Saudi Oil Minister Khalid Al-Falih signaled the possibility the initial public offering of Saudi Aramco could be delayed beyond 2019, saying that "timing isn’t critical for the government of Saudi Arabia."
Brent crude oil fell to below $74 a barrel as OPEC and its allies inched closer to reaching an agreement on relaxing output curbs at a meeting in Vienna this week.
Lloyds Register (LR) has started work on a test project to help deliver major cost reductions on AkerBP’s Skarv floating production, storage and offloading vessel (FPSO).
Dallas-based Texas Coastal Energy Company and its chief executive officer committed federal securities fraud by lying to investors and misappropriating $2.6 million of their money, the U.S. Securities and Exchange Commission said Tuesday.
Shell Global Solutions International BV has today joined the Offshore Wind Accelerator (OWA), the Carbon Trust’s collaborative research, development and demonstration programme.
A report due to be published by the Norwegian Petroleum Directorate (NPD) today will claim there are still "plenty" of oil and gas discoveries to be made in the North Sea, the Barents Sea and the Norwegian Sea.
A leading petro-economist has said there are “opposing forces” clouding what may happen when some of the world’s largest oil producing nations meet tomorrow.
In the year since the Brent Delta platform came ashore for dismantling, its past and present owners have found there isn’t much that can’t be reused or given away.
Amongst the blizzard of publicity around the deployment of the Microsoft data centre in the water at the European Marine Energy Centre (EMEC) a question kept coming up in interviews ‘…. er … why do it in Orkney of all places?’
The world's most powerful offshore wind turbines were commissioned yesterday and are now fully confirmed for use on the 100 turbine Moray (East) Wind Farm development, due to begin construction in 2022.
The U.S. shale boom kicked off with natural gas a decade ago, and dry gas production is expected to keep surging by another 60 percent during the next 20 years, according to a new report Wednesday.
Conamix, an Ithaca, New York-based battery-technology startup, raised $2 million from investors including an Exelon Corp.-backed company focused on innovations in energy storage.
Solar panels were already getting cheaper this year, and then China pulled the plug this month on about 20 gigawatts of domestic installations. The result was a glut of global inventories, and now prices are plunging even faster.