Among oil majors promising renewable investments, only one is putting serious money on the table   Investments in solar and…

Norway raises spending from oil fund to $44 billion in 2020   Norway’s government has further raised its projected 2020…

Covid-19 weekly update: 2020’s oil demand recovery seen a bit slower, 2021 demand downgraded   Rystad Energy’s weekly comprehensive Covid-19…

Chevron Plans Sweeping Job Cuts With 6,000 Employees at Risk   Chevron Corp. is planning a 10% to 15% reduction…

OPEC, Russia bargain over oil cuts ahead of June meeting   Saudi Arabia and some other OPEC oil producers are…

Aker BP gains consent to use Maersk Invincible rig on Valhall field   Norwegian oil company Aker BP has received…

Fugro detours for Ifremer’s Mayotte underwater volcano survey   A Fugro vessel heading from the Netherlands to South Africa has…

Melbana Energy farms out Cuban oil block to Sonangol   Australian oil and gas junior Melbana Energy is farming out…

Morgan Stanley Expects $40 Brent By Christmas   Morgan Stanley expects Brent crude to trade at $40 a barrel by…

Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease   Oil prices rose on Tuesday on clear signs…