The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it had completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area, located 20 miles offshore northern California…
Brazil's government is trying to add the 12th block to an auction of oil exploration areas expected later this year, an Energy Ministry official said on Tuesday at the Offshore Technology Conference (OTC) in Houston.The Ametista block is located…
Austrian oil and gas group OMV reported better-than-expected first-quarter results on Friday as higher market prices and gains across all units more than offset a hit from impairments related to the discontinued Nord Stream 2 project.OMV said its adjusted operating income grew to 2…
Malaysian oil and gas company Petronas has withdrawn from Blocks M12, M13, and M14 located in the Yetagun field, offshore Myanmar.'The decision was made following a thorough techno-commercial review in alignment with Petronas' asset rationalization…
Dutch heavy lifting and transportation company Mammoet in February said it was investigating a possible violation of its intellectual property rights by Dutch crane maker Huisman and Danish crane specialist BMS.'The investigation concerns the recently announced series of land cranes…
German climate activists turned off crude oil pipelines at five locations on Wednesday, demanding the country look for other ways to reduce its dependence on Russian gas than starting new fossil fuel-based infrastructure projects such as deep-sea drilling…
Energy giant Shell is in talks with some Chinese companies to sell its stake in a major Russian gas project amid sanctions imposed on Moscow over its invasion of Ukraine, The Telegraph reported on Thursday.The London-listed company is in joint talks with Chinese state-run oil companies CNOOC Ltd…
Argentina has extended a concession held by energy firms Total Austral, Wintershall Dea Argentina, and Pan American Sur for 10 more years until 2041, and approved an investment plan for $700 million, according to a government decree published on Tuesday…
Romania's OMV Petrom on Wednesday welcomed changes to an offshore gas tax law filed by the government in Bucharest last week as a 'much-needed' step for the development of Black Sea gas.Gas producers have spent 15 years and billions of dollars…
Romanian Prime Minister Nicolae-Ionel Ciucă last Friday, with the other two leaders of the ruling coalition, Marcel Ciolacu and Kelemen Hunor, signed the Offshore Law, aimed at ensuring stability and legislative predictability for oil and gas…
Crown Estate Scotland, a government body that manages the Scottish seabed rights, has confirmed that all 17 successful ScotWind offshore wind leasing round applicants now have option agreements in place meaning that their projects can move into the development stage…
ExxonMobil's sale to NEO of interests in 13 producing fields – including the Elgin Franklin fields, operated by TotalEnergies, took longer than expected to complete, prompting an investigation by the regulator in the UK - Image for illustration…
For illustration - Gazprom Neft's Prirazlomnaya platform -Credit:Wp.klecha/Wikimedia CommonsMajor global trading houses are planning to reduce crude and fuel purchases from Russia's state-controlled oil companies as early as May 15, sources said…
China's top offshore oil and gas producer CNOOC Ltd. is preparing to exit its operations in Britain, Canada, and the United States, because of concerns in Beijing the assets could become subject to Western sanctions, industry sources said.Ties…
Danish energy group Ørsted on Friday reiterated that it has no intention of paying Russia's state-controlled gas company Gazprom in roubles and said the decision was not politically motivated.Russian President Vladimir Putin has demanded foreign…