Dayrates for offshore rigs close to $400,000 Mergers, scrapping rigs leaves fewer, leaner drillers Europe seeks to wean itself off Russian fuel OSLO, May 27 (Reuters) – Rental rates for offshore oil and gas rigs […]
BERLIN, May 27 (Reuters) – Ministers from the Group of Seven countries on Friday called on OPEC to act responsibly to ease a global energy crunch brought on by the Russian invasion of Ukraine, even […]
May 27 (Reuters) – Iran on Friday summoned the envoy of Switzerland, which represents U.S. interests in Tehran, to protest against the U.S. seizure of Iranian oil from a Russian-operated ship near Greece, the foreign […]
WASHINGTON, May 26 (Reuters) – The National Highway Traffic Safety Administration said on Thursday it has asked Tesla Inc (TSLA.O) for information about a recent 2021 Tesla Model U fire in Vancouver, British Columbia, in which a […]
Sri Lanka is receiving Russian crude oil that it will use to make fuel as the bankrupt nation faces crippling shortages of everything from gasoline to diesel. The Russian grade of Siberian Light will be […]
The U.S. Energy Information Administration recently updated its Natural Gas Pipeline Project Tracker with recently approved and completed natural gas pipeline projects. In the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved […]
The U.S. Department of the Interior has announced the first-ever offshore wind lease sale proposed on the Outer Continental Shelf offshore California. In May 2021, Secretary of the Interior Deb Haaland, White House National Climate […]
SAN RAMON, Calif., May 26 /BusinessWire/ — Chevron Corporation (NYSE:CVX) today announced a simplified organizational structure and senior leadership changes intended to strengthen execution and pace to deliver on the company’s objectives of higher returns […]
HIGHLIGHTS UK windfall tax can bring in GBP5 bil EU continues to weigh Russian oil embargo Brent and WTI crude oil benchmarks edged down in midday Europe trading May 27 after gaining throughout the week […]
London (CNN Business)The UK government is introducing a £5 billion ($6.3 billion) tax on the windfall profits of its oil and gas companies, bowing to pressure from campaigners to raise money to help millions of people […]
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