Post
The US to drive renewable refinery production capacity additions by 2027
Global renewable refinery production capacity is expected to more than double during 2023–2027, potentially increasing from 7,812 million gallons per …
UN General Assembly: US Treasury sets out new “principles” to boost green investment
US Treasury Secretary Janet Yellen has announced a series of nine new financing “principles” to boost investment in green technologies …
bp and Pertamina team up to produce blue ammonia and increase LNG supply
bp and Pertamina subsidiaries have signed a memorandum of understanding (MoU) to explore additional gas supply and production of blue …
Repsol launches arbitration case against Venture Global LNG
Spanish energy company Repsol has initiated arbitration proceedings against Venture Global LNG over non-fulfilment of liquefied natural gas (LNG) contracts, …
KUFPEC unit signs deal to buy stake in Shell’s block offshore Egypt
Kuwait Foreign Petroleum Exploration Company (KUFPEC) unit KUFPEC (Egypt) has reached an agreement to buy a 40% stake in oil and gas …
Indonesia offers three blocks for oil and gas exploration
Indonesia’s Ministry of Energy and Mineral Resources has offered three blocks for oil and gas exploration as part of the country’s third …
Oil and gas driller ADES draws orders worth $76bn for $1.2bn IPO
Oil and gas drilling company ADES has received orders worth SR286.9bn ($76.5bn) for its $1.2bn initial public offering (IPO), reported Bloomberg. The …
Asia continues to lead global refinery projects outlook by 2027
A total of 442 upcoming crude oil refinery projects are expected to start operations globally from 2023 to 2027. Of …
UK net zero: Ford warns against UK Government U-turn on combustion engine ban
Car maker Ford has warned UK Prime Minister Rishi Sunak that pushing back a ban on combustion engine cars from …
Carbonvert, Castex advance development of CO₂ storage hub offshore Louisiana
Carbonvert and its joint venture (JV) partner Castex Energy, through its wholly owned subsidiary Castex Carbon Solutions, have signed operating …
Leading European bank to halve oil and gas exposure by 2025
French bank Société Générale has announced that it will halve its upstream oil and gas exposures by 2025 compared with …
DNO makes gas discovery at Norma prospect offshore Norway
Norwegian oil and gas company DNO has made a gas condensate discovery in license PL984 in the Norwegian North Sea. The …
Santos to sell working interest in Alaska exploration leases
Santos has announced plans to sell half of its working interest in 148 exploration leases in Alaska, US. The Australian oil …
Exxon to increase oil production in Nigeria
Exxon Mobil has committed to increasing oil production in Nigeria, reported Reuters, citing Nigerian presidential spokesperson Ajuri Ngelale. The US oil and …
Shell awards Nyhamna gas processing plant work to Aker Solutions
Oil and gas giant Shell has awarded a modifications services and maintenance contract to offshore services provider Aker Solutions. The contract, which is …