(CNBC) The semi-public company Petrobras has promised to start paying dividends to shareholders again, as soon as it returns to profit after being hit by several scandals in recent years.
Petrobras, one of the largest companies in Latin America and...
The Guyana Government is looking to put systems in place for the country’s oil and gas industry which could stretch well into the next half century. As such, serious consideration is being given to the establishment of an onshore...
(Reuters) - Five workers were missing after a fiery explosion on Monday at an oil and gas drilling site in eastern Oklahoma, officials said.
The fire had been fed by gas from a well being drilled for Red Mountain Energy...
Trinidad and Tobago’s Energy Minister Franklin Khan says work permit qualifications for energy sector staff will soon be amended to help address under-employment as well as ensuring greater transfer of skills to locals, reports Newsday.
“There were 241 applications for...
Under the theme Maximising Value through Collaboration, the 2018 Trinidad and Tobago Energy Conference is set to begin today at the Hyatt Regency hotel in Port-Of-Spain and will conclude on January 24.
The 2018 conference will feature keynote speeches and...
(Maritime Executive) The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has suspended operations at Husky Oil Operations' SeaRose FPSO after investigation into an incident last year when an iceberg entered the vessel's 0.25 nautical mile Ice Exclusion Area.
The SeaRose FPSO is located in...
(Chron) Oil and gas production could reach an all-time high in the deep waters of the Gulf of Mexico this year as companies cut costs and spend less on exploration.
Deepwater output in the Gulf could climb to 1.9 million...
(Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.
And...
(RT) Venezuela’s leader Nicolas Maduro has invited members of the regional ALBA-TCP bloc to join him in launching a new cryptocurrency. Named petro, the cryptocurrency will be backed by the country’s oil, gas, gold and diamond riches.
“I have a...
(Hart Energy) For Royal Dutch Shell, 2017 was a good year in terms of E&P activities in Brazil. Ranking as the second largest oil-producing company in Brazil, after acquiring BG Group’s assets in the country, the British-Dutch major increased...