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Oil price forecasts cut as supply risks trend lower
Reuters· 15 hours agoAnalysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower risks to supply from ongoing wars in the Middle...
Navigating uncertainties in LNG: new magazine issue out now
Offshore Technology via Yahoo Finance· 2 days agoThis month in our digital magazine: an outlook for LNG supply and demand, the growing popularity of...
ConocoPhillips agrees to acquire Marathon Oil in $22.5bn deal
Offshore Technology via Yahoo Finance· 2 days agoOther noteworthy transactions in the industry include the $12bn purchase of CrownRock by Occidental...
Saturday letters: Allow wind power to move forward; our number-one bus hub
The Providence Journal via Yahoo News· 7 days agoAs we face a growing climate crisis, this is like making a firefighter start a new blaze before they...
The High Cost of Moving Industry Offshore
Oilprice.com via Yahoo Finance· 5 days agoOffshore industrialization is facing mounting challenges, exacerbated by spiking fossil fuel prices and the potential consequences of a transition to an...
Hess shareholders approve $53bn merger with Chevron
Offshore Technology via Yahoo Finance· 3 days agoHowever, the deal is at the risk of jeopardy due to Exxon’s claim of a right of first refusal on Hess’ assets in Guyana. These assets are part of a...
Brazil: Final Investment Decision for Atapu-2 and Sépia-2 Oil Developments
Morningstar· 5 days agoThe Atapu field has been producing since 2020 through the P-70 Floating Production Storage and Offloading (FPSO) unit, with a production capacity of 150,000 barrels of oil ...
Shell Plans Job Cuts in Offshore Wind Business
Rigzone· 3 days agoShell Plc is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the...
Petrobras (PBR) Inks $1.25 Billion Buzios 9 Deal With Subsea 7
Zacks via Yahoo Finance· 2 days agoPetrobras (PBR) awards Subsea 7 a $1.25 billion contract to develop the B??zios 9 field in the...
ConocoPhillips to acquire Marathon Oil in $22.5 billion deal - The Boston Globe
The Boston Globe· 2 days agoOil, the latest deal in a wave of consolidation sweeping theoil industry. The acquisition “further...
