NEWS

December 13, 2019

Oil Firms Set To Raise Investments Offshore Norway

Oil and gas companies operating offshore Norway are expected to increase their investments in 2020 by 3.8 percent to US$21.4 billion (194.6 billion Norwegian crowns), mostly […]
December 10, 2019

Shell Wins Oil Spill Court Case Against Nigeria

Shell has won a court ruling that blocks the enforcement of more than a half a billion dollars for damages against the oil supermajor in a […]
December 10, 2019

Tullow Oil CEO Resigns After Company Loses Half Its Value

London-listed Tullow Oil (LON:TLW) saw its shares tank by more than 60 percent midday in Europe on Monday, after the Africa-focused oil explorer and producer slashed […]
December 10, 2019

Brazil Ignores Climate Concerns, Carries Out Offshore Drilling Plans

Brazil is carrying on with its plans to drill in the prolific pre-salt area even after UN leaders today urged countries to steadfastly curb emissions of […]
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