Sunday, June 15, 2025
Shell plans to bid in Norway's 1st offshore wind tender- oil and gas 360

Shell plans to bid in Norway’s 1st offshore wind tender

Nasdaq OSLO – Oil major Shell (RDSa.L) teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday. Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades, and like many of its peers sees offshore wind as a

Crude oil prices steady near multi-year highs- oil and gas 360

Crude oil prices steady near multi-year highs

Reuters LONDON -Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar. Brent crude oil futures dropped 12 cents, or 0.1%, to $74.27 a barrel by 1332 GMT. They hit their highest since April 2019 in the previous session. U.S. crude oil futures was up 3

N. American oil service firms' pricing and hiring on the upswing- oil and gas 360

N. American oil service firms’ pricing and hiring on the upswing

Reuters As oil climbs above $70 a barrel for the first time in almost three years, oil field firms are reporting prices for their services and equipment have bottomed and many are fielding more calls for jobs. U.S. crude production, which plummeted during the coronavirus pandemic, is ticking back up, despite generally flat spending by oil and gas producers. U.S.