07 May 2024
07 May 2024
A new report by the Senate Committee on the Budget details how fossil fuel companies have avoided tackling the climate crisis.
Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets.
In November 2023, ADNOC submitted a non-binding offer that valued Braskem's equity at approximately $2.1bn (10.66bn reais).
The sale is part of the company's wider strategy to reduce its debt, which was reported at $18.5bn at the end of 2023.
In Malaysia, Shell is in talks with state-owned Aramco to sell its network of approximately 950 fuel stations.
The nearly $4bn (C$5.47bn) Cedar project is expected to produce three million tonnes (mt) of liquefied natural gas (LNG) annually after its projected completion in 2028.
The new licences are estimated to contribute approximately 600 mmboe by 2060.
The deal will grant Azule a 42.5% interest in Block 2914A (PEL 85), situated in the prolific Orange basin offshore Namibia.
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