Ex-Shell head Ben van Beurden joins investment group KKR
Former Shell (LON:SHEL) chief executive officer Ben van Beurden will join private equity group KKR as a senior advisor on green investments, reports say.
Americas
Americas Oil and Gas News
Saipem lands Exxon Guyana deal worth up to $1.5bn
Saipem (BIT: SPM) has landed a contract worth up to $1.5 billion with Exxon Mobil for work on its newly-sanctioned Whiptail project off Guyana.
Plan to turn surplus oil rigs into floating missile bases
Naval architecture group Gibbs & Cox has floated a plan to convert old oil rigs into missile defence platforms and resupply bases.
Another death on an offshore oil rig. Yet again, it’s Pemex.
Pemex’ safety and environmental track record is among the worst that I have encountered in my almost 35 years of writing about energy.
One dead, several injured after fire on Gulf of Mexico oil platform
At least one person has been killed and several others are injured after a fire broke out on an oil platform in the Gulf of Mexico.
SLB announces $7.8 billion stock deal for smaller rival ChampionX
American oilfield services giant SLB (NYSE:SLB) has announced a deal worth approximately $7.75 billion in stock to buy smaller rival ChampionX (NYSE:CHX).
All Americas Posts
Ex-Statoil executive agrees to temporary restraining order
A former executive of Statoil Gulf Services and his wife agreed to a temporary restraining order that prevents the pair from filing any patent applications that use trade secrets from Statoil. They also agreed not to claim ownership of inventions, discoveries or technological improvements developed by Statoil, a unit of the Norwegian oil major, according to the order signed last week by U.S. District Court Judge Alfred H. Bennett of Houston.
Peterson lands major deal with BP in the Caribbean
International energy logistics firm Peterson said yesterday a new multimillion-contract with BP in the Caribbean built on a strong relationship developed in the UK North Sea.
Republicans break ranks with pledge to fight climate change
Seventeen conservative Republican members of Congress—10 of them in their first or second terms—are bucking long-time party positions and the new occupant of the White House. They announced on Wednesday that they’re supporting a clear statement about the risks associated with climate change, as well as principles for how best to fight it.
An oil legend’s biggest hunt ever: 10 billion barrels in Alaska
It’s hard to tell where the world ends here on the Alaska North Slope.
Trump tax cut may save oil drillers $10billion, boost drilling
The Trump administration’s plan to slash corporate tax rates could free up more than $10 billion a year for U.S. oil explorers, opening new opportunities to boost drilling at a time of uncertainty in the marketplace.
BP awards Mad Dog 2 contracts
BP has awarded wood Group two separate contracts for its Mad Dog 2 project providing engineering services to further develop deepwater production.
Canada oil dependence on US loosens in age of Donald Trump
The Canadian oil patch’s half-century bond to the U.S. market is loosening one tanker load at a time in Donald Trump’s “America First” era. Last month, a ship loaded oil off Newfoundland and set sail on a 10,000-plus nautical mile, or 18,500 kilometer, journey to China, following on the heels of an oil-sands cargo shipped from the U.S. Gulf Coast. India-based Reliance Industries Ltd. is set to receive the first shipment of heavy Canadian crude in April, a person familiar with the orders said last month.
Baker Hughes rig count climbs in US, Canada
The number of rigs operating in the US went up this week, the latest Baker Hughes rig count shows.
Native Americans rallying in Washington against pipeline works
Native Americans and their supporters are rallying in Washington DC against continued construction of the disputed Dakota Access pipeline.
Venezuela, Exxon compensation ruling quashed
An order for Venezuela to pay $1.4billion in damages to ExxonMobil has been reduced, a news report said.
Sale of polluting oil sands heralds cleaner future for Shell
Royal Dutch Shell Plc just took a big step toward remaking itself as a natural gas company.
Updated: Shell sheds Oil Sands interests in $7.25billion deal
Shell this morning confirmed a massive portfolio shake-up.
Northern Petroleum makes Rainbow acquisition
Northern Petroleum today confirmed a deal to acquire production wells and facilities located within the area of its existing Rainbow assets in Alberta.
Dakota pipeline protest planned for Washington
Native Americans from across the US are holding a protest in Washington DC against the Trump administration and its approval of the Dakota Access oil pipeline.
Exxon pleases Trump with $20billion shale building spree
Exxon Mobil Corp. announced a $20 billion building spree in the heart of the U.S. chemical and refining industry, a program it said would create 45,000 jobs. President Donald Trump quickly tweeted his support, calling the oil producer a "special company."
Rose Petroleum in bid to sell off Mexican asset
Rose Petroleum has entered into a memorandum of understanding with Magellan Gold Corporation for the potential disposal of the firm's Mexican mineral processing mill.
Jobs take center stage of climate-change debate in Trump era
As the Trump administration sets to work gutting environmental regulations, the best weapon for battling climate change in the U.S. may be jobs.
Clashes as hundreds join March 4 Trump rallies around the US
Hundreds of people have gathered at sites around the US to join rallies backing President Donald Trump.
Trump policies will for natural gas prices lower, investment adviser says
President Donald Trump’s promise to increase U.S. fossil-fuel production will have many parlous consequences, not least by driving natural gas prices even lower.
Opinion: Next oil rally? Futures say market is tightening
US oil inventories are at record levels, but there are a few glimmers of hope that the glut could be starting to subside.
Trump ‘likely’ to lift ban on coal mining leases, claims White House official
President Donald Trump is "likely" to sign an executive order next week that lifts a ban on new federal coal mining leases, a White House official said.
Total and Petrobras finalise $2.2billion strategic alliance
Total and Petrobras today finalised their strategic alliance.
Trump speech revives campaign themes but details remain scarce
President Donald Trump urged Americans to set aside conflict and help him remake the fabric of the country in his first address to Congress, a moment he hopes will turn the page on his administration’s chaotic beginning and bring clarity to his policy agenda.
TransCanada suspend US law suit over Keystone XL pipeline
TransCanada Corp has suspended a $15billion lawsuit filed against the United States over the Keystone XL pipeline.
Subsea firm Emas Chiyoda files for bankruptcy
Major subsea player Emas Chiyoda (ECS) has filed for chapter 11 bankruptcy.
