A crisis with no urgency: Eskom
South Africa has many challenges but perhaps the most emblematic is Eskom and the country’s power sector.
South Africa has many challenges but perhaps the most emblematic is Eskom and the country’s power sector.
Libya’s National Oil Corp. (NOC) has accused the United Arab Emirates of contravening the United Nations arms embargo by delivering fuel to Benghazi.
Chapter 11 bankruptcy has allowed Houston oilfield service company Weatherford International to close 2019 with its first profit in more than six years.
Sonatrach has signed a memorandum of understanding (MoU) with Chevron, the Algerian company said.
Oil’s spectacular collapse deepened as widening global efforts to fight the spread of the coronavirus looked set to trigger the most severe contraction in annual demand in history.
There could be 10 million barrels per day more of supply than demand in March and April this year, according to IHS Markit.
The owner of UK North Sea oil firm Ithaca Energy has been granted a temporary injunction against a lender who demanded the immediate repayment of a £46 million loan.
Aker Solutions has warned contractors in Norway of potential job losses amid fears work will slow down due to the coronavirus spread.
While the big goal of tackling its sclerotic oil industry is still languishing, Nigeria has been racking up progress in its gas sector.
An explosion involving a Nigerian National Petroleum Corp. (NNPC) pipeline in Lagos State has led to the deaths of at least 15 people.
Helicopter flights to BP’s offshore platforms west of Shetland are to bypass the islands in an effort to avoid spreading coronavirus.
Even with oil prices having slumped, Saudi Aramco said it still intends to give at least $75 billion to shareholders this year.
Offshore accommodation provider Prosafe will support the removal of subsea tanks from EnQuest's Thistle Alpha platform in the UK North Sea.
A group of oil and gas firms have joined forces to plan the delivery of more than 200 million barrels from the outer Moray Firth.
Oil’s spectacular collapse deepened as widening global efforts to fight the spread of coronavirus were set to trigger the most severe contraction in annual oil demand in history.
The owners of north business Ross-shire Engineering (RSE) see further acquisitions and growing demand for its innovative water treatment units as key to driving major expansion.
Energy services firm TechnipFMC said this evening that its split into two separate companies would be delayed due to recent market turmoil.
The annual Offshore Technology Conference (OTC) in the US has become the latest business event casualty of the Covid-19 pandemic.
As prices have plunged, interest in short selling of oil companies has increased.
Bosses at a North Sea start-up said today that recent market turmoil and plunging crude prices would boost their chances of sealing acquisitions.
Air Products has signed up to supply two LNG heat exchangers to the Total-led Mozambique LNG venture.
The last time crude prices crashed in 2014, the North Sea looked like a treasure trove for private equity looking to buy cheap assets, build them up and sell for a profit. Now, just as these firms are seeking an exit, the oil-price war might leave them trapped
A trio of London-listed oil and gas firms today insisted they could overcome volatile market conditions at the end of a bruising week.
A highlight of the UK offshore industry's social calendar has been postponed due to fears about the coronavirus spread.
Libyan oil production has slipped below 100,000 barrels per day, the National Oil Corp. (NOC) has said, amid warnings of fuel shortages.