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A report from Rystad Energy shows a near-term boost in the global floating production market, with more than 30 new FPSO projects possibly reaching sanction from 2019 to 2021.

Bad bosses are costing their companies billions as they burn out their employees.

The announcement follows the decision to cancel all contracts awarded to international oil services firm Subsea 7 for failure to comply with local-content rules in Equatorial Guinea.

A dire government report on the far-reaching impact of climate change could increase pressure on the energy industry to curb greenhouse gas emissions and political leaders to act more decisively to reduce the use of fossil fuels, analysts said.

The greater connectivity of the digital age and the Internet of Things has resulted in increased efficiency through big data, analytics, sensors, and the ability to automate highly sensitive tasks. However, it has also opened the doors to cyberattacks.

Royal Dutch Shell is changing its tune on carbon, saying it will tie executive pay to shorter-term reductions in emissions.

DEA Deutsche Erdoel is buying Sierra Oil & Gas, giving the German operator stakes in six new blocks off Mexico—including the Zama discovery, where appraisal drilling is now under way.

Startup comes 8 months after the initial discovery in March, marking the second successful tieback since 2017 to the Beryl Alpha platform in the UK North Sea.

Natural gas prices have risen in the US but not in west Texas. The contrast is a sign of the growing pains that come with explosive growth changing this increasingly competitive market.

The deal gives Equinor an additional 7.5% ownership stake in the Njord redevelopment project and associated tiebacks in the Norwegian Sea, and potentially raises Faroe’s value in the midst of a hostile takeover attempt by DNO.