U.S. Senators Ron Wyden and Jeff Merkley have introduced legislation that would address the growing threat of abandoned offshore oil and gas infrastructure to marine ecosystems and the environment.

Converting Southern California oil wells into commercial projects is a real estate gusher, but comes with enhanced risk.

Petrobras S.A. PBR, the Brazilian state-owned energy giant, has stated that Borr Drilling’s jack-up rig, namely Arabia I, has arrived in Brazilian waters to begin decommissioning activities in the ...

Full financial assurances from buyers for well clean-up costs have stalled all 37 proposed oil well sales in 2023. 41% of California's wells are idle or orphaned, with clean-up costs estimated at $2.8 ...

HOUSTON, TX, UNITED STATES, April 30, 2025 /EINPresswire.com/ -- Promethean Energy, the Gulf of Mexico’s premier late-life asset steward and decommissioning ...

At-a-Glance: Offshore decommissioning is a phased program: isolate and clean the asset, permanently plug and abandon wells, remove/preserve infrastructure to regulatory depth, and verify a debris-free ...

HOUSTON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) (“Skyward Specialty” or “the Company”), a leader in the specialty property and casualty (P&C) market, ...

More than 2.7 million tonnes of offshore infrastructure will be decommissioned and removed from Australia’s federal waters ...

·Posits unlike UAE, S'Arabia, Nigeria not planning for life after oil ...