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Offshore Wind Power
Oil Giant Total Dives into Offshore Wind with 'World's Biggest' Floating Array
French oil supermajor Total is set to make its debut in the floating wind sector with what could be the world’s biggest array, a near-100MW project being devel…
Oil giant Saudi Aramco Sees 2019 Profits Drop 20% to $88.2B
Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weak…
BP Exits Hat-Trick of US Trade Associations Over Climate Policies
Oil giant BP has announced that it will exit three US trade associations after a climate review.
Oil & Gas Trade
US Slaps Sanctions on Russian Oil Company Trading with Venezuela
The Trump administration Tuesday imposed economic sanctions on Rosneft Trading SA, a Geneva-based subsidiary of Russia’s state-owned oil giant, charging it wit…
US Takes Aim at Russian Oil Giant Rosneft to Press Venezuela
The United States on Tuesday imposed sanctions against a subsidiary of Russian state-controlled oil giant Rosneft over its key role in Venezuela, stepping up in…
How China's oil giants are contributing to anti-virus efforts
People would have never associated China's oil giants with masks without the epidemic, said a vice-chairman of the country's state assets regulator on Tuesday.
Carbon Neutral
Can BP Become Carbon Neutral?
BP’s new chief executive Bernard Looney outlined an ambitious new objective on Wednesday to make the oil giant carbon-neutral by 2050 - the most exacting susta…
LNG
Nigeria Inks Major LNG Deals with Global Oil Giants
Nigeria has signed a major gas expansion deal, a much-needed collaboration with oil majors that Nigeria LNG said would boost its liquefied natural gas output by…
Solar Power Plant
Oil Giant Total Links with Finance Group for Wind and Solar
Total sold a half share in a French onshore wind and solar portfolio to finance group Banque des Territoires, in a deal the oil and gas major said creates a bas…
Solar Company
Shell Snaps up Esco Pacific in Major Push into Big Solar in Australia
Oil giant Royal Dutch Shell has snapped up a near half share in one of the biggest solar developers in Australia as part of a major push to expand its large-sca…
Saudi Aramco Targets Sale of 0.5% of Oil Firm to Retail Investors in IPO
Saudi Aramco is looking to sell up to 0.5% of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with …
Shell Closes in on Takeover Deal for Australian Energy Supplier ERM Power
Oil giant makes first foray into Australia's competitive power market as it continues drive into consumer energy supply, renewables, and clean technologies
Electric Vehicle Charging
BP to Layout 400 Ultra-Fast EV Charging-Points Across The UK
Oil giant BP has announced the start of its rollout of 400 ultra-fast electric vehicle (EV) charging-points across the UK. The firm will launch the network thou…
Brazilian Oil Giant Petrobras Scrap Plans to Invest in Renewable Energy Projects
Brazil's state-controlled oil company Petrobras will scrap plans to invest in renewable energy projects, but says it will continue research and development proj…
Total Sells Pipeline Stake to Pisto SAS for £240 Million
Oil giant Total has signed an agreement to sell a 30% interest in a French pipeline. The Societe des Transports Petroliers par Pipelines to Pisto SAS for almost…
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