Satellites Reveal Major New Gas Industry Methane Leaks

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...

June 26, 2020
Total Views: 72

Tuesday, April 28, 2020
oil storage tankers
Maritime News

Oil Slides After ETFs Move Into Later-Dated Contracts

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 continue to balloon....

April 28, 2020
Total Views: 5

Thursday, March 12, 2020
Maritime News

Saudi Arabia Floods Market with Cheap Oil to Squeeze Out Russia

By Olga Yagova and Gleb Gorodyankin MOSCOW, March 12 (Reuters) – Saudi Arabia has stepped up efforts to squeeze Russia’s Urals oil grade out of its main markets by offering...

March 12, 2020
Total Views: 54

Friday, April 12, 2019
lng carrier
Offshore

Chevron to Acquire Anadarko in $33 Billion Energy Mega-Merger

By John Benny and Jennifer Hiller April 12 (Reuters) – Chevron Corp on Friday said it will buy Anadarko Petroleum Corp for $33 billion in cash and stock as the company...

April 12, 2019
Total Views: 5

Friday, August 17, 2018
oil tanker loading
Maritime News

Fuel Markets Confirm Global Growth Slowdown: Kemp

By John Kemp LONDON, Aug 16 (Reuters) – If the global economy starts to grow more slowly, the impact will show up first in the price of refined fuels such as...

August 17, 2018
Total Views: 3

Thursday, August 2, 2018
Maritime News

Stalled FSRU Ready for Start-Up Off Bangladesh

By Ruma Paul DHAKA, Aug 2 (Reuters) – A vessel that arrived in Bangladesh in April to offload its maiden cargo of liquefied natural gas and moor permanently as an...

August 2, 2018
Total Views: 18

Wednesday, July 11, 2018
offshore wind turbine
Maritime News

John Browne: Oil and Gas Companies Will Lead Energy Revolution

By John Browne (Bloomberg Opinion) — When it comes to climate change, I have always been a believer: not in hand-wringing debate, not in unrealistic solutions like the elimination of hydrocarbons, but...

July 11, 2018
Total Views: 9

Thursday, June 28, 2018
News

As Mexico’s Oil Sector Sputters, Crime and Violence Rattle Industry Towns

By Gabriel Stargardter PARAISO, Mexico, June 28 (Reuters) – Until recently, Edgar Barrera enjoyed a life many Mexicans could only hope for. In a few short years, the 36-year-old bookkeeper rose...

June 28, 2018
Total Views: 10

Thursday, January 25, 2018
offshore rig north sea
News

DNV GL: Oil and Gas Industry Execs Predict ‘Step Change’ for Market in 2018

The oil and gas industry is finally shows signs of rebound more than three years since global oil prices crashed, with senior oil and gas executives expecting a ‘step change’...

January 25, 2018
Total Views: 2

Tuesday, November 21, 2017
offshore oil rig Statoil
Maritime News

Statoil Plants Flag in Big Oil’s Race for ‘Cleaner’ Crude

By Nerijus Adomaitis and Ron Bousso LONDON, Nov 21 (Reuters) – There’s oil and then there’s oil, says Norway’s Statoil, which is pitched in a race to develop the cleanest crude...

November 21, 2017
Total Views: 4

Monday, November 20, 2017
rig maintenance bergen norway
Maritime News

Norway Oil Bosses Insist End Isn’t Near After $35 Billion Shock Investment Dump

By Mikael Holter (Bloomberg) — Can Norway dump $35 billion in oil and gas investments, and simultaneously convince that same industry to throw money into the country’s own fossil-fuel future? After the...

November 20, 2017
Total Views: 16

Thursday, October 26, 2017
News

Brazil vs Mexico: Latin America’s Fight for Big Oil’s Money

By Marianna Parraga and Alexandra Alper HOUSTON/RIO DE JANEIRO, Oct 26 (Reuters) – Brazil and Mexico are competing for a diminishing resource: the investment dollars of oil majors beating a...

October 26, 2017
Total Views: 1

Tuesday, October 17, 2017
auger tension leg platform
Maritime News

Slowing Demand Growth to Push Big Oil From Cars to Chemicals

By Javier Blas (Bloomberg) — Global oil demand growth will slow to a crawl and gasoline use will peak within the next decade, prompting the world’s biggest energy companies to accelerate the...

October 17, 2017
Total Views: 11

Monday, July 10, 2017
Offshore

Statoil’s Two-Well Exploratory Drilling Campaign Offshore Newfoundland Comes Up Empty

Norwegian oil company Statoil announced Monday that its two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland did not result in the discovery of any hydrocarbons. Both wells...

July 10, 2017
Total Views: 0

Friday, November 25, 2016
Maritime News

Singapore Readies Up to $1.1 Billion for Oil & Gas-Linked Firms

SINGAPORE, Nov 25 (Reuters) – Singapore plans to offer financial assistance to its liquidity-hit marine and offshore engineering companies that could help them raise as much as S$1.6 billion ($1.1...

November 25, 2016
Total Views: 20

Thursday, November 3, 2016
keppel shipyard
Maritime News

Keppel Throws Lifeline to Struggling Oil Explorer KrisEnergy

SINGAPORE, Nov 3 (Reuters) – Rig builder Keppel Corp said on Thursday it would subscribe to a bond offer by KrisEnergy Ltd, potentially increasing its majority holding and throwing a...

November 3, 2016
Total Views: 0

Thursday, September 22, 2016
Eugen Maersk ship
Interesting

Maersk Group Announces Split

By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – The world’s biggest shipping firm, A.P. Moller-Maersk, set a new course on Thursday that will see the $30 billion firm bulk up...

September 22, 2016
Total Views: 59