The break-even price for oil production in the ultra deep subsalt layer off the Brazilian coast currently is below $35 per barrel, said on Thursday Brazil's Mines and Energy minister Eduardo Braga.
(Reporting by Luciano Costa; Writing by Marcelo Teixeira)
The Danish Energy Agency has granted a construction permit for 240-megawatt (MW) Jammerland Bugt offshore wind farm, which…
An upcoming U.S. government funding bill is expected to include a plan that would allow year-round sales of gasoline with a higher ethanol blend…
Talos Energy announced on Tuesday that it will terminate its "poison pill" after reaching an agreement with the investment…
SAN FRANCISCO, Dec. 17 - Google H&M Stripe, and other members of the Climate-focused Frontier Coalition will purchase $80…
The price of palm oil in Malaysia fell for the third consecutive session on Tuesday due to weak demand from major destination markets.
ADNOC Drilling, a division of the state oil company in the United Arab Emirates, announced on Tuesday that it had signed…
ADNOC Gas in Abu Dhabi announced on Tuesday the appointment of Fatema al Nuaimi to its CEO position, with effect from January 1…
Shell said on Thursday its unit has made a final investment decision to add two wells at the Perdido platform in the U.S.
Two of Exxon Mobil's top executives stated on Wednesday that they wanted to "participate in" Hess Corp. selling its Guyana…
Ecopetrol, Colombia's largest state-owned energy firm, announced on Wednesday that it had signed five agreements to enhance…
The European power market saw a new high of two years on Wednesday, amid cold temperatures and low wind supplies. LSEG's…
Orsted, a Danish company, announced on Wednesday that it had agreed to sell to Taiwanese Cathay Life Insurance a 50% share…
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