The chief executives of 12 major oil and gas firms have written an open letter saying the Covid-19 pandemic won't delay climate action but has instead "sharpened" the focus on it.
The UK is poised to lead the way as operators increase spending on North Sea decommissioning work amid low oil prices, according to a new report.
China has arguably triumphed in its face-off with Malaysia over oil and gas exploration in the disputed waters of the South China Sea.
European oil majors have made great strides in setting out plans to reduce greenhouse gases, but they aren’t enough to meet the goals of the Paris climate agreement, according to a report by money managers overseeing more than $19 trillion.
Repsol and the National Oil Corp. (NOC) are making progress with their plans to produce LPG at the Sharara oilfield, in southern Libya.
It has been encouraging to witness many oil and gas majors sign up to the energy transition and net zero. Repsol, BP, Total, Shell and Equinor have all outlined their strategies.
Demand destruction and sustained oil prices below $40 per barrel mean Asia Pacific is bracing itself for a brutal wave of cost cutting that will see its reliance on imports rise as upstream investment is hit hard.
A new chief executive has today taken on the top job at North Sea operator Repsol Sinopec Resources UK.
Spanish oil and gas firm Repsol has confirmed that a workers at the company's Andalucia office has been diagnosed with coronovirus (Covid-19).
One of the world’s largest and most important energy industry gatherings was cancelled by organiser IHS Markit Ltd. on Sunday amid mounting concerns about the coronavirus outbreak. It was due to start March 9.
A buyer of LNG has cancelled two cargoes from Cheniere Energy, the biggest US exporter, as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
A Spanish oil giant has set aside nearly £700 million in case it ends up on the wrong side of a long-running arbitration centred on a UK North Sea joint venture.
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
Tullow Oil Plc discovered light oil at its Carapa-1 well in Guyana, but the reservoir was smaller than the troubled company had expected prior to drilling. Shares fell as much as 20%.
The Atlantic Ocean's first floating wind farm has reached its halfway point, according to a consortium of firms behind the project.
Reuters DecomWorld confirm over 30 international E&P’s to Join 12th annual decommissioning summit in Houston, 2020
DecomWorld – part of Reuters Events- today announced the confirmation of over 30 international E&P delegations to attend their 12th Annual D&A Summit (March 31 – 1 April, Houston).
Repsol SA embarked on the most ambitious attempt yet by an oil major to align itself with the Paris climate goals, saying it will eliminate all greenhouse gas emissions from its own operations and its customers by 2050.
Norwegian energy giant Equinor has sold its stake in the Eagle Ford asset to Repsol for more than £250 million.
One of the most serious safety issues associated with North Sea drilling could soon be a thing of the past thanks to a new technology created and developed in Aberdeen.
Continued stability in the global oil and gas industry is expected to deliver a record £57.7 billion in dividend payments for investors next year.
The Oil and Gas Climate Initiative (OGCI) today unveiled a series of initiatives aimed at reducing greenhouse gas emissions (GHGs).
An incident on Repsol's Gyda platform "could have resulted in loss of human life" after one person was injured when a dropped object caused a worker to fall, the Petroleum Safety Authority Norway (PSA) said today.
An Aberdeen-based business network has launched a "behavioral charter" designed to combat gender inequality within the North Sea oil and gas sector.
Repsol's chairman has hit out at governments across the European Union (EU), accusing them of "placating" citizens by "demonosing" the oil and gas sector.