Transocean Ltd. Announces $232 Million Ultra-Deepwater Drillship Contract
STEINHAUSEN, Switzerland, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract for the Deepwater Atlas with...
US Gulf Coast residents flee, oil production shut as Francine intensifies
Energy companies began evacuating offshore workers and shut-in output at several production platforms ahead of the storm.
US oil firms evacuate staff, cut drilling ahead of Storm Francine
U.S. Gulf oil producers evacuate staff, halt output as Tropical Storm Francine threatens Texas and Louisiana coasts.
Palantir and bp Agree to 5-Year Strategic Relationship With New AI Capabilities
DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE:PLTR) and bp (NYSE:BP) have announced an enterprise agreement that will extend their strategic relationship and introduce new artificial...
Mantel Secures $30 Million to Bring Low Cost, Energy Efficient Carbon Capture to the Heavy Industrial Sector
With backing from leaders in the energy industry, the company is scaling its molten borate carbon capture technology, which could cut costs by...
Shell, Eni lead funding round for carbon tech firm Mantel Capture
Oil giants join early stage funding round for Mantel carbon capture technology, which uses molten salts to cut emissions.
Norway seeks to end climate injunction against three oilfields
Norwegian government hopes appeals court will lift injunction on developing fossil fuel projects after ruling was temporarily put on hold.
Azerbaijan: a country steeped in hydrocarbons
Azerbaijan, which holds early legislative elections on Sunday, is a country in the Caucasus region with a historical relationship with hydrocarbons, which account...
ExxonMobil expects global oil demand near current levels in 2050
ExxonMobil projects global oil demand will plateau above 100 million barrels per day by 2050, driven by population growth.
