Offshore drilling contractor Noble Corporation has recently secured several drilling contracts and its CEO says there has been an uptick in tender activity in various markets.The company, which in February completed its financial restructuring…
A rapid rise in offshore drilling and deepwater gas extraction may seem an unlikely path to lower emissions, but are central planks of Chinese energy major CNOOC Ltd’s plan to help hit Beijing’s climate goals.While global peers like BP, Royal…
National Energy Resources Australia (NERA) has established what it calls The Centre of Decommissioning Australia (CODA), citing 'a much-needed collaborative effort to address the challenges and maximize the opportunities of decommissioning Australia’s aging oil and gas infrastructure…
Royal Dutch Shell Chief Executive Ben van Beurden's pay package dropped by 42% to $7 million in 2020, a year in which the coronavirus pandemic pushed the energy company to a historic dividend cut following a collapse in profits.Van Beurden,…
UK-based oilfield services company EnerMech has won a five-year contract with Chevron to provide a range of integrated services to the U.S oil giant's Western Australian oil and gas facilities. The deal will see EnerMech continue to deliver pipeline services including pipe cleaning…
Keppel Offshore & Marine has delivered its second newbuild LNG carrier, the Avenir Accolade, to Avenir LNG.The LNG carrier can also function as an LNG bunkering vessel (LBV), making it the third LBV that Keppel has delivered.'The dual-fuel Avenir…
India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after OPEC+ decided last week to largely continue production cuts in April, two sources said.India, the world's third biggest oil importer and consumer…
Japanese renewables group JRE has been put up for sale by its owners, including Goldman Sachs, three people familiar with the matter said, a deal expected to draw interest from European firms eager to enter Japan's green power market.Japan Renewable…
Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, a sign that ethanol exports from the United States to the country are increasing drastically.The shipments may surpass the total amount of U…
Yemen's Houthi forces fired drones and missiles at the heart of Saudi Arabia's oil industry on Sunday, including a Saudi Aramco facility at Ras Tanura vital to petroleum exports, in what Riyadh called a failed assault on global energy security…
- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned…
Oil prices jumped about 3% on Friday, hitting their highest levels in over a year, following a stronger-than-expected U.S. jobs report and decision by OPEC and its allies not to increase supply in April.Brent futures rose $2.10, or 3.2%, to $68…
Liquefied natural gas (LNG) ships are set to receive an earnings boost from restocking demand after colder conditions drove a scramble for supplies and record high freight rates, a top LNG tanker player said.A cold snap in Europe and Asia in…
China set a modest five-year growth target on Friday for its nuclear power generation capacity and promised quicker development of alternative energy sources as it seeks to cut its carbon footprint, but left its coal industry largely untouched…
The Chinese-built hybrid accommodation vessel MWV Falgout has been delivered to end client Brunei Shell Petroleum.The 80-meter vessel, a new purchase for Bruneian owners JISCO Marine Sdn Bhd, will be employed on long-term charter for the Bruneian oil and gas company…
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