BHP Group (NYSE: BHP) Moves Ahead with Olympic Dam Copper Refinery Expansion to Boost Copper Output
BHP Group (NYSE: BHP) continues to push ahead with the expansion of its copper smelter and refinery at Olympic Dam […]
Energy
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Shell (NYSE: SHEL) To Cut 20% of Workforce in Oil Exploration Division, Reuters Reports
LONDON – Shell (NYSE: SHEL) plans to scale back its oil and gas exploration and development workforce by 20% as
Shell (NYSE: SHEL) To Cut 20% of Workforce in Oil Exploration Division, Reuters Reports Read More »
Equinor (NYSE: EQNR) Abandons Offshore Wind Ventures in Spain and Portugal as Costs Rise
STAVANGER, Norway – Equinor (NYSE: EQNR), a Norwegian energy company, has canceled its offshore-wind projects in Spain and Portugal, in
Equinor (NYSE: EQNR) Abandons Offshore Wind Ventures in Spain and Portugal as Costs Rise Read More »
Equinor (NYSE: EQNR) May Reevaluate UK Oil Sector Investment if Taxes Rise
STAVANGER, Norway – Norway’s Equinor (NYSE: EQNR) may reconsider investing in oil and gas in Britain if the Labour government
Equinor (NYSE: EQNR) May Reevaluate UK Oil Sector Investment if Taxes Rise Read More »
Tech Giants in Power Tug-of-War with Bitcoin Miners Amid AI Expansion
U.S. technology companies are pursuing energy assets held by Bitcoin miners as they race to secure a shrinking supply of
Tech Giants in Power Tug-of-War with Bitcoin Miners Amid AI Expansion Read More »
European Security Services Warn Norwegian Energy Sector of Russian Threats
STAVANGER, Norway – On Monday, the security services from seven European countries briefed Norwegian energy executives and officials, including from
European Security Services Warn Norwegian Energy Sector of Russian Threats Read More »
Shell to Shut-In Portions of Louisiana Zydeco Oil Pipeline for Maintenance
HOUSTON – On Monday, Shell, the oil major, said it plans to shut-in different portions of its Zydeco pipeline system
Shell to Shut-In Portions of Louisiana Zydeco Oil Pipeline for Maintenance Read More »
Energy
GE Vernova (NYSE: GEV) Stock Falls After Turbine Blade Failure at Offshore UK Wind Farm
On Friday, GE Vernova (NYSE: GEV) shares fell nearly 7% following a turbine-blade failure at an offshore wind farm in
GE Vernova (NYSE: GEV) Stock Falls After Turbine Blade Failure at Offshore UK Wind Farm Read More »
Halliburton (NYSE: HAL) Probes Cyber Attack in Collaboration with Law Enforcement
On Friday, Halliburton (NYSE: HAL), a top U.S. oilfield services firm, said it was working with law enforcement to determine
Halliburton (NYSE: HAL) Probes Cyber Attack in Collaboration with Law Enforcement Read More »
Equinor (NYSE: EQNR) Scraps Vietnam Offshore Wind Project, To Close Hanoi Office
HANOI/OSLO – Norway’s state-controlled energy giant Equinor (NYSE: EQNR) has canceled plans to invest in Vietnam’s offshore wind sector, a
Equinor (NYSE: EQNR) Scraps Vietnam Offshore Wind Project, To Close Hanoi Office Read More »
BHP’s Return to Argentina Marks New Hope for Untapped Copper Mines
SANTIAGO/TORONTO – A new incentive regime for mining in Argentina is attracting major players such as BHP (NYSE: BHP), who
BHP’s Return to Argentina Marks New Hope for Untapped Copper Mines Read More »
ArcelorMittal (NYSE: MT) Partners with Atlas Renewables for New Solar Plant in Brazil
SAO PAULO – Atlas Renewables Energy and ArcelorMittal (NYSE: MT) will form a joint venture to build a solar plant
ArcelorMittal (NYSE: MT) Partners with Atlas Renewables for New Solar Plant in Brazil Read More »
Exclusive: Iraq to Share Profits with BP in Kirkuk Oil Development Deal
BAGHDAD – Iraq will share profits with BP (NYSE: BP) from developing its giant Kirkuk oil and gas fields, two
Exclusive: Iraq to Share Profits with BP in Kirkuk Oil Development Deal Read More »
Exclusive: Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say
An arbitration panel that will decide a high-profile clash between Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will delve
Exclusive: Hess Guyana’s Secret Value Becomes Part of Exxon Arbitration, Sources Say Read More »
Orlen and BP (NYSE: BP) Ink 12-Month Contract for 6 Million Tons of Oil
GDANSK – Polish state-owned refiner Orlen will receive 6 metric tons of oil from British energy group BP (NYSE: BP)
Orlen and BP (NYSE: BP) Ink 12-Month Contract for 6 Million Tons of Oil Read More »
BP (NYSE: BP) Tells Regulators Venture Global Doesn’t Need More Time to Start Production
HOUSTON – On Wednesday, BP Plc (NYSE: BP), the oil and gas producer, told federal regulators that it has reviewed
BP (NYSE: BP) Tells Regulators Venture Global Doesn’t Need More Time to Start Production Read More »
Equinor (NYSE: EQNR) and Dominion (NYSE: D) Win US Central Atlantic Offshore Wind Auction
Norway’s Equinor (NYSE: EQNR) and U.S. power company Dominion (NYSE: D) were the winning bidders in a U.S. government offshore
Slowing Global Jet Fuel Consumption Adds to Oil Demand Concerns
NEW YORK – Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets,
Slowing Global Jet Fuel Consumption Adds to Oil Demand Concerns Read More »
New Drilling Technology To Put Billions of Barrels of Oil in Reach, Analysts Say
HOUSTON – An oil production breakthrough that producers say can safely tap ultra-high pressure fields could put up to 5
New Drilling Technology To Put Billions of Barrels of Oil in Reach, Analysts Say Read More »
US Shale Companies Extract More Crude Using Fewer Rigs
HOUSTON – Greater operating efficiencies in the top U.S. shale patch are squeezing out more oil without higher spending, according
US Shale Companies Extract More Crude Using Fewer Rigs Read More »
Shell (NYSE: SHEL) and PetroChina to Expand Surat Coal Seam Gas Project in Australia
Shell (NYSE: SHEL) and PetroChina have decided to expand the Surat coal seam gas project (SGP) in Queensland, the British
Shell (NYSE: SHEL) and PetroChina to Expand Surat Coal Seam Gas Project in Australia Read More »
TotalEnergies (NYSE: TTE) to Sell 50% Stake in Total PARCO Pakistan to Global Trader Gunvor
KARACHI – French oil major TotalEnergies (NYSE: TTE) has agreed to sell its 50% stake in oil marketing company Total
Chevron (NYSE: CVX) Evacuates Non-Essential Staff from Gulf of Mexico Sites as Debby Approaches
On Sunday, Chevron Corp (NYSE: CVX) said that non-essential personnel from its Blind Faith and Petronius facilities in the Gulf
Shell (NYSE: SHEL) Tops Estimates with $6.3 Billion Q2 Profit
LONDON – Shell (NYSE: SHEL) reported a second-quarter profit of $6.3 billion, a drop of 19% from the previous three
Shell (NYSE: SHEL) Tops Estimates with $6.3 Billion Q2 Profit Read More »
