Upstream

Upstream is a renowned source for global oil and gas news, providing a weekly publication that can be accessed both online and in print. Additionally, they offer a comprehensive digital news service that operates around the clock.

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Trump halts Equinor’s Empire Wind project in latest US offshore wind setback

1 week ago | upstreamonline.com | Richard Kessler |Tim Ferry

Trump halts Equinor’s Empire Wind project in latest US offshore wind setbackAfter wind leasing and permitting practices review, federal regulator cites 'information that raises serious issues with respect to the project approvals'US Interior Secretary Doug Burgum.Photo: AP/SCANPIX
Shareholders confirm BP chair Lund in role

1 week ago | upstreamonline.com | Davide Ghilotti

Shareholders confirm BP chair Lund in roleOutgoing chairman Helge Lund confirmed with over 75% of votes in favour; CEO Auchincloss confirmed with 97% of votesHelge Lund.Photo: PER THRANA/DN
BP ‘intends to close’ valuation gap with peers, says CEO

1 week ago | upstreamonline.com | Davide Ghilotti

BP ‘intends to close’ valuation gap with peers, says CEOUK supermajor’s share price has been lagging both European and US counterpartsBP chief executive Murray Auchincloss.Photo: REUTERS/SCANPIX
Tariff induced uncertainty throws spanner in works of upstream dealmaking

1 week ago | upstreamonline.com | Davide Ghilotti

Tariff induced uncertainty throws spanner in works of upstream dealmakingPrice volatility undermines valuations for assets to transact while financing terms harder to reach as markets upended by tariff chaos, sources sayThe German stock index, DAX, is pictured at the stock market in Frankfurt, Germany, on 16 April 2025.Photo: AP/SCANPIX
‘Europe has no buffer anymore’: Trader breaks down how EU backed itself into corner in gas market

1 week ago | upstreamonline.com | Davide Ghilotti

‘Europe has no buffer anymore’: Trader breaks down how EU backed itself into corner in gas marketLost flexibility in gas sourcing leaves Europe exposed to volatile prices in uphill struggle to refill inventories, Axpo head of merchant trading, tells UpstreamMarco Saalfrank, head of merchant trading at Axpo.Photo: AXPO
Shell secures Bulgarian exploration acreage

1 week ago | upstreamonline.com | Rebecca Conan

Shell secures Bulgarian exploration acreageThe Bulgarian government hopes domestic, deepwater gas exploration will allow the country to diversify its gas sourcesBulgaria Prime Minister Rosen Zhelyazkov.Photo: REUTERS/SCANPIX
UK to launch reporting portal for offshore security threats

1 week ago | upstreamonline.com | Rebecca Conan

UK to launch reporting portal for offshore security threatsThe new portal is part of government efforts to enhance the security of subsea energy infrastructure since the beginning of the Ukraine war in 2022. Russian President Vladimir Putin.Photo: REUTERS/SCANPIX
Floating production specialist plans to boost workforce by at least 600

1 week ago | upstreamonline.com | Amanda Battersby

Floating production specialist plans to boost workforce by at least 600Modec opens new EPCI hub as FPSO industry ‘poised for significant growth’Modec marks a significant milestone in its growth journey in Malaysia with the launch of its Kuala Lumpur Execution Center (KLEC) on 15 April 2025.Photo: MODEC
Will Red Rose bloom for Posco?

1 week ago | upstreamonline.com | Amanda Battersby

Will Red Rose bloom for Posco? South Korean operator and partner Petronas Carigali to soon spud maiden wildcat on Block PM 524 offshore Peninsular MalaysiaA file pic from 2007 shows pedestrians walking past a logo of Posco in front of the company's headquarters in Seoul, South Korea.Photo: AFP/SCANPIX
McDermott hit by 'Improvement Notice' for safety breaches on offshore vessel

1 week ago | upstreamonline.com | Amanda Battersby |Nishant Ugal

McDermott hit by 'Improvement Notice' for safety breaches on offshore vesselWork at Woodside Energy's decommissioning project stopped for several days after worker injured on DLV 2000 vesselUS contractor McDermott's offshore construction vessel DLV 2000.Photo: MCDERMOTT