Shell Offshore, a subsidiary of Shell, has commenced production at Dover, a subsea tieback project linked to the Appomattox production hub in the Gulf of Mexico. The Dover development is expected to reach peak production of 20,000 barrels of oil equivalent per day (boepd), strengthening Shell’s leadership in deep-water operations. …

No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because of sanctions levied against Moscow following its full-scale invasion of Ukraine. But with the plant in the town of Schwedt on the border with Poland struggling to adapt …

Oil prices retreated on Thursday as U.S. President Donald Trump ramped up a trade war with China, even as he announced a 90-day pause on tariffs aimed at other countries. Brent futures fell 77 cents, or 1.18%, to $64.71 a barrel by 0320 GMT, while U.S. West Texas Intermediate crude …

BP expects to post a weak natural gas trading result for the first quarter, as well as lower gas output, as the UK-based supermajor is resetting its strategy back to core oil and gas operations. Reported upstream production in the first quarter is expected to be lower compared to the …

The U.S. Department of the Interior has revised upwards the oil and gas reserves contained in the U.S. section of the Gulf of Mexico, which the Trump administration renamed the Gulf of America. According to an analysis done by the Bureau of Ocean Energy Management, the U.S. Outer Continental Shelf …

Global electricity demand from data centres is set to double between now and the end of the decade, to 945 terawatt-hours (TWh), a new report by the IEA has found. The IEA‘s Energy and AI report found that by 2030, data centres around the world will use more electricity that …

Equinor advised analysts on Wednesday to expect weak liquids and LNG trading results for the first quarter of the year, as its Marketing, Midstream & Processing (MMP) division is also set to incur a hit of about $100 million of costs of drilling of carbon capture and storage (CCS) appraisal …

Despite a relatively stable short-term pipeline of U.S. wind power projects under construction, the five-year outlook of America’s wind capacity additions has been significantly limited due to the Trump Administration’s energy policies, Wood Mackenzie said in a new report. The energy consultancy slashed its five-year forecast of new capacity installations …

Libya will offer production sharing agreements to the successful bidders in its first oil and gas exploration bid round in 18 years, top Libyan oil officials said at an event in London on Monday. Libya is offering a total of 22 blocks for exploration and development, 11 offshore and 11 …

The trade war is prompting China’s LNG buyers to resell the cargoes they are buying from the U.S. as Chinese tariffs on American goods are raising the costs of U.S. LNG imports, analysts and traders have told Reuters. LNG import demand in China has been weaker this year amid comfortably …