Oil climbed toward $70 a barrel after a run of three weekly gains as investors tracked the slow restoration of supplies in the Gulf of Mexico and the outlook for demand and inventories over the fourth quarter.
Gulf of Mexico
Shell Offshore has reported damage to its West Delta-143 (WD-143) offshore facilities following Hurricane Ida.
ExxonMobil is tapping the US Strategic Petroleum Reserve to revive gasoline production in Louisiana after Hurricane Ida left much of the devastated state’s refining and oil production offline.
Four workers on the Noble Globetrotter II have been evacuated after the drillship was caught up in Hurricane Ida.
Noble Corp. has reported its Noble Globetrotter II drillship is safe after undergoing “hurricane-force conditions”.
Tropical Storm Ida has formed in the Caribbean and is forecast to a grow into a powerful hurricane in the days ahead, wreaking havoc across the Gulf of Mexico and ultimately crashing into the US coast.
Five people have been killed and several others are injured or missing following an explosion at a Pemex oil platform in the Gulf of Mexico.
Shell has taken the final investment decision (FID) on the Whale project, in the US Gulf of Mexico, copying many of the aspects of its Vito project.
Oil firm Pemex has said there was no environmental damage caused, days after a viral clip was shared online of an "eye of fire" near an offshore platform in the Gulf of Mexico.
A fire near the Pemex Ku-Maloob-Zaap oil platform complex in the Gulf of Mexico has been controlled following a gas leak.
Storegga Geotechnologies, the driving force behind Aberdeenshire’s Acorn project, is eyeing up carbon capture and storage (CCS) opportunities across the pond.
Chevron has awarded Worley a contract to modify services for one of its deepwater production facilities located in the Gulf of Mexico.
One person is dead and rescuers are still searching for 12 missing people after a vessel capsized in the US Gulf of Mexico during a storm on Tuesday afternoon.
Kosmos Energy has appointed two former Cobalt International Energy executives to run its exploration business.
The Argos platform for the BP-operated $9 billion Mad Dog 2 project has arrived in the US after completing its 16,000-mile journey from South Korea.
Sparrows Group has bagged a five-year contract worth more than £1 million for work in the US.
Shell said today it expects to record post-tax charges of £2.6 billion to £3.4bn in the fourth quarter of 2020.
Seadrill has bagged £39million worth of new contracts but confirmed plans to press on with scrapping a number of rigs in its fleet.
BP has shared a video of a robot dog being used on one of its oil and gas platforms.
The US company best known for wielding a heavy-lift vessel whose huge, yellow trusses have drawn comparisons with McDonald’s Golden Arches logo is preparing to take another crack at the North Sea market.
Oil advanced to the highest in two weeks as Hurricane Delta heads toward the energy-producing Gulf of Mexico region.
The Covid-19 pandemic has devastated global oil and gas project sanctioning this year and will cause total committed spending to drop to around $53 billion from 2019’s $190 billion, Rystad Energy says.
Offshore companies have started to evacuate workers from production platforms and drilling rigs in the Gulf of Mexico ahead of Hurricane Marco and Tropical Storm Laura.
Transocean Deepwater plans to lay off as many as 110 workers after the Houston offshore driller could not secure a new contract for one of its drillships amid low oil prices.
Offshore environmental management services firm Tems has secured two new contracts worth a total of more than £1 million for work in the deepwater Gulf of Mexico.