Overview page containing news articles

Fossil Energy

List of the highlighted articles

Posted: over 4 years ago

Eni posts $3 billion loss, lowers production target

Eni booked a net loss of over $3 billion in the first quarter of the year due to the overlapping eff...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Perenco files decom plan for Amethyst topsides

Oil and gas company Perenco has submitted its draft decommissioning programs for four Amethyst gas f...

Categories:
  • Safety
Posted: over 4 years ago
Posted: over 4 years ago

Eidesvik vessel put on standby

Eidesvik Offshore and Seabed Geosolutions have agreed to amend the contract for the node-handling ve...

Categories:
  • Vessels
Posted: over 4 years ago
Posted: over 4 years ago

i3 Energy in talks to waive Liberator funding term

i3 Energy is in talks with its noteholders to waive its previously agreed condition, requiring it to...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Maersk Drilling to reduce offshore crew

Maersk Drilling has decided to stack a number of its North Sea drilling rigs to adapt to the changin...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
  • video
Posted: over 4 years ago

27 oil tankers with nowhere to unload parked off Californian coast

There are 27 oil tanker vessels with more than 20 million barrels of crude anchored off the coast of...

Categories:
  • Vessels
Posted: over 4 years ago
Posted: over 4 years ago

'Founding father' of Soviet oil industry passes away at 90

Long-time chairman of Russian oil and gas company Lukoil and “founding father” of the Soviet oil ind...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Offshore drilling impairments drag Saipem into the red

Italian oilfield contractor Saipem sank into the red in the first quarter of the year dragged down b...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Neptune drills dry well

Neptune Energy has drilled a dry well near the Heidrun field in the Norwegian Sea. ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

DNV GL looking for proof of value of digital twins

DNV GL has issued an international call to oil and gas operators and the supply chain to pilot a met...

Categories:
  • IT & Software
Posted: over 4 years ago
Posted: over 4 years ago

Triangle finds five new prospects near Cliff Head platform

Australia-based Triangle Energy has identified three key opportunities that could be drilled and dev...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Ineos delays Floatel charter

A charter for a Floatel International-owned flotel with Ineos in the UK North Sea has been postponed...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Equinor slashes first quarter cash dividend

Norwegian oil major Equinor has decided on a cash dividend of $0.09 per share for the first quarter ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Helix Energy Solutions swings to quarterly loss

Houston-based offshore services and robotics specialist Helix Energy Solutions has reported net loss...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Petrofac to extend services on Repsol Sinopec's UK assets

Petrofac is preparing to extend its provision of operations and maintenance services to Repsol Sinop...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

PGS sinks to wider loss

PGS has seen its Q1 2020 loss widened, mostly on impairments related to library and sale of non-curr...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Kosmos gets delisting warning from NYSE

Kosmos Energy has been given a continued listing standard notice from the New York Stock Exchange (N...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Early terminations and rate reductions for Valaris rigs

Valaris has seen a number of its drilling contracts terminated and day rates slashed as oil and gas ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

TechnipFMC books $3.25B loss; cuts execs pay and dividend

TechnipFMC has reported first-quarter 2020 loss of $3.25 billion or $7.28 per diluted share against ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Borr takes rig delivery from Keppel

Singapore’s offshore rig builder Keppel Offshore & Marine has delivered a newbuild jack-up...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Santos quarterly revenue, production down

Australian gas producer and GLNG operator, Santos reported a 13 per cent decrease in revenue, affect...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

SEC closes Eni investigation

The U.S. Securities and Exchange Commission is closing its investigation into Eni related to its inv...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Baker Hughes sinks to $10 billion loss

Baker Hughes booked a huge impairment charge in the first quarter of the year resulting in a $10 bil...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Qatar Petroleum inks huge China LNG carrier deal

State-run Qatar Petroleum said Wednesday it has entered into a deal to reserve LNG ship construction...

Categories:
  • Infrastructure
Posted: over 4 years ago
Posted: over 4 years ago

Aker BP starts production from Norwegian Sea well

Aker BP has started production from the first Ærfugl phase 2 well in the Norwegian Sea – three years...

Categories:
  • Exploration & Production
Posted: over 4 years ago

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