Netherlands To Receive First LNG Cargo From Cheniere's Sabine Pass Plant

The Netherlands is set to receive its first LNG delivery from Cheniere Energy's Sabine Pass export plant in the U.S., according to shipping data.

May 22 2017 - 7:55am

BP Shareholders Approve Reduced CEO Pay, New Policy

BP shareholders on May 17 approved an $11.6 million pay package for CEO Bob Dudley after the oil and gas company cut it in response to investor pressure.

May 17 2017 - 2:20pm

BP's Profit Triples On Higher Oil Prices, Output

BP's profit nearly tripled in the first quarter of 2017 from a year earlier, buoyed by rising oil prices and production that hit a five-year high, while debt piled up.

May 2 2017 - 7:50am

SNC-Lavalin To Buy UK-Based WS Atkins For $2.7 Billion

SNC-Lavalin Group is expanding its global consulting, design and project management capabilities with the takeover of U.K.-based WS Atkins.

Apr 21 2017 - 1:20pm

Schlumberger Sees Pricing Improve But Costs Weigh On Margins

The world’s No.1 oilfield services provider said revenue rose 5.7% to $6.89 billion in the quarter ended March 31, but its cost of revenue increased 11.3% to $6.08 billion.

Apr 21 2017 - 8:14am

Total Extends British Shale Gas Involvement

Total had agreed on an option to farm into Egdon's PEDL209 exploration license in Lincolnshire by Dec. 31, 2018, which would earn it a 36% interest. Total's previous option on the license had lapsed.

Apr 4 2017 - 11:55am

BP Reportedly Agreed To Cut CEO Bob Dudley's Maximum Pay

Sky News said that Dudley's maximum annual pay over the next three years will now be about 12.2 million pounds (US$15.22 million) including his salary, an annual bonus and a long-term share incentive plan.

Apr 4 2017 - 7:25am

BP To Sell Forties Pipeline System To INEOS

BP said on April 3 it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.

Apr 3 2017 - 9:28am

Repsol To Buy Stake In Greek Onshore Blocks From Energean

Repsol will become the operator of the Ioannina and Aitoloakarnania blocks and plans to acquire seismic surveys over the areas in the 2017-2019 period.

Mar 31 2017 - 7:55am

Aker Solutions To Acquire Reinertsen For $24.9 Million

Reinertsen is the third-largest maintenance and modifications supplier offshore Norway. The company's order backlog contains key maintenance and modifications contracts with Statoil.

Mar 30 2017 - 9:05am