Oil major

Oil&Gas Drilling
Total Moves Tyra Project Into the Next Phase Following Jacket Installation
French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea.
Solar Power Plant
Total Buys 3.3GW Solar Portfolio and Signs World’s Largest Corporate PPA
Oil major Total has acquired a 3.3-gigawatt solar project pipeline in Spain and will be the offtaker for 3 GW, enough to power its European operations.
Mexico
Mexico May Delay Energy Reform
Mexico could delay its planned energy sector reform until next year after President Andres Manuel Lopez Obrador asked regulators this week to help prop up state…
Elliott Attempting to Prevent Chevron’s Takeover of Noble Energy
Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon plans to sell itself to oil major Chevron.
Offshore Wind Power
Oil Major BP Makes First Ever Move In Offshore Wind Energy
BP is making its first move into the offshore wind market with a strategic partnership in U.S. offshore wind assets with Equinor in a deal worth US$1.1 billion.
Mexico
Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions
Mexico’s state oil firm Pemex is not planning a shift toward curbing carbon emissions or green energy.
United Kingdom
BP to Sell London Headquarters as Work Style Shifts
BP Plc plans to sell its headquarters in central London as it cuts jobs and adopts flexible working.
Oil&Gas Drilling
Oil Major Equinor Stops Drilling In U.S. Shale Patch
Norway's Equinor will not drill any more wells in the U.S. shale patch this year as it adjusts to a lower-for-longer oil price environment.
Oil&Gas Drilling
Total Restarts Drilling off Angola
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow.
Azerbaijan
BP Says it has no Plans to Scale down Oil and Gas in Azerbaijan
British oil major BP has no plans to scale down its oil and gas business in Azerbaijan amid global plans to rebalance its portfolio towards renewables.
Nuclear Fusion
Chevron Announces Investment in Nuclear Fusion Start-Up Zap Energy
Oil major Chevron has announced an investment in Zap Energy, a nuclear fusion start-up company developing a next-generation modular nuclear reactor.
Oil Field
Petrobras Reaches Record Buzios Output in July
Brazilian oil major Petrobras has broken a monthly oil production record on its Buzios deepwater field offshore Brazil.
United States
Chevron Posts Massive $8.3 Billion Loss
U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4.5 per diluted share, for the second quarter of 2020.
Oil Price
ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s
Oil major ExxonMobil reported a back-to-back quarterly loss for the first time in over three and a half decades.
Market Analysis
European Oil Major Trading Units Provide Buffer in Rough Second Quarter
The trading units of European oil and gas majors have shielded their second-quarter results from the full force of the corona-induced collapse in demand for fue…

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Oil major

Total Moves Tyra Project Into the Next Phase Following Jacket Installation

Total Buys 3.3GW Solar Portfolio and Signs World’s Largest Corporate PPA

Mexico May Delay Energy Reform

Elliott Attempting to Prevent Chevron’s Takeover of Noble Energy

Oil Major BP Makes First Ever Move In Offshore Wind Energy

Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions

BP to Sell London Headquarters as Work Style Shifts

Oil Major Equinor Stops Drilling In U.S. Shale Patch

Total Restarts Drilling off Angola

BP Says it has no Plans to Scale down Oil and Gas in Azerbaijan

Chevron Announces Investment in Nuclear Fusion Start-Up Zap Energy

Petrobras Reaches Record Buzios Output in July

Chevron Posts Massive $8.3 Billion Loss

ExxonMobil Posts First Consecutive Quarterly Losses Since the Mid-80s

European Oil Major Trading Units Provide Buffer in Rough Second Quarter