Oil services firm Subsea 7 has overcome problems at Petrobras' Guará-Lula offshore project in Brazil and expects to complete work by the end of the year, Chief Executive Jean Cahuzac said on Thursday.
The firm has suffered extensive delays at the $1 billion project and has written off several hundred million dollars in expected full-life project losses related to Guará-Lula.
(Reporting by Gwladys Fouche; Editing by Balazs Koranyi)
NTPC Green Energy (the renewable energy arm of the state-owned NTPC) received bids totaling 154.06 Billion Rupees ($1.83…
Malaysian palm futures fell on Friday, their biggest weekly drop in over a year. Weak soybean oil prices and concerns about demand weighed them down.
The Kremlin said on Friday that the new U.S. Sanctions on Russia's Gazprombank are an attempt by Washington, to hinder the Russian gas export.
Malaysian palm futures fell on Friday, and are headed for another week of losses. Weak soybean prices and looming concerns…
BP and its partners announced that they will invest $7 billion into a carbon-capture project and the development of gas fields…
Rystad, a consultancy, said that major oil and gas companies are investing more in biofuels, betting on sustainable aircraft fuel (SAF).
Malaysian palm futures dropped more than 2% Wednesday due to a weaker Chicago soyoil price and sluggish demand for exports.
According to an announcement on the ministry's website, China's Industry Ministry finalised on Wednesday investment guidelines…
Australia and India will work together to increase investment in renewable energies, such as solar manufacturing, batteries, and mineral processing.
The return to service of BP's BP.L Whiting, Indiana refinery has been delayed, industry sources said.BP started the planned…
According to a Securities filing, the Brazilian state-run company Petrobras announced Monday that it had proposed a $111…
Companies seeking to claim proceeds from a court auction of shares in a parent of Venezuela-owned Citgo Petroleum are pressing a U.S.
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