Houston, Texas-based Kirby Inland Marine agreed to pay $15.3 million in damages and assessment costs to resolve federal and state claims for harm to natural resources resulting from a 2014 oil spill from a Kirby barge in the Houston Ship Channel, the U.S. Justice Department said.
OPEC is moving two technical meetings to later this week in order to give committees more time to evaluate the impact of the new Omicron coronavirus variant, Bloomberg News reported on Sunday, citing delegates from some member countries.
The oil and gas industry risks a huge workforce shortage as more than half of workers in the sector seek to move into the renewable energy industry, a survey published on Tuesday showed.
Malaysia's state oil agency Petronas (PETR.UL) said on Tuesday it had discovered gas in its Nangka-1 wildcat exploration well in Block SK417, located in the shallow waters of Baram Province.