Cenovus Energy Inc. is getting more than just a rival Canadian oil producer with its acquisition of Husky Energy Inc. It’s also shoring up its defenses against an anti-oil sands movement that could get a boost if Joe Biden is elected as the next president of the U.S.
The Energy Industries Council (EIC), the leading trade association for companies that supply goods and services to the energy industries worldwide, has appointed four new non-executive directors to its board.
Low prices and dwindling dividends could encourage more investors to move away from oil and gas in favour of renewables, according to a leading oil and gas lawyer.
The insidious nature of National Socialism in Germany between 1933 and 1945 meant its impact was felt across society, from the dinner table to the boardroom.
Offshore platform electrification will be the “main key technology” in reducing carbon emissions from oil and gas production, according to a senior academic.
Transocean Deepwater plans to lay off as many as 110 workers after the Houston offshore driller could not secure a new contract for one of its drillships amid low oil prices.
An ambitious hydrogen project in western Australia that seeks to become the world’s largest renewable energy export facility got a boost by winning major project status from the government.
Japan will promote the use of offshore wind generation and battery storage in its new effort to become carbon neutral by 2050, according to a government official, indicating how the nation might change its policies to meet the ambitious goal.
Plans to build an onshore wind farm, which developers claim will deliver a “host of benefits” to the local community, in the south-east of Scotland have been given the green light.
Scottish energy service firms are being encouraged to partner up with their counterparts in France in order to make inroads into its emerging offshore wind market.
Increasing manning levels offshore is the "only way" the North Sea sector will be able to clear its growing maintenance backlog, according to oil and gas safety chiefs.
Greece is stepping up diplomatic efforts to mobilize European Union partners against Turkey, as Ankara continues its energy prospecting in contested waters of the eastern Mediterranean.
Nigeria reimbursed oil companies including Exxon Mobil Corp. and Royal Dutch Shell Plc $3 billion, moving closer to clearing operating expense arrears owed since 2010.
Kongsberg Maritime has signed a contract with maritime services provider MacGregor to deliver a Pile Gripper Guidance System (PGGS) which could save the offshore wind industry "substantial" sums of money.
Wind and solar power have become even cheaper compared to fossil fuels in the past year, making them an attractive way to stimulate economies recovering from the Covid-19 pandemic, according to Lazard Ltd.
The reverse takeover model could become more of a permanent fixture in the North Sea in the coming years as more private-equity (PE) backed operators look to go public.