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.
Here’s a roundup of the latest E&P headlines, including production updates and major offshore contracts.
Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa.
Here’s a roundup of the latest E&P headlines, including a new field coming onstream and an oilfield service provider unveiling new technology.
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.
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.
Nigeria blocked Shell's sale of its entire onshore and shallow-water oil operations.
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.
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.
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.