Apache, a Texan company, said in November that it will cease all production at its UK assets by December 2029. It said this is “well ahead of what would have been an otherwise reasonable time frame”.
UK contractor John Wood Group (Wood) has secured another contract from an oil and gas fields operator in Australia to add to ...
Back in October, the UK Government announced it would increase a windfall tax on companies drilling in the North Sea from 35% to 38%. Labour plans to use the revenue from oil and gas taxation to fund ...
It was a week when oil prices rose while natural gas futures briefly surpassed the $4 mark. The headlines revolved around energy biggie ExxonMobil’s XOM Q4 earnings update and downstream operator ...
Explore strategies that re-energize procurement, driving cost savings, operational efficiency and sustainability across ...
XOM urges Texas to keep the details of its large offshore CO2 lease private, citing the importance of protecting its ...
Exxon Mobil Corporation XOM has projected a sharp decline in its fourth-quarter earnings due to weak performance across all its business segments, including significant headwinds in refining and ...
ExxonMobil has awarded a major contract related to the removal of 12 old offshore platforms in Australia as part of an ongoing decommissioning commitment in its legacy Bass Strait region. The ...