Exxon Mobil Corp's bid to stave off a tiny activist fund challenging its board and response to growing climate concerns is too close to call just hours before the oil giant's annual meeting, people familiar with the matter said.Exxon's 12 directors…
Turkey's Foreign Minister Mevlut Cavusoglu said he will visit Greece on May 31 as the NATO members seek to improve ties after a dispute last year that stoked regional tensions, Turkish media reported on Wednesday.Tensions flared last year over…
A Dutch court on Wednesday ordered Royal Dutch Shell to significantly deepen its planned greenhouse gas emission cuts, in a landmark ruling that could pave the way for legal action against energy firms around the world.At a courtroom in The Hague…
Sparrows, a provider of energy industry engineering and maintenance services, has been awarded a contract by Chevron Australia to work on the Gorgon and Wheatstone natural gas projects.Sparrows said Wednesday it would support the safety and…
Oil and gas firms in Norway have increased their 2021 and 2022 investment forecasts during the last three months as more projects are being developed, a national statistics office (SSB) survey showed on Wednesday.The biggest business sector in Norway now expects to invest 181…
U.S. President Joe Biden on Tuesday said he decided to waive sanctions against the company behind the Nord Stream 2 gas pipeline because the project was nearly complete, and doing so could have harmed ties with Europe.Biden, who is preparing…
The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open new areas for leasing off the coast of California as it seeks to supercharge development of the nascent U.S. industry, an Interior Department official said on Tuesday…
Decom North Sea (DNS), a UK-based offshore decommissioning organization, this month named the winners of its 4th annual Decom Awards, honoring excellence in multiple offshore decommissioning areas.Fraser Moonie, Decom North Sea CEO said: 'The…
Australian oil and gas company Santos has started Phase 3C infill drilling program at the Bayu-Undan field, offshore Timor-Leste.Under the $235 million drilling program, sanctioned in January, Santos will drill three production wells and will develop additional natural gas and liquids reserves…
Simec Atlantis Energy (SAE) has informed that its tidal power generation facility in Naru Island, Japan, has passed the Japanese government's pre-use inspection tests. The site, which features the AR500 tidal turbine installed earlier this year…
Oil prices rose on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, while Goldman Sachs said the case for higher prices remained intact even with increased Iran exports.Brent crude oil futures for July were 90 cents…
UK-focused Tailwind Energy said Monday it had agreed to acquire BP's interest in the Shearwater offshore field for an undisclosed fee.BP holds a 27.5% non-operated interest in Shearwater, and Tailwind will acquire the whole stake owned by the British oil major…
Heavy lift and transportation firm Mammoet has acquired the linear winch fleet and associated pipe pulling equipment from J Murphy & Sons' Land & Marine unit.The acquisition includes two 800t capacity linear winches, which Mammoet says are unique…
Carbon Trust said Monday that a joint project was underway to examine the impact of increased monopile size on structural stability.The project, called the Verification of Buckling Assessment and Behaviour in Large Monopiles (VERBATIM) project is a €3 million joint industry initiative…
Peterson Energy Logistics' unit 80:20 Procurement Services has recently won a contract with the oil company Total E&P UK, a subsidiary of the French oil giant Total.The contract scope of 80:20 includes general consumables and ad-hoc material supply…
Subscribe
