Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation's mines and energy minister said on Friday. Both companies announced earlier this…
The Kremlin blamed European politicians on Sunday for keeping shut the Nord Stream 1, one of its main gas supply routes, saying their economic sanctions on Russia had hindered Gazprom's maintenance of the pipeline.State-controlled Gazprom announced…
The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on Monday as Russia's halt on gas supply down its main pipeline to Europe sparked concerns over energy prices and growth.The euro slid to $0…
Nord Stream flows halted for three days this weekDeliveries were due to resume on Saturday at 0100 GMTRussia blames sanctions for pipeline disruptionsBrussels says Moscow using gas as economic weaponRussia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany…
Scana-owned PSW Technology has secured a contract with offshore drilling contractor Odfjell Drilling for the delivery of marine risers to operations in West Africa. The deal includes the leasing of a complete riser package for a minimum of 18 months…
Heavy lift shipping and offshore transport and installation contractor Jumbo Offshore reports it has executed the transport and installation of a torpedo pile mooring system, including mooring for flexible risers, umbilical for the Libra Consortium's…
U.S.-based LNG firm Excelerate Energy said Thursday that it had signed a term sheet with ENGIE for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany…
Equinor has completed its exit from Russia, the Norwegian energy group said on Friday, delivering on a promise made after Russia's invasion of Ukraine in February.This marks the first full, orderly exit from Russia by an international oil and gas company as pressure to leave mounts on others…
Europe could solve its energy crisis by scrapping sanctions against Russia and launching the mothballed Nord Stream 2 gas pipeline, the speaker of Russia's lower house of parliament said on Friday. Germany halted the Nord Stream 2 Baltic Sea gas pipeline project on Feb…
There will likely be normal levels of tropical storm activity over the next two weeks as the Atlantic Ocean hurricane season hits its peak, forecasters at Colorado State University said on Thursday.An upper-level trough in the atmosphere is…
Japanese oil and gas company Inpex has transferred its entire stakes in two U.S. Gulf of Mexico offshore oilfields to project partners.The company has transferred its 10.1% stake in the Lucius Field located in the US Gulf of Mexico’s Keathley Canyon blocks 874…
Modern American Recycling Services Europe (M.A.R.S.) said Friday that Equinor's Veslefrikk B platform had arrived in the Port of Frederikshavn, where it will be recycled.The Veslefrikk B arrived at the M.A.R.S quayside on Wednesday, August 31…
Oil discoveries by TotalEnergies and Shell off the coast of Namibia could start production in four years, Namibia Energy Minister Tom Alweendo said at a conference in Dakar on Thursday.Alweendo said Namibia had agreed with the companies that they should start production as fast as possible…
Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters.During his tenure, van Beurden…
Brazilian oil company PetroRio said on Thursday it signed a memorandum of understanding to buy Dommo Energia, formerly known as OGX Petroleo e Gas SA, in a deal valued at 942.9 million reais ($179.9 million).Once the darling of Brazil's one-time richest man Eike Batista…
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