TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts to the oil major's greenhouse gas emissions program after police intervened to stop climate protesters disrupting its annual general meeting. The resolution…
Prosafe, an Oslo-listed offshore accommodation rig provider, has appointed Reese McNeel, the current CFO, to interim CEO and CFO effective immediately.The decision follows after Jesper Kragh Andresen, the current CEO, said he would in April…
Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec's appointment threatened the integrity of negotiations…
Wage talks involving around 8,000 oil drilling workers in Norway broke down early on Wednesday, labor unions said, raising the risk of strike action later this year that would disrupt oil and gas exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Safe…
UK-based union Unite said Tuesday that around 1650 offshore contractors would start two new rounds of 48-hour strike action 'in an increasingly bitter dispute over jobs, pay, and conditions in the offshore sector.'Around 1650 contractors across…
Security staff shielded Shell Chief Executive Wael Sawan and the firm's board of directors as climate protesters tried unsuccessfully to storm the stage at the energy giant's annual shareholder meeting in London on Tuesday.Shell Chairman Andrew…
Trinidad and Tobago's state-owned oil company Heritage Petroleum has hired a 25-year veteran of U.S. oil and gas producer ConocoPhillips CEO, the company's chairman told Reuters on Monday. Erik Keskula was last president of Conoco's Malaysia…
UK-based union Unite said Friday that around 600 of its offshore members at Bilfinger UK Limited have rejected new pay offers, and confirmed fresh strike action will now occur in June.'New pay offers were rejected by Unite members based on the offshore assets of the operators Ithaca…
Shell will likely face one of its most acrimonious annual meetings next week as it struggles to balance investor pressure to capture profits from oil and gas and a vocal minority saying it must move faster to tackle climate change. Big Oil firms…
Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%.In a regulatory filing, the conglomerate controlled by billionaire Warren Buffett said it paid about $201 million for 3…
GE said Thursday that Rahul Ghai would become Senior Vice President and Chief Financial Officer of GE effective September 1, 2023, succeeding Carolina Dybeck Happe. Ghai will assume this role in addition to his current responsibilities as Chief Financial Officer of GE Aerospace…
Britain's Unite union on Thursday said it had signed a recognition deal with offshore operator China National Offshore Oil Corporation (CNOOC), covering around 140 workers on the Buzzard, Scott, and Golden Eagle platforms in the North Sea.CNOOC…
Saudi Arabian oil giant 2 Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company's growth plans. The newly created positions and appointments…
Nearly 200 representatives of energy industry organizations are looking to devise a plan aimed at enhancing mental health support available to North Sea workers, after a study found a large number of onshore and offshore workers experienced suicidal thoughts while on duty…
Offshore energy engineering and construction services company Lamprell has appointed a new CEO, Ian Prescott. 'With a distinguished career spanning across the oil & gas, petrochemical, mining, power and water industries, Ian has a demonstrated…
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