The UK Supreme Court ruled on Wednesday that it was too late for Nigerian claimants to sue two Shell subsidiaries over a 2011 offshore oil spill they say had a devastating long-term impact on the coastal area where they live.The case was one of a series of legal battles Shell has been fighting in London courts against residents of Nigeria's oil-producing Niger Delta, a region blighted by pollution…
A Guyana Appellate Court judge on Thursday temporarily stayed a lower court's order requiring Exxon Mobil and partners in offshore oil production to provide an unlimited guarantee to cover potential oil spills.The stay lifts a cloud over oil production at the nation's first offshore oil platform…
The United Nations on Thursday fell far short of raising the money it needs for an operation to salvage 1.1 million barrels of oil from a decaying vessel moored off Yemen's coast and avert an environmental disaster.U.N. officials have been warning…
Operations at the Njord A oil and gas platform in the Norwegian Sea will resume at normal levels on Tuesday after being halted because of an oil leak, a spokesperson for operator Equinor said. The platform had been depressurized and production…
Exxon Mobil Corp will take up to a $2 billion loss on the highly leveraged sale of a troubled California offshore oil and gas field that have been idled since a 2015 pipeline spill.The sale comes after a failed bid this year to restart production…
On April 20, 2010, the offshore oil rig Deepwater Horizon exploded, burned, sank in the Gulf of Mexico and terrified the world. This horrific accident — recorded as the largest oil spill in history — killed 11 workers and released 210 million gallons of crude oil into the ocean…
Amplify Energy Corp withdrew its full-year forecast on Monday, saying that a large oil spill from one of its subsea pipelines in southern California last month forced it to shut its operations in the region.In mid-October, the U.S. Coast Guard said about 588 barrels (25…
Magma Global has this week announced the delivery of what it claims to be the world’s first high-pressure composite riser pipe to HWCG’s storage location on the U.S Gulf Coast, completing its rapidly deployable Offset Flexible Riser (OFR) system…
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