Margin calls stemming from the gas market have not pushed Gunvor to the brink, the trader said.
Ocean Infinity has bought Red Rock, a technology company that supports autonomous port operations.
UK drivers face “range anxiety” as a result of fuel shortages, while a cold winter could push Brent prices to $100 per barrel, BofA Securities has warned.
Repsol (BME:REP) said it will start up a key carbon capture and storage (CCS) project in Indonesia in 2027. Significantly, the CCS scheme tied to the onshore Sakakemang Block will be among the largest of its kind in the world and will be the first for both Repsol and Indonesia, claimed the Spanish company.
Petrofac has signed up to a strategic partnership with Gazprom, with the aim of establishing itself in Russia.
With winter fast approaching and a stunning energy price surge pummelling Europe, Russian President Vladimir Putin chose an opportune moment to use his country’s leverage as an oil and gas superpower.
Europe has “made mistakes”, Russian President Vladimir Putin said on October 6 during talks with his energy officials.
The Dutch police have arrested a number of Greenpeace activists following a protest focused on greenwashing in the port of Rotterdam.
Cypriot President Nikos Anastasiadis has held talks with ExxonMobil ahead of drilling planned for the end of the year.
The future of gas supplies from Algeria to Spain, via Morocco, remains unclear following a diplomatic spat.
Novatek shares dropped the most in about 16 months after the arrest of Deputy Chief Executive Officer Mark Gyetvay on tax charges in the US.
Europe may break new record gas prices, Gazprom head Alexey Miller has warned, noting under supplied gas storage facilities in the region.
Bosses at ADC Energy, of Aberdeen, say the energy services firm's diversification strategy has "come to fruition" with its latest contract.
Gazprom has confirmed that it has completed construction of the Nord Stream 2 gas pipeline, while also moving ahead with plans for a new LNG plant.
Extinction Rebellion occupied the Science Museum on August 29 in protest at Shell sponsorship.
Wison Offshore & Marine has produced the first train module for the Arctic LNG 2 project, weighing nearly 50,000 tonnnes.
A strategic merger between BHP and Woodside has been on the deal dream list in oil and gas circles going back three decades. Yesterday the pair confirmed that they will enter into a merger of their respective oil and gas portfolios in an all-stock deal that creates an LNG powerhouse.
Block Energy, which recently won a shareholder vote against an activist investor, has appointed Jeremy Asher to act as a non-executive director.
North Sea engineering, procurement and construction (EPC) contract awards are anticipated to total more than $4 billion (£2.8bn) in 2021.
TotalEnergies and Technip Energies have signed a technical co-operation agreement to develop low-carbon LNG and offshore facilities.
Shell claims to have signed the world’s first carbon-neutral term liquefied natural gas (LNG) supply deal after sealing a five-year contract with PetroChina.
Energy transition topics will take centre-stage at the SPE Offshore Europe 2021 virtual conference taking place from September 7 to 10.
German LNG Terminal will apply for permission to build an LNG terminal at the Brunsbüttel site by June 30.
There are “too many rigs and too many players” in the drilling industry, Maersk Drilling CEO Jørn Madsen has said.
A Malaysian manager at Norwegian energy services company Aker Solutions was charged Friday for allegedly making false statements in order to win Petronas licenses in Malaysia.