BP is not Elliott’s only current campaign in the oil fields. In the spring of 2024, Elliott revealed a $1 billion stake in ...

Murphy Oil downgraded at Barclays, saying the company requires $60/bbl WTI crude to cover its capex and dividend, the highest ...

The FPSO is engineered for a minimum production capacity of 250,000 barrels of oil per day and a storage capability of around two million barrels. Once operational later this year, it will push ...

The United Arab Emirates (UAE) is strengthening foreign policy to build influence in East Africa and countries along the Red Sea as it secures large investment deals in the region’s oil and gas sector ...

bp PLC plans to start a Shah Deniz Compression (SDC) platform by 2029, said Interfax in an Apr. 4 report.

Morgan Stanley's (NYSE:MS) E*Trade online brokerage platform is aiming to attract so-called day traders with Power E*Trade Pro, a new platform it announced on Monday. The announcement on E*Trade's ...

Hurricane Beryl’s property devastation in Brazoria County was minimal, county officials said, but the county is still trying to recover financially from the Category 1 storm that made landfall ...

Brazilian authorities announced Saturday that the Almirante Tamandaré (Búzios 7) offshore oil production platform, the largest in the country, began operating in the Búzios Field, in the Santos ...

A German online heating oil platform registered record fuel sales on the day that crude prices plunged to a four-year low earlier this month. The Heizoel24 sales platform handled the highest ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, following a 1 rig gain in the prior week.

Beryl, Helene, and Milton will be retired from the Atlantic hurricane list and will be replaced with Brianna, Holly and Miguel John will be retired from the eastern Pacific list and will be ...