Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil Vessel

Shell took legal action after Greenpeace activists boarded a vessel in January 2023 near the Canary Islands off the Atlantic coast of northern Africa to protest against oil drilling, travelling on it as far as Norway.

December 10, 2024

E&P Highlights: Dec. 2, 2024

Here’s a roundup of the latest E&P headlines, including production updates and major offshore contracts.

December 2, 2024

Drilling Tools International to Buy UK’s Titan Tools Services

Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa.

October 31, 2024

E&P Highlights: Oct. 28, 2024

Here’s a roundup of the latest E&P headlines, including a new field coming onstream and an oilfield service provider unveiling new technology.

October 28, 2024

SLB Earnings Rise, But Weakened 4Q and 2025 Ahead Due to Oil Glut

SLB, like Liberty Energy, revised guidance lower for the coming months, analysts said, as oilfield service companies grapple with concerns over an oversupplied global oil market.

October 22, 2024

E&P Highlights: Oct. 21, 2024

Here’s a roundup of the latest E&P headlines, with a large contract announced offshore Gulf of Mexico and strategic partnerships aimed at optimizing oilfield production.

October 21, 2024

Nigeria Halts Shell Asset Sale, Approves Exxon-Seplat Deal

Nigeria blocked Shell's sale of its entire onshore and shallow-water oil operations. 

October 21, 2024

OPEC Cuts 2024, 2025 Global Oil Demand Growth View Again

The weaker outlook highlights the dilemma faced by OPEC+, which is planning to start raising output in December after earlier delaying the hike against a backdrop of falling prices.

October 14, 2024

RBAC: Environmental Pressures Undercutting the Global Gas Network

RBAC founder and energy economist Robert Brooks worries that environmental goals and pressures have taken a front seat at the expense of affordable energy access to countries such as Africa.

October 10, 2024

Kissler: How Long Will Geopolitical Unrest Support Crude Prices?

Slower global economic growth pulls prices in the opposite direction even as oil prices were up about 4% on Oct. 10 due to factors including risks to Middle East supply.

October 10, 2024