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Norways Seadrill Writes Down $2.9 Billion on Its Oil Rigs

2021-03-04 15:05:20| OGI

Offshore drilling rig contractor Seadrill said on March 4 it had taken an additional $2.9 billion non-cash impairment on its assets due to a bleak outlook for the sector, which has reduced demand for its drilling rigs.

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India completes spectrum auction, raises INR 778 billion

2021-03-03 07:23:00| Telecompaper Headlines

(Telecompaper) Indian operators Jio, Airtel, and Vodafone Idea have won spectrum in the government's latest auction...

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TC Energy, Ex-Columbia Execs Must Face Lawsuit over $10 Billion Deal

2021-03-02 15:53:23| OGI

Judge rules that top execs will stand trial in suit by investors.

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Saudi Aramco Seeks Extension on $10 Billion Loan: Sources

2021-03-01 11:10:00| OGI

Saudi Aramcos profits plummeted last year, but it stuck to a promised $75 billion annual dividend, most of which goes to the Saudi government.

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Exxon Mobil Sells UK North Sea Assets in Deal Worth over $1 Billion

2021-02-24 18:00:00| OGI

The sale of U.K. North Sea upstream assets on Feb. 24 helps the U.S. oil major free up capital for projects elsewhere, says Exxon Mobil Vice President Neil Chapman.

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