trends

(Bloomberg) — U.S. President Joe Biden said he’s disappointed by the surprise OPEC+ decision to slash oil production but that he doesn’t regret a trip to Saudi Arabia just three months ago in which he […]

(Bloomberg) — OPEC+ agreed to cut its collective output limit by 2 million barrels day as it seeks to halt a slide in oil prices caused by the weakening global economy. It’s the […]

Schlumberger announced it has entered into a partnership with Gradiant, a global water solutions provider, to introduce a key sustainable technology into the production process for battery-grade lithium compounds. As part of Schlumberger’s NeoLith Energy […]

Lisa Edvardsen Haugan has been appointed as the new President of Kongsberg Maritime, the largest business area of KONGSBERG. She takes the helm after Egil Haugsdal. Lisa Edvardsen Haugan Edvardsen Haugan has long […]

(Bloomberg) — The world’s biggest oil company reiterated its warning that producers’ spare capacity is running low and said there wouldn’t be any left once China ends its Covid Zero strategy. “The world […]

(Bloomberg) — Russian energy giant Gazprom PJSC will allow Hungary to delay payments for natural gas if necessary, as soaring imports threaten to upend the country’s already strained budget. The delay is for […]

(Bloomberg) — OPEC+ will consider cutting oil output by more than 1 million barrels a day, according to delegates, when it meets in person on Wednesday for the first time in more than two years. […]

(Bloomberg) — Skyrocketing oil prices have helped make oil and gas producers the best performers in the stock market this year, triggering a rapid rise in dividend payments and a bonanza of special dividends. […]

Salunda Limited announced an exclusive license agreement with Transocean to make, develop and sell HaloGuard®, the offshore drilling industry’s first safety system that integrates camera and sensor technology with drilling equipment and machine controls. […]

Vincent Van Quickenborne, Belgian Federal Deputy Prime Minister and Minister for the North Sea, Zuhal Demir, Flemish Minister for The Environment and Energy, and Dan Jørgensen, the Danish Minister for Climate, Energy and Energy Supply, […]