An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates.
Exxon Mobil Corp.’s lawyer slammed New York’s securities-fraud case as the trial opened, saying the state “twisted” reality by conflating two internal metrics the company uses to account for the financial impact of climate change on its business.
The Government's plan to establish the UK shale gas industry through the controversial process of fracking is taking longer than expected, a new report has said.
Energy Voice had a Q&A with Elizabeth Padmos - an industry veteran of 23-years - on the importance of parental leave in the North Sea oil and gas industry and wider engineering sectors.
Business and political leaders from across England will launch a joint declaration to clean up air pollution as a national priority in a bid to "stop people dying needlessly".
“We attract the best employees and help them learn, grow and realise their dreams through mentoring and other career development assistance,” Aker Solutions says on its website.
A group of 300 British politicians are pushing the trustees of the Parliamentary Pension Fund to sell shares of BP Plc and Royal Dutch Shell Plc to ward off the risks of climate change.
Pre-tax earnings at Halliburton were nearly halved in the first nine months of 2019 amid asset impairments and write-downs of its Venezuelan investments.
A successful test in the North Sea aboard a drilling platform named after a fairy tale princess promises to reduce the number of people needed on offshore rigs and shift those jobs to control centers onshore.
Gas and electricity suppliers will undergo independent audits of their customer services operations and financial strength under proposed new rules unveiled by the energy watchdog.
Germany’s environment ministry has said a “compromise” on Shell’s Brent decommissioning plans may be possible but leaving any oil remains is “not acceptable”.
A rule placing liability on operators for any post-decommissioning incidents could be a “key part” of the Shell Brent debate, according to a petroleum economist.