Oil and gas giant BP is set to work with a shareholder activist group towards a climate resolution, it announced today.
Total and Chevron have cancelled rigs contracted from Valaris, working in Angola, the drilling company has announced.
As oil crashes due to the impact of the coronavirus, it’s easy to overlook an even more dismal reality for producers: the real prices they’re getting for their barrels are worse still.
Ithaca Energy has been warned by the UK's safety watchdog after exposing workers to “risk of serious personal injury or death from fire and explosion” on a North Sea vessel.
Construction and installation of subsea structures can be challenging in countries with limited local capacity, and Aquaterra Energy aims to fill a niche with its conductor supported platform (CSP).
To understand the crisis engulfing the world’s largest oil companies, just look at their dividend yields.
Sonatrach has signed a memorandum of understanding (MoU) with Chevron, the Algerian company said.
Petronas is considering selling its stake in a joint project in Chad with ExxonMobil, according to people familiar with the matter.
Don’t count on America’s oil giants to join their rivals across the pond in ambitious efforts to cut carbon dioxide emissions.
A US oil major that sold most of its UK offshore business last year has become an Aberdeenshire-based research centre’s first industrial “anchor partner”.
Chevron Corp. asked traders and other staff at its Canary Wharf office in London to work from home as a precaution after an employee was tested for the coronavirus, according to a person familiar with the matter.
Royal Dutch Shell Plc is pushing ahead on its massive deep-water drilling plan in Mexico, even as it doesn’t foresee production starting under the current government.
It was an interesting year for deal-making in 2019, despite political and economic challenges.
A company which was backed by the British Government has raised 16 million US dollars (£12 million) from investors including US oil major Chevron in a bid to spread its technology to capture carbon from industrial plants.
BP Plc’s pledge to zero out all its carbon emissions by 2050 deepens the divide between major European and American oil producers on climate change, increasing the pressure for Exxon Mobil Corp. and Chevron Corp. to do more.
Chevron has lined up a Sea Swift platform from Aquaterra Energy for work on the Lifua-A field, in Block 0.
Hill of Rubislaw in Aberdeen reflects the changing face of the North Sea oil and gas industry, two of the north-east’s leading commercial property experts said yesterday.
Chevron reported a massive $6.6 billion loss in the fourth quarter after $10.4 billion in write-offs in North America because of continuously weak natural gas prices.
European and Chinese oil and gas firms are well ahead of US rivals in the energy transition race, new research has found.
Looming wave of final investment decisions (FIDs) will provide massive boost for offshore oilfield service sector in Southeast Asia
Trump administration officials have given five energy companies with strong ties to Houston another three months in the oil fields of Venezuela.
Trac Oil and Gas’ boss has hailed the return to “sustainable” profit levels for the rope access inspection, repair and maintenance firm after several “challenging” years.
The largest oil and gas companies for years have lived beyond their means and paid more money to investors than they can reasonably afford, according to a new report.
Bosses at commercial property consultancy FG Burnett have toasted a successful year, with the firm at the heart of a third of all office deals in Aberdeen during 2019.
A swell of offshore project approvals means a “new investment cycle is in the making”, according to analysts.