The US Environmental Protection Agency said on Wednesday it would soon propose scrapping a Biden-era rule aimed at curbing large leaks of methane from oil and gas operations.The move is part of a broad Trump administration effort to slash regulations…
Valaris has added about $220 million to its contract backlog through new offshore drilling contracts and extensions since its previous fleet update in August, including work in Suriname, Australia and the North Sea.The offshore driller secured…
Chevron said on Tuesday it was transporting non-essential personnel from its offshore platforms in the Gulf of Mexico as a possible tropical storm approached the US Gulf Coast.'Production from Chevron-operated assets remains at normal levels…
Chevron Technical Center has joined a long-term digital subsurface collaboration between SLB and TotalEnergies to co-develop technologies for reservoir engineering and geoscience.The collaboration, known as Arena, was established by SLB and…
New Fortress Energy's Fast LNG unit offshore Altamira, Mexico, has gone offline following a mechanical problem with its gas turbine, with the company expecting the facility to return to service during the fourth quarter.NFE said it was working…
Chevron’s Chief Financial Officer (CFO) Eimear Bonner will become president of the company's Oil, Products & Gas business from January 1, 2027, as part of a senior leadership reshuffle that will also install Jeff Gustavson as its new CFO.Bonner…
Ithaca Energy has agreed to acquire Suncor Energy's interests in the Terra Nova and White Rose oil assets offshore eastern Canada for $860 million in cash, marking its first international acquisition outside the UK.The deal includes a 48% operated interest in Terra Nova…
ConocoPhillips has agreed to buy 1 million tonnes per annum of liquefied natural gas (LNG) from Venture Global under a 20-year sales and purchase agreement starting in 2030, the companies said.The agreement adds ConocoPhillips as a long-term customer of Venture Global…
US President Donald Trump unveiled plans on Wednesday for South Korea to invest some $200 billion in US projects, but Seoul quickly suggested one key element, a $54 billion pipeline for an LNG project in Alaska, was not yet set in stone.The…
Petrobras has signed a 22-year liquefied natural gas (LNG) purchase and sale agreement with U.S. LNG exporter Cheniere for 0.8 million tonnes per annum of LNG.The Brazilian state-run company signed a deal with Cheniere Marketing, a subsidiary of Cheniere Energy…
Shell Canada Energy has taken a final investment decision (FID) on LNG Canada Phase 2, an expansion that will double the Kitimat facility's production capacity to 28 million tonnes per annum.Phase 2 will add two LNG processing trains to the existing facility in British Columbia…
Noble Corporation has secured a contract by Tullow Oil for the Noble Faye Kozack drillship for a drilling campaign offshore Ghana.The work will include up to 10 wells off Ghana, with the campaign expected to start in mid-2027.“This award reflects…
The world's biggest energy companies are poised to deliver another quarter of bumper profits, fuelled by record refining margins. Flush with cash, Big Oil now needs to chart a course for future growth in a world reshaped by the Middle East crisis…
Expro has secured a major integrated well services contract from an undisclosed Canadian operator for a 14-well life-extension campaign offshore Newfoundland, with work expected to start in the first quarter of 2027.The multi-product line contract covers services across Expro's Well Construction…
The US might consider leaving the International Energy Agency if there is no alignment on climate issues, US Energy Secretary Chris Wright said on Wednesday.'We're either going to reform the IEA or we will leave the IEA. My strong preference is that we reform it…
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