Energy majors BP, Equinor, Shell, and TotalEnergies have agreed to jointly invest $500 million in support of the UN ...

A Canadian oil and gas company is advancing plans to expand its offshore oil operations near the Newfoundland and Labrador ...

Oil prices edged up on Tuesday, extending the previous day's rally driven by a halt in production at Norway's Johan Sverdrup ...

Similarly, Shell and Norway's Equinor have begun scaling back the energy transition plans they set early in the century.

Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron, has reduced oil output by 28% to 30% due to ongoing ...

Oil prices climbed more than $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had ...

Equinor Energy AS has let a 2-year firm contract to Northern Ocean Wind AS for use of the Deepsea Bollsta mobile rig on the Norwegian continental shelf.

Oil prices gained about $2 a barrel on Monday after news of halted crude production at Norway's Johan Sverdrup oilfield, ...

Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power.

Country manager updates market on 1 billion barrel development, with heightened talk about subsea market potential ...

OIL GIANTS SCALING BACK ON RENEWABLE ENERGY: BP, Shell, and Equinor are setting out to scale back their efforts to curb emissions and transition to renewable energy, Reuters reports. Reuters said the ...