Overview page containing news articles

Oil

List of the highlighted articles

Posted: 3 months ago

i3 Energy in talks with noteholders to waive condition for Liberator funding

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

Categories:
  • Business developments & projects
Posted: 3 months ago
  • video
Posted: 3 months 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: 3 months ago
Posted: 3 months ago

‘Founding father’ of Soviet oil industry and Lukoil chairman passes away

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

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Neptune comes up dry at Norwegian Sea well

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

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

DNV GL looking to prove value of oil & gas 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: 3 months ago
Posted: 3 months ago

Triangle Energy finds new drilling prospects near Cliff Head platform

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

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

Equinor slashes quarterly cash dividend by two thirds

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

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Repsol Sinopec expands Petrofac’s scope of support on UK assets

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

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

PGS raises cost-cutting as it 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: 3 months ago
Posted: 3 months ago

Kosmos Energy 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: 3 months ago
Posted: 3 months ago

U.S. 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: 3 months ago
Posted: 3 months ago

Baker Hughes sinks to $10 billion loss as impairment charges bite

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

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Aker BP kicks off production from Norwegian well three years ahead of schedule

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

Categories:
  • Exploration & Production
Posted: 3 months ago
Posted: 3 months ago

Seadrill fills board of directors seat

Offshore drilling contractor Seadrill Limited has named a new member of the company’s board of direc...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Equinor makes changes in exploration leadership

Norwegian oil major Equinor has appointed a new executive vice president of its Exploration division...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Sales drop hurts Oil Search revenue

The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search saw its revenu...

Categories:
  • Business developments & projects
Posted: 3 months ago
Posted: 3 months ago

Investigation launched after lifting incident on Equinor’s platform

Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has decided to investigate...

Categories:
  • Safety
Posted: 3 months ago
Posted: 3 months ago

Safety issues found during audit of Equinor’s Troll A

Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found irregularities d...

Categories:
  • Safety
Posted: 3 months ago
Posted: 3 months ago

High impact exploration in 2020 down but not out, Westwood says

Exploration plans are being redrawn and the well count is expected to drop by as much as 35 per cent...

Categories:
  • Market outlooks
Posted: 3 months ago
Posted: 3 months ago

Eni extends charter for KNOT Offshore’s shuttle tanker

Italian oil major Eni has extended the charter of KNOT Offshore Partners’ shuttle tanker Torill Knut...

Categories:
  • Vessels
Posted: 3 months ago
  • long read
Posted: 3 months ago

UK to avoid shut-ins even with $20 oil prices, Rystad says

With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins ...

Categories:
  • Outlook & strategy
Posted: 3 months ago
Posted: 3 months ago

OPEC+ production cuts have dire implications for oil tankers

The agreement of the members of OPEC and its allies to cut oil production by 9.7 million barrels of ...

Categories:
  • Business & Finance
Posted: 3 months ago
Posted: 3 months ago

Impairments push Halliburton into $1 billion loss

Giant oilfield services provider Halliburton booked a $1 billion loss in the first quarter of this y...

Categories:
  • Business developments & projects
Posted: 3 months ago
Posted: 3 months ago

World’s two largest pipelay vessels meet in Rotterdam

Two giant pipelay vessels owned by offshore contractor Allseas are now, for the first time ever, bot...

Categories:
  • Vessels
Posted: 3 months ago
Posted: 3 months ago

Vår Energi creates new VP role for Aker Energy man

Norwegian oil and gas company Vår Energi has named Bjørn Thore Ribesen as its vice president Field D...

Categories:
  • Business developments & projects
Posted: 3 months ago
Posted: 3 months ago

Equinor gets 10-year life extension for Troll B platform

Norwegian authorities have granted consent to operator Equinor for a 10-year lifetime extension for ...

Categories:
  • Exploration & Production
Posted: 3 months ago