Petrofac’s Engineering & Production Services division has secured a one-year contract extension worth around US$80 million with a key client in Iraq.

BP has announced that it plans to create the UK's largest 'blue' hydrogen production facility in the Tees Valley.

The UK government revealed plans to slash the amount of carbon dioxide spewed out by factories and other industrial processes by two-thirds within the next 15 years.

Abu Dhabi National Energy Co. is considering options for its oil and gas assets, including a potential sale, as the state-owned utility focuses more on power generation, people familiar with the matter said.

Chevron Corp. is misleading consumers about its efforts to reduce greenhouse gas emissions, environmental groups said in what they described as a first-of-its-kind complaint filed with the Federal Trade Commission.

Germany is betting the U.S. administration will take a pragmatic approach to the Nord Stream 2 project to ship Russian gas to Europe and is pushing for the pipeline’s completion in defiance of U.S. opposition, officials and diplomats said.

BP Plc abandoned three oil projects in Kazakhstan after it changed strategy to concentrate on renewable energy and its existing ventures.

Total on Tuesday posted a net income of $891 million for the fourth quarter of 2020, a 66 per cent decrease from the income in the same period od 2019, which totalled $2.6 billion.

Piracy activity on the Mexican side of the Gulf of Mexico seems to be picking up, with several attacks in the past month on offshore support vessels.

ussia’s finance ministry is looking to raise as much as US$1.93 billion (143 billion Russia rubles) in taxes from the oil industry over the next two years, as the oil price crash has shrunk Russia’s key revenue stream—oil.