April 20, 2021, marks the eleventh anniversary of the biggest ever oil industry disaster in the U.S. Gulf of Mexico, in which 11 people died after the Transocean semi-submersible drilling rig Deepwater Horizon exploded and sank at BP's Macondo well location, followed by a huge oil spill that kept flowing into the sea for 87 days.

Danish offshore drilling company Maersk Drilling has won a one-well contract extension for its Maersk Integrator jack-up drilling rig with Aker BP in Norway.

Next week’s OPEC+ meeting will most likely focus on assessing the current oil environment rather than on revising production targets as the market looks balanced so far, according to Russia, a leading member of the group.

Halliburton Co. sees the pace of the rebound in overseas demand for oilfield services picking up through the rest of the year after the recovery in global crude prices.

Abu Dhabi is weighing the sale of a stake in its biggest utility as the oil-rich emirate seeks more international investment in its marquee assets, people familiar with the matter said.

Norwegian oil and gas company Equinor, with its partners Total and Vår Energi, has made an oil and gas discovery in a new segment belonging to the Tyrihans field in the Norwegian Sea. 

Exxon Mobil Corp. proposed a giant, $100 billion hub to capture carbon dioxide emissions along the U.S. Gulf Coast in Texas but warned that government funding would be required to pay for and develop it.

Mozambican businesses looking to cash in on Africa’s biggest private investment are facing disaster after an attack by Islamic State-linked militants on a town close to Total SE’s $20 billion natural gas export project.

The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers.

The U.S. Coast Guard said on Monday it will call off its search at sunset for the remaining eight crew members missing from the lift boat Seacor Power, which capsized in the Gulf of Mexico last week.