Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift more swiftly towards renewables and low-carbon energy, the chief executive said on Thursday…
Wartsila will scale down its manufacturing in Trieste, Italy, in a move that might involve about 450 job cuts, the Finnish engineering group said on Thursday.Wartsila said it plans to centralize its 4-stroke engine manufacturing in Vaasa, Finland…
The head of Libya's National Oil Corp (NOC) on Wednesday rejected the prime minister's authority to sack him, raising the prospect of an open struggle for control of the state energy producer.In a furious televised speech, Mustafa Sanalla said…
UK-based North Sea Transition Authority (NSTA), a government body responsible for regulating and influencing the oil, gas, and carbon storage industries, appointed Stuart Payne as its new Chief Executive.Payne, who currently serves as NSTA Supply Chain…
Shell on Monday told customers it would be unable to supply liquefied natural gas (LNG) cargoes from its Prelude facility off northwestern Australia due to industrial action over a pay fight, which has been extended to July 21.Shell has stopped…
Marine data acquisition services company TDI-Brooks announced it has named Rich Hendren Ph.D. to its executive leadership team as Vice President of Operations Integrity and Quality DevelopmentHendren retired from the U.S. Navy after over 30 years of service in submarines…
José Eduardo dos Santos, who ruled Angola for nearly four decades, winning a brutal civil war and overseeing an oil-fuelled boom that did little to alleviate poverty, died on Friday. He was 79 years old.The presidency said Dos Santos died at the Barcelona Teknon clinic…
Oil and gas company Equinor said Wednesday that its Gudrun, Oseberg South, Oseberg East offshore fields had started run-up of production, after the strike among members of the Norwegian Organisation of Managers and Executives (Lederne) was called off…
The Irish-based oil and gas company Providence Resources, focused on developing the Barryroe field in the Celtic Sea, off Ireland, has appointed Alan Curran as Interim Chief Executive effective.Following Curran's appointment, James Menton reverts to his role as non-executive Chairman of the Board…
Mohammad Barkindo, the outgoing secretary-general of OPEC who played a key role in forming the wider OPEC+ group of oil producers that has helped the industry navigate global shocks, has died aged 63.The Nigerian oil industry veteran was due…
Norwegian offshore workers began a strike on Tuesday that will reduce oil and gas output, the union leading the industrial action told Reuters.The strike, in which workers are demanding wage hikes to compensate for rising inflation, comes amid high oil and gas prices…
Norwegian offshore workers will likely go on strike on Tuesday in an industrial action that will cut oil and gas output as the negotiating parties have not made progress, the union and the lobby representing oil companies said on Monday.'As it stands now…
A planned strike [this week] by Norwegian energy sector workers could cut the country's gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers' group the Norwegian Oil and Gas Association (NOG) said on Sunday.Oil output could be cut by 130…
Deirdre Michie OBE has decided to step down as Chief Executive of Offshore Energies UK, formerly known as Offshore Oil and Gas UK (OGUK).Michie will hand over the reins at the end of the year after almost eight years at the helm of the offshore energy industry trade body in the UK…
Repsol Sinopec has appointed Adam Sheikh as Vice President (VP) Decommissioning and Energy Transition.The newly created role sits on Repsol Sinopec’s Executive Management Team (EMT), reporting to CEO Jose Luis Muñoz.Sheikh, whose most recent EMT role was VP Business Projects…