Transocean Ltd. (NYSE: RIG) announced today that Murphy Exploration & Production Company - USA, a subsidiary of Murphy Oil Corporation (MUR), has elected to terminate the contract for the ultra-deepwater drillship Discoverer Deep Seas.
The rig's contract was scheduled to end in November 2016. Transocean (RIG) will be compensated for the early termination through a lump-sum payment that includes adjustments for operating costs.
NTPC Green Energy (the renewable energy arm of the state-owned NTPC) received bids totaling 154.06 Billion Rupees ($1.83…
On Friday, the COP29 Presidency released a draft deal on climate finance that would see developed nations taking the lead…
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.
JERA, Japan's largest power generator, announced on Friday that it will restart coal and biofuel co-firing in its Taketoyo…
Azerbaijan, the host of COP29's climate summit, urged participants to come up with a financial deal by Friday as negotiations…
Malaysian palm futures fell on Friday, and are headed for another week of losses. Weak soybean prices and looming concerns…
The U.S. judge overseeing an auction of shares in a Citgo Petroleum parent to pay Venezuela-linked creditors on Wednesday…
U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw…
Rystad, a consultancy, said that major oil and gas companies are investing more in biofuels, betting on sustainable aircraft fuel (SAF).
Officials said that a reworked long-term South Africa power plan would be soon presented to the cabinet. The plan is designed…
According to an announcement on the ministry's website, China's Industry Ministry finalised on Wednesday investment guidelines…
Sunshine Oilsands has been ordered by a Canadian regulator to suspend all operations in the oil sands area of northern Alberta…
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