Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…
Britain's Harbour Energy on Thursday forecast 2026 production of 435,000 to 455,000 barrels of oil equivalent per day (boepd), excluding the impact of planned asset sales and the company's $3.2 billion acquisition of LLOG.The figures are lower than the 474…
Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S. Gulf of Mexico for more than $5 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.The asset manager has…
JERA Nex bp is acquiring EnBW’s stake in the Mona Offshore Wind Farm and has signed a lease agreement with The Crown Estate for the project, marking an important milestone for the company and for the UK’s offshore wind ambitions.This is a significant…
Vineyard Wind, a nearly completed offshore wind project off the coast of Massachusetts, asked a federal court on Thursday to block the Trump administration's suspension of the industry in federal waters.The filing came the same day a federal…
German utility EnBW said on Thursday it was taking a 1.2 billion euro ($1.4 billion) impairment charge after pulling out of two wind projects in Britain, a direct consequence of losing out in a landmark UK offshore tender.The two offshore wind…
Woodside Energy Trading Singapore has signed a sale and purchase agreement with Japan’s JERA for the supply of liquefied natural gas (LNG) during Japan’s peak winter period, strengthening long-term LNG supply arrangements between the two companies…
A U.S. judge will rule on Thursday on whether to allow Norwegian offshore wind developer Equinor to resume construction of the Empire Wind project off the coast of New York in a lawsuit over the Trump administration's suspension of the industry…
The U.S. Treasury Department on Wednesday extended a license by more than a month - until February 28 - for companies to talk with Russian energy company Lukoil about buying its foreign assets.President Donald Trump imposed sanctions on Lukoil and Rosneft…
Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has completed the sale of Skandi Atlantic anchor handling tug supply (AHTS) vessel.The purchase price for the vessel is $22.5 million, Akastor said, without disclosing further details about the buyer…
TotalEnergies has agreed to sell its interests in Nigerian asset, while launching a new petroleum products trading joint venture in the Middle East, as the French energy major continues to reshape its portfolio and expand its downstream trading activities…
Venezuela's state oil company has begun reopening some of the wells it and its joint venture partners had shut amid a strict U.S. embargo, as crude exports resume with two shipments departed on Monday, three sources close to operations said…
At least two supertankers, not under sanctions, were departing Venezuelan waters on Monday carrying crude, according to monitoring service Tankertrackers.com and shipping records from state-run company PDVSA seen by Reuters.Venezuela's oil exports…
A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump's administration halted along with four other projects last month.The ruling by U…
A U.S. judge on Monday will consider a request from Danish energy company Orsted for an injunction against the Trump administration's decision to halt its $5 billion Revolution Wind project off the coast of Rhode Island.The company's lawsuit…