The environmental regulator in Australia's Northern Territory charged Japanese energy giant Inpex in court on Wednesday with under-reporting emissions from its Ichthys liquefied natural gas (LNG) plant near Darwin.The charges cover alleged licence breaches…
Brazil's Petrobras is reassessing a major natural gas infrastructure investment in Brazil amid regulatory uncertainty surrounding a proposed government program that could also impact a project by Norway's Equinor, sources told Reuters.The proposal…
Intermoor, Acteon's moorings and anchors business line, has secured a three-year contract from Petrobras to provide inspection, preservation, maintenance and operational readiness services for subsea interconnection, mooring and anchoring equipment supporting offshore operations in Brazil…
Petrobras has confirmed a new gas discovery at the Sandia-1 exploratory well in the GUA-OFF-0 block in deep waters offshore Colombia, further expanding the identified gas potential of the country's offshore basin.The Sandia-1 well is located about 42 kilometers from the Colombian coast in 1…
ADNOC, in collaboration with SLB, has deployed an artificial intelligence (AI)-enabled Real-Time Operations Center (RTOC) platform across its fleet of more than 120 drilling rigs, aiming to improve drilling performance, reduce engineering effort…
Oil prices rose on Tuesday as a diplomatic resolution to the U.S.-Iran conflict remained uncertain, while disruptions to oil flows through key shipping routes persisted.Front-month Brent futures LCOc1 rose $1.04, or 1.24%, to $84.81 a barrel…
U.S. President Donald Trump accused ExxonMobil and Chevron on Monday of making 'too much money' off higher fuel prices and said the oil giants should 'give some of that back to the public,' a notable break from his usual alliance with the industry…
Valaris has completed a two-well workover and completion campaign for BP offshore Trinidad, with its VALARIS 249 jack-up rig finishing the program nearly 17 days ahead of schedule.The company credited the performance of the VALARIS 249 crew for delivering the campaign safely…
BP's second-quarter profit more than doubled to $5.73 billion on higher oil and gas prices and strong refining margins, it reported on Tuesday, as CEO Meg O'Neill outlined the energy group's priorities.Oil majors have benefited this year from market volatility caused by the U…
India's Oil and Natural Gas Corp will reserve half of its planned 1.75 million metric ton (about 13 million barrels) oil storage facility to meet the country's strategic needs, junior oil minister Suresh Gopi told lawmakers on Monday.ONGC, India's top oil explorer…
Worley has secured a framework agreement by Inpex Operations Australia to support the company's operations in Australia, extending a relationship that has spanned more than a decade.Under the agreement, Worley will have the opportunity to provide engineering services for Inpex’ Australian projects…
Offshore drilling contractor Odfjell Drilling has returned to service its Deepsea Atlantic rig semi-submersible rig following an equipment handling incident in April that left the unit off hire for 106 days.The company said the rig resumed operations…
Subsea7 has been awarded a sizeable contract by Brunei Shell Petroleum (BSP) for a pipeline replacement project offshore Brunei.The contract covers the engineering, procurement, construction and installation (EPCI) of subsea pipeline and riser…
Chevron surpassed analyst estimates for second-quarter earnings on Friday, reporting its highest quarterly profit in at least six years as the U.S.-Israeli war with Iran disrupts world energy markets, boosting profits for the biggest oil companies…
ExxonMobil missed Wall Street estimates for second-quarter profit on Friday, despite notching its biggest quarterly profit in four years amid higher oil prices and improved refining margins driven by the ongoing U.S.-Israeli war with Iran.Adjusted earnings rose 67% from the first quarter to $14…