Shell has apologised for buying a cargo of Russian crude oil, a decision which was made with the security of supplies in mind.
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Valaris has shared a video update, detailing its progress in reactivating four stacked rigs ahead of their return to the market.
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The ever-widening chasm between the oil and gas industry and environmentalists is evident in this as well as other new oil projects, think of Cambo in the UK, as each group holds a vastly different opinion on the effects that this project development w…
Austria’s oil and gas company OMV is also reevaluating its engagement in Russia following the attack on Ukraine.
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Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will leave behind renewable energy assets.
The post Post-merger with Aker BP, Lundin Energy leaving behind oil & gas business to focus on renewab…