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Oil & Gas Trade
Nigeria's NNPC, Oil Majors Agree to Shorten Talks on Contracts
The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde/File Photo Ac…
Oil & Gas Trade
Chevron Buys World's Biggest Hydrogen Storage Plant in Utah
Government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022. REUTERS/Gaby …
Oil & Gas Trade
Brazil's Petrobras Seals Cooperation Deal With Chinese Oil Giant
Brazil’s state energy major Petrobras has inked a strategic cooperation deal with China’s state oil major CNOOC.The deal, Reuters reports, citing a …
LNG
FueLNG, Shell Conduct 1st Simops LNG Bunkering in Southeast Asia
Oil major Shell, Japanese shipping company NYK Line and FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum, have carried out t…
Oil Price
Oil Major BP Posts 70% Drop In Second-Quarter Profit, Raises Dividend by 10%
Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed acr…
Natural Gas
Eni’s Profit Cut Nearly in Half but Progress Made on Enlarging Natural Gas Portion of Global Portfolio
Italy’s energy giant Eni has revealed solid performance in the second quarter and the first half of 2023, despite its results being affected by a steep dr…
Offshore Wind Power
BP, Total Win in $14 Billion German Offshore Wind Site Tender
FILE PHOTO-Vehicles drive past a BP (British Petroleum) petrol station in Liverpool, Britain, February 7, 2023. REUTERS/Phil Noble/file photoOil majors BP (BP.L…
Oil & Gas Trade
Iraq, Totalenergies Sign a $27 Billion Deal for Energy Projects
The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTE…
Green Hydrogen
Indian Oil Corporation Explores Green Hydrogen Generation Units in Tamil Nadu and Kerala
Indian Oil Corporation (IOC) is considering the establishment of green hydrogen generation units in Tamil Nadu and Kerala, as part of its proposed investments w…
Oil & Gas Trade
Chevron Offers to Sell Oil and Gas Properties in New Mexico, Texas
Chevron is offering to sell several oil and gas properties in New Mexico and Texas, according to marketing documents seen by Reuters, as the U.S. oil major look…
Oil & Gas Trade
Eni and vår Energi Paying $4.9 Billion for Neptune's Entire Oil & Gas Portfolio, Bar German Business
Italian energy giant Eni has inked a sale and purchase agreement to acquire Neptune Energy Group Limited while the oil major’s majority-owned Vår En…
Oil Field
Ithaca, Shell UK Sign Agreement on Cambo Oil Field Stake Sale
Ithaca Energy said it signed an agreement with Shell UK to market the oil major's 30 per cent stake in the Cambo oil prospect in the British North Sea.The d…
Natural Gas
Totalenergies, Sinopec Pitched For Role in Saudi Gas Project
Saudi Arabian oil giant Aramco is in a "listening phase" on proposals from refining giant Sinopec and French oil major TotalEnergies for a slice of a shale gas …
Solar Power Plant
Totalenergies to Develop 1 GW Solar Power Plant in Iraq as Part of $27BN Ground-Breaking Energy Project Deal
The project is part of the Gas Growth Integrated Project (GGIP), which aims to enhance the development of Iraq’s natural resources and improve the country…
Liquid Hydrogen
Oil Majors’ ‘Big Bet’ on Hydrogen Is Not So Big in Reality as They Invest 8 Times More in Biofuels, T&E Says
While European oil majors are taking a gamble on hydrogen as the transport fuel for the future, this ‘big bet’ is not so big in reality, according t…
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