ADM fights off shareholder, as Nigerian legal fight delays
ADM Energy’s board has seen off a shareholder activist attempt at revolution, while a legal challenge over an oilfield in Nigeria has been pushed back.
ADM Energy’s board has seen off a shareholder activist attempt at revolution, while a legal challenge over an oilfield in Nigeria has been pushed back.
Kazakh President Kassym-Jomart Tokayev accepted the government’s resignation Wednesday after increases in fuel prices led to clashes between protesters and police in central Asia’s largest energy producer.
Malaysia’s Petronas, along with Japanese companies Sumitomo and Tokyo Gas, will carry out a feasibility study to establish a supply chain of ‘carbon neutral methane’ to Japan.
Andrew Austin's new venture Kistos has successfully drilled a North Sea well.
Global oil prices may rise to as high as $120 by the middle of next year as the ability of OPEC+ to meet demand is at risk from under-investments and sanctions, according to a Rosneft PJSC executive.
Green energy projects on Eigg and in Orkney are among four initiatives in Scotland to share funding of almost £400,000 from Centrica.
China’s energy crisis has highlighted weaknesses in one of President Xi Jinping’s top priorities -- energy security -- that could have ramifications for the power system for years to come.
Protests will kick off tomorrow aimed at reforming South Africa’s Department of Mineral Resources and Energy (DMRE).
Initial results from the Oza-1 well in Nigeria have been promising with a flow rate of 2,463 barrels per day.
A Chinese ship has been meddling with Harbour Energy’s ongoing drilling campaign at its Tuna block in the Natuna Sea offshore Indonesia. Significantly, the appraisal drilling is funded by Russia’s state-backed Zarubezhneft and the incident underscores the fact that Moscow’s energy interests in the South China Sea are increasingly being threatened by China.
Equatorial Guinea has forbidden unvaccinated people from working on- or offshore in the oil and gas sector.
Deep-water drilling activities are bouncing back in Southeast Asia following a lacklustre 2020 with overall spending expected to rise 51% this year to $504 million and almost back to 2019 levels, estimates from Rystad Energy show.
UK Export Finance publishes its annual results for 2020-21, which show the government provided record levels of support for UK exports.
French oil major Total must continue to produce gas in Myanmar and pay taxes to the military junta to protect staff from forced labor and maintain electricity supplies, Chief Executive Patrick Pouyanne said in an op-ed in Le Journal du Dimanche newspaper.
The Philippines need to pursue nuclear power to improve its long-term energy security and slash carbon emissions from its highly polluting coal-fired power fleet.
Reliance Industries Limited (RIL) and BP have announced first gas from Asia’s deepest offshore project.
Fluor has reported revenue of $3.8 billion for the third quarter of the year, with earnings of $19 million.
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.
Renewables firm Statkraft has reported a “strong response” to a call for local suppliers to get involved in a £20 million electricity grid improvement project it is preparing to start in Keith.
A pilot project to remotely perform inspections on three of offshore cranes on the Norwegian Continental Shelf is ongoing.
A Danish renewables developer has opened a new facility in Scotland aimed at speeding up the deployment and integration of floating offshore wind.
When developer ERM decided Aberdeen would be the home for Dolphyn, its world-first floating green hydrogen project, it said “it will put Aberdeen on the map”.
Trafigura has called for a new levy on marine fuels in order to reduce carbon emissions in the shipping sector.
Could a more diverse workforce be one of the benefits to emerge from the global pandemic? Janette Marx, CEO of global workforce solutions provider, Airswift makes the case that lockdown has broken down the lingering psychological hurdles while technology has allowed difference to be encouraged and enabled.
Oil fell as economic signals out of Europe and Asia flashed warning signs about the rebound in crude consumption.