Catastrophic damage to power lines and communications outages on Monday weighed on U.S. Gulf Coast refineries' post-Hurricane Laura assessments and on offshore oil and gas production.Energy companies continued to inspect and restart offshore…
An offshore natural gas pipeline that serves four major U.S. Gulf of Mexico production platforms remained out of commission on Monday, pipeline operator Enbridge Inc said, following Hurricane Laura's destructive path through the area.Energy…
Norwegian oil and gas firm Equinor is set to cut jobs significantly in the United States, Canada and Britain to adjust to a fall in oil prices, a company spokesman said on Wednesday.The group plans to cut employee numbers in those countries…
Oil rose towards $46 a barrel on Wednesday, near the highest since March, lifted by U.S. producers shutting most of their offshore Gulf of Mexico output ahead of Hurricane Laura and a report showing a drop in U.S. crude inventories.Renewed worries over the COVID-19 pandemic…
Oil and gas company Noble Energy has set a date for a shareholder vote on the company's proposed takeover by Chevron.As previously reported, Chevron in July announced a deal to acquire Noble Energy in an all-stock deal valued at around $5 billion…
Crude oil prices rose on Tuesday, supported by production cuts in the U.S. Gulf Coast as Tropical Storm Laura was forecast to become a major hurricane while rising coronavirus cases in Asia and Europe capped gains.Brent crude oil futures added 37 cents…
The Louisiana Offshore Oil Port (LOOP), the largest privately-owned crude terminal in the United States, on Sunday shut its Marine Terminal operations due to the threat of Tropical Storms Marco and Laura in the Gulf of Mexico.Clovelly Hub deliveries remain normal…
Crude oil prices remained steady on Monday as storms closed in on the Gulf of Mexico, shutting more than half the region's oil production, although prices were capped by ongoing concerns about fuel demand being sapped by coronavirus lockdowns…
BP and Shell on Friday said they had begun evacuating offshore oil facilities as two tropical cyclones head toward the U.S Gulf of Mexico, with the already active 2020 Atlantic hurricane season heating up further.BP said it had begun the process…
A pair of tropical cyclones forecast to become hurricanes early next week are headed for the U.S. Gulf Coast and will spin over the Gulf's warm waters simultaneously, a rare weather event that could cause massive disruption as they make landfall…
Offshore training provider Maersk Training has partnered up with Bristol Community College’s National Offshore Wind Institute (NOWI) in Massachusetts, United States.NOWI’s basic safety training modules include the areas of first aid, manual handling…
Two of the world’s largest offshore oil and gas producing nations have agreed to share expertise in offshore oil and gas, offshore wind energy and seabed minerals.The U.S. Department of Interior (DOI) signed a Memorandum of Understanding (MoU)…
BAR Technologies and Chartwell Marine have received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for the design and construction of a BAR 30m crew transfer vessel (CTV) aimed for operations in the growing U.S. offshore wind sector…
The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthen extensions to remote wells, a U.S. official said on Monday.Oil companies operate 68 offshore deepwater platforms in the Gulf of Mexico…
Apollo Global Management will acquire a share in US Wind, an offshore wind energy development company, via an investment of up to $265 million.'Apollo Funds have committed to invest through convertible debt and equity up to $265 million to acquire…