Keir Starmer explains Labour will not support proposed Cambo oilfield as party lays out £30bn green jobs plan

The Norwegian Petroleum Directorate (NPD) has granted a drilling permit to DNO Norge for a well in the North Sea off Norway.

Ghana is seeking parliamentary approval to borrow as much as $1.65 billion to accelerate oil and gas exploration by acquiring and developing assets.

None of the 100 companies investigated in a new report have committed to ending oil and gas exploration, despite the fact that they are arguably the largest contributors to the global climate emergency.

Australia’s Santos explained today that it approached compatriot Oil Search about a potential merger last month.

No New Exploration Licences To Be Issued And Island Nation Will focus On Hydropower Potential

UK gas company IOG plc has achieved successful flow test results at its Elgood development well in the UK North Sea.

South Korea’s offshore builder Daewoo Shipbuilding & Marine Engineering (DSME) has been awarded a contract

Oil may surge to $100 a barrel next year as travel demand rebounds, Bank of America Corp. said, the strongest call yet among major forecasters for a return to triple digits.

Exxon Mobil Corp. is preparing to reduce headcount at its U.S. offices by between 5% and 10% annually for the next three to five years by using its performance-evaluation system to suss out low performers, according to people familiar with the matter.