trends

(Bloomberg) – Shell Plc is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector. The British oil […]

(Bloomberg) – Former Pioneer Natural Resources Co. Chief Executive Officer Scott Sheffield says federal regulators mischaracterized facts and wrongly vilified him in saying he tried to collude with OPEC to prop up crude prices, Fig. […]

(WO) – TotalEnergies, together with the operator Petrobras and their partners in the Atapu and Sépia consortiums, have taken the Final Investment Decision (FID) for the second development phase of Atapu and Sépia fields, located […]

(WO) – CNOOC Limited’s wholly-owned subsidiaries have entered into petroleum exploration and production concession contracts (EPCCs) with the Ministry of Mineral Resources and Energy of Mozambique (MIREME) and Empresa Nacional de Hidrocarbonetos (ENH) for five […]

(WO) — SLB has announced the award of a sizeable contract by Equinor to its OneSubsea joint venture. The award leverages an existing long-term contract for the execution of the second stage of Phase 3 […]

(AUSTIN) – On May 17, 2024, the U.S. Department of Fish and Wildlife Services (USFWS) announced it would be listing the Dune Sagebrush Lizard as an endangered species under the Endanger Species Act (ESA). […]

(Bloomberg) – Colombia is targeting oil productiton of 1 MMbpd by pressuring drillers to step up activity in underused exploration blocs, according to the nation’s top energy official. The Andean nation is also […]

(Bloomberg) – Petrobras’s board of directors appointed Magda Chambriard as the state-controlled oil giant’s next chief executive officer, who enters the job with a clear mandate to ramp up investments in sectors including refining. […]

(Bloomberg) – OPEC+ will hold next month’s policy meeting online rather than in person, while several delegates said they expected the group to extend its current supply cuts into the second half of the year. […]

(WO) –HSM Offshore Energy has entered into a long-term lease agreement with Hollandia, for the use of the Stormpolder yard in Krimpen aan den IJssel. This strategic location aligns with HSM Offshore Energy’s expansion plans […]