Royal Dutch Shell Plc agreed to sell a 33.

The Federal Energy Regulatory Commission (FERC) has granted authorization to Excelerate Energy, in cooperation with the Puerto Rico Electric Power Authority (PREPA), for Aguirre Offshore GasPort Project located offshore Puerto Rico.

The global oil surplus increasingly looks like a problem that’ll take years rather than months to solve — and the market is pricing that in.

Wood Group has secured a new contract to carry out front-end engineering and design (FEED) for the Woodside-operated proposed Browse Floating Liquefied Natural Gas (FLNG) Development, offshore Western Australia.

It was reported on Wednesday that Greenpeace activists had suspended themselves from St.

Total SA is getting payback from bets in the Middle East and its dogged defense of refining.

There will be significant growth in both investment and activity in the FLNG market over the next seven years, with Douglas-Westwood, an energy intelligence group, forecasting total expenditure of $58.

Royal Dutch Shell announced thousands of further job cuts, but the Middle East will not be affected much because regional investment in the energy sector remains relatively robust.

Cape PLC Thursday said it has been awarded a £9.

Centrica is to cut 6,000 jobs, slash gas exploration and sell off its wind farms in a dramatic restructuring ordered by its new boss and former BP executive, Iain Conn.