The Biden-Harris Administration today submitted to Congress the President’s Budget for fiscal year 2023.
At its annual investor meeting on March 1, Chevron Corporation (NYSE: CVX) reported on its progress to deliver higher returns and advance a lower carbon future.
Commentary from Vivek Srivastava, Senior Trade Analyst at VesselsValue.
The UK Hydrographic Office (UKHO) has started surveying the seabed of the southern waters of Belize as part of the UK government’s Commonwealth Marine Economies (CME) Program.
Prysmian Group is keeping pace with executing its investment plan of about €1 billion by 2024, mainly targeted at developing businesses that support the energy transition.
ExxonMobil has issued the following statement regarding the situation in Ukraine:
Seadrill 2021 Limited announced on February 23, that it has emerged from Chapter 11 after successfully completing its reorganization pursuant to its Chapter 11 plan of reorganization (the “Plan”). The Plan was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas on October 26, 2021.
Using VesselsValue data, Charlie Long, Offshore Analyst, has analyzed the fate of Teras Offshore's Liftboat fleet looking at their assets and sales following their liquidation announcement on 30th December.
On January 21, 2022, TotalEnergies announced its decision to withdraw from the Yadana field and from gas transportation company MGTC in Myanmar, both as operator and as shareholder, because the situation in this country no longer allowed TotalEnergies to make a sufficiently positive contribution.
ExxonMobil has announced detailed plans at its annual Investor Day to deliver industry-leading earnings, cash flow growth and shareholder returns, and lead in the energy transition across a range of lower-emissions scenarios.
Energy industry leaders say the energy transition is accelerating faster than ever, and that 2022 is set to be a strong year for industry growth, as set out in a new global report from DNV analyzing the views of more than 1,000 senior energy professionals.
VAALCO Energy Inc. announces the successful completion of the Etame 8H-ST development well that was drilled from the Etame platform in the Etame field, offshore Gabon.
Shell plc (Shell) has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner, aligned with new government guidance.
The Board of Shell plc has announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture.
In the fourth quarter of 2021, revenue growth at 24.8% was particularly strong and supported by all regions, business lines and market segments. EBIT margin was 4.3% compared to 1.1% in the comparable period last year as a result of improved performance in Americas and Middle East & India, in particular in marine.
The European Investment Bank (EIB) and Prysmian Group, a world leader in the energy and telecom cable systems industry, announces that they have finalized financing of €135 million intended to support the Group’s 2021-2024 R&D plans in Europe.
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