An Italian court acquitted Royal Dutch Shell and Italy's Eni on Wednesday of corruption in one of the oil industry's biggest court cases centered around the acquisition of a Nigerian oilfield in 2011.Italian prosecutors alleged that most of the $1…
3t Enermech, an alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has won a contract with the UK Government, 'which will help to shape future training requirements for Mozambique’s growing oil and gas workforce…
Energy infrastructure engineering and construction giant John Wood Group (Wood) said Tuesday its subsidiary WGPSN had reached a civil settlement with Scotland's Civil Recovery Unit 'in relation to the historical engagement of Unaoil by a legacy joint venture and potential unlawful conduct…
Following Monday's confirmation of the U.S. Representative Deb Haaland as Secretary of the Interior, the U.S. National Ocean Industries Association (NOIA), representing interests of the country's offshore energy industry, said it was ready to…
U.S. Representative Deb Haaland was confirmed on Monday as Secretary of the Interior, becoming the first Native American to lead a cabinet agency and securing a central role in President Joe Biden’s sweeping plans to fight climate change.The U…
The activist investor leading a proxy fight to reshape Exxon Mobil Corp on Monday named the four directors it wants shareholders to remove at the oil company's upcoming annual general meeting.The investor, Engine No. 1, is a small fund that last year took on the top U…
U.S. offshore support vessel company Tidewater has announced the promotion of two key members of the company’s executive team, Sam R. Rubio and David E. Darling, to the positions of Chief Financial Officer and Chief Operating Officer, respectively…
Oil and gas company Noreco has appointed John Hulme as Chief Operating Officer (COO), effective Monday.'Mr Hulme brings 30 years of global experience in the oil and gas industry. He was most recently Country Manager for Sapura Energy E&P business in Malaysia…
Philippe Kavafyan, former CEO of offshore wind turbine maker MHI Vestas Offshore Wind has been appointed as new board member at the Danish offshore vessel operator Maersk Supply Service.'As former CEO of MHI Vestas Offshore Wind, Kavafyan comes…
Offshore wind developer Ørsted has appointed Madeline “Maddy” Urbish as Head of Government Affairs and Policy for New Jersey, a state which has set a goal of 7,500 MW of offshore wind energy by 2035.Ørsted said Urbish would be responsible for…
Royal Dutch Shell Chief Executive Ben van Beurden's pay package dropped by 42% to $7 million in 2020, a year in which the coronavirus pandemic pushed the energy company to a historic dividend cut following a collapse in profits.Van Beurden,…
Oil giant Shell has announced the appointment of Sir Andrew Mackenzie as the new company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021.Mackenzie, a former BHP Billiton CEO, will succeed…
Norwegian offshore energy services company Aker Solutions has appointed Marianne Hagen has been appointed executive vice president for sustainability and communications in a push to expand its work on sustainability.'Last year, Aker Solutions…
Brazil's state-run oil firm Petrobras said on Wednesday that the government has nominated a further two individuals as potential members of the firm's board of directors, to be voted on at the upcoming extraordinary general meeting.This comes after Petroleo Brasileiro SA…
Chevron Corp on Tuesday reaffirmed its lower spending plans, doubled the targeted savings from its Noble Energy deal, and unveiled new carbon intensity reduction goals, hoping to woo investors seeking higher returns and lower environmental impact…