BP is considering ending the publication of its Statistical Review of World Energy, over 70 years after it first published the benchmark report, as the energy major focuses on its shift to renewables, the company told Reuters.The Statistical…
After a decade of making up to A$200,000 a year (about US$135,000) on oil and gas rigs as a fitter and subsea equipment specialist in Western Australia, Adam Naylor had had enough.He had watched his pay go backward and conditions worsen during the pandemic…
Chinese oil and gas major CNOOC has sounded out potential buyers of its interests in U.S. oilfields, two sources said, stepping up its retreat from Western nations amid sanctions concerns and calls for domestic investment. Reuters reported in…
The Australian Petroleum Production & Exploration Association (APPEA) has appointed Woodside's CEO of Meg O’Neill as Chair, and Beach Energy's CEO Morné Engelbrecht as Vice-Chair following APPEA’s annual general meeting in Perth on Wednesday…
State-owned Japan Oil, Gas and Metals National Corp (JOGMEC) said on Monday it has been renamed Japan Organization for Metals and Energy Security and will provide equity investment to back the production and storage of hydrogen and ammonia. The…
Sue McCarrey has been appointed Chief Executive Officer (CEO) of Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for a three-year term from February 2023.To join NOPSEMA, McCarrey will leave her…
Japan's biggest oil and gas explorer, Inpex Corp, lifted its full-year profit forecast by 14% to a record 400 billion yen ($2.7 billion) thanks to higher-than-expected oil and gas prices and the yen's plunge against the U.S. dollar. The company…
Shares of Arabian Drilling Company , a Saudi oilfield services firm, were up 18% above its listing price on its market debut in Riyadh on Monday, in a sign that investors still have appetite for local flotations despite a gloomy outlook for the world economy…
Ørsted, one of the world's largest offshore wind developers, has appointed Henriette Holm as its new Country Manager for Japan.'Henriette Holm brings more than 25 years of experience with Ørsted, and its predecessor organisation, working across transactions…
Saad al-Kaabi, the head of Qatar's state-run energy company, said on Monday all oil and gas trade should be depoliticized, calling for policies to move away from sanctions and anti-free market agreements.The comments by Kaabi, who is also Qatar's minister of state for energy…
Oilfield services company Baker Hughes has appointed Nancy Buese as Chief Financial Officer effective November 2, 2022. 'Buese brings more than 30 years of financial and leadership experience to the role, previously serving as EVP & CFO of…
Arabian Drilling Company, a Saudi oilfield services firm, said on Tuesday it will price its initial public offering at 100 riyals a share and is set to raise 2.67 billion riyals ($710.58 million).The final price is at the top end of a price range announced last month…
India maintains a 'healthy dialogue' with Russia and will look at what is offered following an announced ownership revamp to the Sakhalin-1 oil and gas project, Petroleum Minister Hardeep Singh Puri told Reuters. Russia last week issued a…
Shell has turned to the head of its gas and renewables business to drive its transition to a lower-carbon future, picking Wael Sawan to replace Ben van Beurden as chief executive. Sawan's appointment comes at a pivotal time for the oil giant…
Japanese ship classification society ClassNK has signed a Memorandum of Understanding with Maersk Training A/S regarding training for offshore wind farm operators and education for alternative fuel ship crews.'With the signing of the MOU, the…
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