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BW Group to Spin Off BW Energy
Rigzone· 18 minutes agoMaritime company BW Group Limited is spinning off its oil and gas business BW Energy. BW Energy said in a statement that the move will not involve “any change to the ultimate ...
EIA estimates slower world oil demand growth in 2024
Offshore Technology via Yahoo Finance· 2 hours agoThe latest report by the US Energy Information Administration (EIA) predicts slower global oil demand growth for 2024 and a 2% decline in US natural gas...
Oil Companies Expand Offshore Drilling, Pointing to Energy Needs
New York Times· 5 days agoShell and others say they plan to drill for oil and gas in the Gulf of Mexico in part because doing...
This oil platform stopped pumping 30 years ago. Alaska still won’t make the owner tear it down.
Alaska Beacon via Yahoo Finance· 11 hours agoThe Spurr oil platform stopped pumping crude from beneath the silty ocean water outside Anchorage in...
KNOT Offshore Partners (NYSE:KNOP) Downgraded by StockNews.com to Buy
ETF DAILY NEWS· 8 hours agoStockNews.com lowered shares of KNOT Offshore Partners (NYSE:KNOP – Free Report) from a strong-buy rating to a buy rating in a research note released on Tuesday. KNOT < ...
Some Cook Inlet oil platforms have sat unused for years. This reporter decided to find out why.
Alaska Public Radio Network· 19 hours agoThere are 17 offshore oil platforms in the waters of Cook Inlet, not far from Anchorage. Nat Herz is...
Greece extends naval advisory to deter Russian oil ship-to-ship transfers
Reuters· 1 hour agoGreece in a rare move over the past weeks has issued two NAVTEX notices for military exercises in the Laconian Gulf area urging merchant and other vessels to avoid the area. Following Russia's ...
The Expansion of Offshore Drilling by Oil Companies
Newswise· 1 day agoIn a bold move, oil companies are significantly ramping up their offshore drilling operations, reflecting a global surge in demand for energy.
CNOOC Starts Production at New Gas Development in China's Bohai Sea
Rigzone· 6 hours agoCNOOC Ltd., majority held by state-owned China National Offshore Oil Corp. (CNOOC), said Tuesday it...
BP eyes 2025 FID for Tiber oil project in US Gulf of Mexico - executive
Reuters· 22 hours ago, opens new tab is considering a 2025 financial greenlight decision for its Tiber offshore oil...