Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a year of volatile energy prices where Russia's invasion of Ukraine reshaped global energy markets and, in some cases, the industry's climate ambitions…
Russia will seek to gather more intelligence about Norway's oil and gas infrastructure as part of an effort to put pressure on European energy supplies, the Nordic country's police security agency (PST) said in its annual threat assessment on Monday…
Woodside Energy lifted its final dividend on Monday after reporting a more than tripling of profit on a beefed-up oil and gas portfolio following its merger with BHP's petroleum arm and surging oil and gas prices, sending its shares over 2% higher…
Shell has reportedly threatened legal action against Greenpeace activists who last week boarded a heavy load carrier carrying Shell's Penguins FPSO, destined for deployment in the UK North Sea.Last Tuesday, four activists climbed aboard the…
Offshore seismic survey firm PXGEO said Wednesday it had secured work with oil major Shell.The company said it had secured a vessel commitment from Shell to provide 12 months of high-end marine towed streamer seismic acquisition services.PXGEO will be providing the services over a two-year period…
Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project, the Caribbean nation's energy minister said on Thursday.A deal would help revive the nation's gas production, which…
BP on Tuesday reported a record profit of $28 billion for 2022, lifted by the surge in energy prices since Russia's invasion of Ukraine, while boosting its dividend in a sign of confidence as it scaled back plans to reduce oil and gas output by 2030…
U.S. oil and gas producer APA Corp on Thursday said it planned to drop a drilling rig in the North Sea as recent increases to tax rates have made its operations there less competitive.Britain last year announced plans to boost windfall taxes…
Shell's recent discovery at the Pensacola prospect could be 'one of the largest natural gas discoveries in the Southern North Sea in over a decade.' This is according to Deltic Energy, Shell's partner in the project, which said that Deltic pre…
Turkey has postponed a natural gas summit due to be held on February 14-15 until March 22, an energy official said on Friday, after a major earthquake hit its southeastern region. Setting up a gas hub in Turkey was first proposed by Russia's…
French oil major TotalEnergies posted a record net profit of $36.2 billion in 2022, double the previous year, joining in the sector's bumper earnings thanks to higher oil and gas prices since Russia invaded Ukraine.TotalEnergies' fourth-quarter adjusted net income was $7…
Dutch offshore wind foundation maker Sif this week said it would build the world's largest monopile foundation manufacturing plant in Rotterdam, the Netherlands, with an estimated investment of around €328 million.The plant will be built at the 62 hectare Maasvlakte 2 site in Rotterdam…
Belgium said it is investigating the presence of a Russian 'spy ship' in the North Sea, a day after its neighbor the Netherlands reported that Russia was targeting North Sea infrastructure.The ship was detected in the Belgian North Sea around mid-November last year…
NATO should hold an emergency meeting to discuss recent findings about September explosions at the Nord Stream gas pipelines, Russia's Foreign Ministry spokeswoman Maria Zakharova said late on Saturday.Investigative journalist Seymour Hersh…
Four Greenpeace activists on Tuesday boarded the heavy transportation vessel carrying Shell's Penguins FPSO aboard, calling on the oil major to 'Stop Drilling. Start Paying.'Six Greenpeace International activists attempted, and four managed…
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