FPSO P-78 arrives at the Búzios field
After leaving the Benoi shipyard in Singapore on July 13th, the FPSO P-78 has arrived at the Búzios Field in the Santos Basin pre-salt layer,…
European Parliament Seeks Faster Phaseout of Russia Oil, Gas
(Bloomberg) — The European Parliament is considering accelerating a phaseout of Russian oil and gas imports in a…
Inside JPMorgan’s Investment Bank, Nuclear Hype Raises
(Bloomberg) — Inside the investment banking division of JPMorgan Chase & Co., there’s concern that enthusiasm for nuclear…
Nigeria Lost About 16% of Oil Output During 3-Day Dangote
(Bloomberg) — Nigeria suffered significant crude and gas production losses after a three-day oil workers’ strike that threatened…
Buyout Bets for $34 Billion Czech Utility Face Election Test
(Bloomberg) — Investors are snapping up shares in the Czech Republic’s biggest power utility, betting a potential win…
BP Approves $5B Offshore Project in Gulf of Mexico
BP (NYSE:BP) is moving forward with plans to develop an offshore drilling project in the Gulf of Mexico…
ADIPEC Energy. Intelligence. Impact Webinar
ADIPEC Energy. Intelligence. Impact Webinar As the world faces a dual imperative, building resilience in the face of…
Imperial Oil to Cut 20% of Workforce as Crude Prices Drop
(Bloomberg) — Imperial Oil Ltd. plans to trim its workforce by about 20% by the end of 2027…
Total Pressured on Payouts, Green Strategy After Debts
(Bloomberg) — TotalEnergies SE is under mounting pressure to show it can sustain payouts and deliver returns from…
Global drilling is a mixed bag during 2025
OLIVIA KABELL, Associate Editor The short-to-near term outlook for global upstream activity looks to be restrained, considering that…
France Awards its Largest Offshore Wind Project to TotalEnergies Consortium
France’s Ministry of Industry and Energy announced the selection of a consortium headed by TotalEnergies for the…
Sempra sells $10 billion stake and greenlights LNG expansion
US energy company Sempra is cashing in on part of its infrastructure arm with a $10 billion sale, while…