Exxon Mobil Corp. (NYSE:XOM) can proceed with its lawsuit against Arjuna Capital even after the activist investor group withdrew a shareholder proposal the company opposed, a federal judge ruled.
John Hess, the boss of the oil company that bears his family name, is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp. (NYSE:CVX), according to people familiar with the matter.
Politicians are being warned not to turn the environment into a “culture war” after the General Election was called.
Wave and tidal energy firms say they are stuck in a "chicken and egg" investment conundrum, with a lack of project certainty hampering financing options.
Norwegian operator Equinor has exercised an option to drill a further eight wells in the North Sea with the Deepsea Aberdeen rig.
Electricity provider SSE (LON:SSE) reported an adjusted operating profit of £2.4bn in its full year results, down 4% on the previous year.
Orcadian Energy (AIM:ORCA) has agreed a provisional farm-in deal with an undisclosed partner on a licence containing the Earlham discovery in the Southern North Sea (SNS).
Russia’s crude exports edged higher in the week to May 19, as Moscow prepares to replace a ceiling on overseas shipments with a production limit favored by its OPEC+ partners.
TotalEnergies SE’s (LON:TTE) bosses were hit by a criminal complaint from climate change activists over their alleged role in disasters sparked by global warming.
The UK government aims to build a large nuclear power plant in northern Wales as it seeks to boost the stable, low-carbon electricity source alongside wind farms to reach its climate goals.
Exxon Mobil Corp. and Shell Plc are among energy giants evaluating bids for a stake in Galp Energia SGPS SA’s major oil field offshore Namibia, according to people familiar with the matter.
Aberdeen's Apollo and DOF deliver "groundbreaking" study on gigawatt-scale floating offshore wind challenges.
Offshore engineering services firm Odfjell Technology has acquired Aberdeenshire-based McGarian TDC in a deal worth "in excess of £3 million".
Net Zero Secretary Mairi McAllan said the SNP will take a "more nuanced" approach than Labour who want to ban future exploration.
Aberdeen-headquartered Three60 Energy has announced a second multi-million pound deal with Sumitomo Electric for work on a planned high voltage cable factory near Inverness.
The United Arab Emirates’ main oil company bought a stake in NextDecade Corp.’s (NYSE:NEXT) natural gas export project in Texas, in a first US acquisition that also gives it a 20-year supply deal.
Calpers, the largest state public pension fund in the US, will vote against all Exxon Mobil Corp. (NYSE:XOM) directors, saying the oil giant is undermining shareholder rights.
RGU report finds political and fiscal instability is hampering the UK energy transition.
Independent operator Serica Energy (AIM: SQZ) has received final approval from the North Sea Transition Authority (NSTA) regulator for its £100 million Belinda development.
A plan to use carbon capture technology to create a Scottish net zero industrial cluster could bring an estimated £17.7 billion in economic benefit to the UK economy by 2050.
Global sanctioning activity for the upstream oil and gas [O&G] industry is forecast to reach $126bn in 2024, which compares to $179bn recorded in 2023.
The governments of the UK, Ireland and Belgium have signed a joint statement in Brussels paving the way for greater cooperation on renewables and interconnectors.
Unite campaign vows to not let oil and gas sectors "suffer the equivalent of coal closures".
The flight operator said a claim of a real time pay decrease of 25% for technical crew is "simply not true".
The tree-lined street in Leipzig may seem an incongruous beachhead for the future of German energy. But the government has billions riding on its success.
