Oil drops nearly 3% as US-China trade war persists
This combination image shows US President Donald Trump (left) in Miami, Florida on 3 April 2025 and China President Xi Jinping (right) in Beijing on 5 March 2025. Photo: AFP/SCANPIX
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This combination image shows US President Donald Trump (left) in Miami, Florida on 3 April 2025 and China President Xi Jinping (right) in Beijing on 5 March 2025. Photo: AFP/SCANPIX
An aerial photo shows the marsh area affected by an oil and gas spill near Garden Island Bay, Louisiana on Monday, 28 April 2025. Photo: US COAST GUARD DISTRICT 8
Nabors suspends operations in Russia amid US sanctions Drilling contractor ‘does not expect activity in this market to resume in the near term’
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Southern Energy wins historic permit to export LNG in Argentina Terminal to tap unconventional resources from the Vaca Muerta shale formation will be operational in mid-2027
BP CEO Auchincloss bullish about ‘pretty profitable’ Iraq deal Chief executive Murray Auchincloss says production would be 'quickly' cashflow poistive
Strategy to cut oil and gas 'doomed to fail,' says Tony Blair Former UK prime minister's comments appear at odds with his party's commitment to wind down oil and gas …
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Petrobras fires up tender to charter 18 offshore support vessels New bidding opportunity may result in contract awards totalling more than $800 million
Carney wins Canada election as bitter rival concedes defeat Mark Carney's Liberal Party wins Canadian election, but could be short of parliamentary majority, amid needs to address Alberta demands
Gas is flared during a drill stem test on TotalEnergies' Luiperd-1X well offshore South Africa, which was drilled by Odfjell Drilling's semi-submersible rig Deepsea Stanvanger. Photo: ODFJELL DRILLIN
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Second FSRU for Germany’s Deutsche Energy Terminal arrives at Wilhelmshaven Delayed start for additional unit as country grapples with energy needs and decarbonisation moves
Top explorer in Norway moves rapidly to drill Othello follow-up prospect Page prospect is to be drilled using the jack-up Noble Intrepid which will mobilise from the UK
BP green strategy chief out as supermajor's profits plunge Head of strategy Giulia Chierchia set to depart in new break with former CEO Looney's green vision
Strike action looms as North Sea pay talks drag The pay deals are being negotiated against a backdrop of great uncertainty across the UK North Sea industry
BP profits almost halve to $1.4 billion in first quarter UK supermajor revises 2025 capital expenditure and divestment guidance as it continues with a strategy reset announced in February.
Europe 'needs offshore wind supercluster' to stay on pole Cooperation-minded industry leader claims it is time to buttress Europe's technology lead with new levels of cooperation
New power from shore project steps up the pace in Norway Electrification of offshore oil and gas facilities is seen as crucial for lowering carbon emissions
China issues directive to boost private sector role in green energy transition Latest move underscores China’s ongoing commitment to diversify investment sources, accelerate the energy transition and