25 November 2024
25 November 2024
This agreement follows two weeks of negotiations and builds on previous climate action milestones.
The company has approved the payment of $3.4bn in extraordinary dividends.
No final decisions have been made and ADNOC may reconsider based on market conditions.
The initiative is set to unlock three trillion cubic feet of additional gas resources.
Eni’s fast-track approach allows for seamless execution of engineering, construction and commissioning activities to rapidly develop new projects.
This move increases QatarEnergy's stake in block 2913B to 35.25% and in block 2912 to 33.025%.
Each share of Marathon Oil common stock was converted into 0.255 shares of ConocoPhillips common stock.
The plan aligns with other producers' outlooks, despite the IEA's prediction that oil demand will stop increasing by 2030.
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