TotalEnergies (XPAR: TTE) failed to implement maintenance practices at its Culzean platform, creating a risk of fire and explosion, according to the Health and Safety Executive (HSE).
NEO Energy is buying JX Nippon E&P UK, the British business of Japan's ENEOS holdings, for £1.2billion in the latest of a string of North Sea acquisitions.
French oil and gas giant Total has confirmed it has limited the air travel of its employees to an "absolute minimum" as the threat level from coronavirus continues to rise.
A perfect storm of slow economic growth, low crude prices and an oversupply in the shipping market was behind Danish conglomerate Maersk’s decision to demerge, an analyst said yesterday.