Oil and Gas News

STEINHAUSEN, Switzerland, -- Transocean Ltd. (NYSE: RIG) has officially announced that the harsh environment semi-submersible…

Ulstein Verft has signed a ship building contract with the Germany-based Bernhard Schulte for a service operation vessel (SOVs) of…

Maersk Line has been nominated for Company of the Year, Container Operator of the Year and Lloyd’s List Intelligence Data…

DALLAS---- Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) has officially announced that it has signed a…

DES PLAINES, Ill., -- Honeywell (NYSE: HON) has officially announced that Fuji Oil Co., Ltd. has begun using Honeywell UOP's new…

KANSAS CITY,  -- The Naval Facilities Engineering Command (NAVFAC) Northwest awarded Burns & McDonnell a $40 million…

DALLAS,  -- The most recent industry report from the American Wind Energy Association (AWEA) shows Dallas-based Tri Global Energy…

Caterpillar Inc. has posted second-quarter revenue and earnings that beat analysts’ estimates. The Company also raised its…

Oil prices rose last week, after several significant political and economic developments around the world, including Saudi…

TULSA, Okla.,  -- Magellan Midstream Partners, L.P.  has officially announced that an additional expansion of the western leg of…

BOSTON, -- A new discussion paper released by Brattle economists addresses how regional wholesale power markets can help meet…

The two largest companies held by the Romanian state will pay RON2bn (€430mn, 0.2% of the year's GDP) in dividends to the budget…

Petrofac Limited ("Petrofac" or "the Company") announces that it has today signed an agreement to sell 49% of the Company's…

An especially sunny summer season is helping solar power plants in Germany to achieve strong figures. Berlin (dpa) - Amid a sunny…

He led GE Asset Management (GEAM), a global investment firm with about US$120 billion in assets under management at the time…

Russian President Vladimir Putin has confirmed a major boost to the navy's fleet, some armed with Kalibr cruise missiles. In a…

Acquisition accretive to earnings and cash flow, delivered within existing financial frame. Company increases dividend for first…

Paris – The Ichthys LNG Project reached a major milestone on July 27 with the opening of the first offshore production well,…

Munich (dpa) - Part of Munich Airport was closed off Saturday after a woman slipped past a security checkpoint, sowing chaos for…

WASHINGTON—Last week, 21 governors, their staff, policy experts, international leaders and business executives met in Santa Fe,…

Paris – Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block 32,…

Berlin (dpa) – Berlin on Friday blocked China's entry into the German electricity sector on the grounds of national security.…

Berlin (dpa) - The German government aims to set up tax incentives to promote the purchase of electric-powered cars used by…

Hon. Medard Kalemani, Minister of Energy, United Republic of Tanzania, will outline the vision for Tanzania’s industrialisation…

By Michael Fischer, dpa Seoul (dpa) – German Foreign Minister Heiko Maas has offered Berlin's support in helping to drive…

Keppel Offshore & Marine's wholly owned subsidiary, Keppel Shipyard, is on track to deliver a Floating Production Storage and…

Paris - Total announces that it has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants…

In the medium-term, Norwegian E&P industry is set for output increase, particularly driven by start-up of Johan Sverdrup…

According to Rystad Energy report, there have been a massive need for recruitment in the offshore space as new projects are being…

By Ndubuisi Micheal Obineme Africa is the fastest growing and has the largest population of persons. The region has had a host of…