Japan-based Mitsubishi Corp has recorded an impairment charge [a reduction in or total loss of the recoverable value of an asset] of Y52.2bn ($342.4m) on its offshore wind projects in Japan. The ...

BP Europa is seeking potential buyers for the BP Gelsenkirchen refining site in Germany and related refinery assets. The marketing process, which will start immediately, includes the BP refinery in ...

Africa’s oil and gas industry continues to attract investment as new discoveries and frontier basins drive exploration ...

Neoenergia has completed the sale of the Baixo Iguaçu hydroelectric power plant to the French companies EDF and STOA.

One of Norway's most active explorers is plotting a return to the scene of two significant offshore oil and gas discoveries for appraisal well drilling. The appraisal well plans were revealed ...

The King exploration well is positioned close to BP's current facilities and subsea pipelines in the West Nile Delta project.

DNO ASA plans to drill between four and six North Sea exploration wells in 2025. The company will take part in developing ...

Exploration well 35/6-5 S, the first in production license 1110, was drilled to a vertical depth of 3,933 m subsea by the ...

Mitsubishi Corp took a $342.4 million impairment charge on its offshore wind projects, citing rising costs and supply chain ...

Norwegian oil and gas firm Aker BP and its partners have drilled a dry well in the North Sea, offshore Norway.The drilling ...

Mitsubishi Corp., a Japanese company, announced on Thursday that it had taken an impairment charge of 52.2 billion yen ...

The three projects are being developed under a joint venture between energy giant BP and Energie Württemberg (EnBW). Morgan and Mona are located in the Irish Sea approximately 22-37 km from the coast, ...