Update: Exxon, Chevron score record profits as markets convulse
Exxon Mobil and Chevron posted their highest-ever profits, reaping the rewards from surging commodity prices amid supply disruptions and rising demand.
Exxon Mobil and Chevron posted their highest-ever profits, reaping the rewards from surging commodity prices amid supply disruptions and rising demand.
Energy transition body Aberdeen Renewable Energy Group (AREG) has gone beyond the 250 member milestone.
Parkmead Group (LON: PMG) has launched a farm-out process for the Greater Perth Area (GPA) project in the Central North Sea.
A slight delay to the start-up of the Pierce gas expansion project in the UK North Sea has been confirmed.
Lofty oil prices and robust sales delivered Petrobras another quarter of blockbuster results, which President Jair Bolsonaro has previously bashed as he contends with costly fuel ahead of presidential elections in October.
Ben van Beurden has claimed high oil and gas prices aren’t the sole reason for Shell (LON: SHEL) posting record for profits for the second quarter in a row.
There has been no change to Shell’s stance on Cambo and it still has no intention to progress the field, the company’s chief executive has confirmed.
Oil giant Shell has marked a second quarter of record financial results by rapdily accelerating its share buyback programme.
Renewable energy developer and operator SSE Renewables is the latest organisation to lend its support to Opportunity Cromarty Firth (OCF), the consortium bidding for a green freeport centered on the firth and Inverness.
The UK arm of global firm Mermaid Subsea Services (MSS) plans to significantly grow its headcount in the north-east following a move to new premises in Westhill.
UK Government is being urged to give urgent clarity about future support for carbon capture and storage (CCS) projects.
Electricite de France (EDF) reported a historic loss for the first half of 2022 as it suffered a slump in nuclear output in the midst of a severe European energy crisis.
Supermajor Shell (LON: SHEL) has been backed to replicate the eye-watering profits it reported earlier this year.
Carbon capture and storage (CCS) could create and underpin thousands of green jobs in the north and north-east of Scotland in the coming years.
A retired British oil and gas geologist is to be released from an Iraqi prison after his conviction for attempted artefact smuggling was quashed, according to his family.
Big Oil is poised for a record-breaking $50 billion profit in the second quarter, but the industry’s stellar performance could contain the seeds of its own decline.
Norwegian exploration and production firm Var Energi (OSLO: VAR) expects to dish out a minimum of $1 billion in dividends this year.
Shell (LON: SHEL) has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea.
Energy giant BP has confirmed plans to fund a new gas pipeline at the Sullom Voe terminal.
Workers on a North Sea vessel are poised to down tools next month in a dispute over redundancy packages.
Just as thing seemed to be looking up for the sector, decommissioning could be pushed to the back of the queue once again.
Global Underwater Hub to grasp “greatest opportunity for subsea in our generation”
Norwegian energy giant Equinor has demobilised crew from one of its North Sea platforms after a gas leak on board.
Energy sector training firm AIS Survivex has invested around £850,000 into the very latest lifeboat simulator technology.
A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse, according to the head of the International Energy Agency.