The global Aiming for Zero Methane Emissions Initiative, which includes supporters such as bp, Chevron, Equinor, ExxonMobil, Petrobras, and Shell, is now being reinforced by Wintershall Dea as Europe's largest independent gas and oil producer.
Preliminary figures show that from January to June 2022, Gazprom produced 238.4 billion cubic metres of gas. Comparing this to the same period last year, there has been a decline of 8.6 cents (or 22.4 billion cubic metres).
Today, Neptune Energy announced that drilling has started at its owned and managed Adorf Z17 gas appraisal well in the northwestern German municipality of Georgsdorf.
Petronas has signed a memorandum of understanding (MoU) with Mitsui & Co., Ltd. (Mitsui & Co.) for the study of the carbon capture and storage (CCS) value chain, including the evaluation of carbon dioxide (CO2) storage sites in Malaysia.
There are more than half a billion barrels of oil left unsupplied by OPEC+, raising concerns about the group's ability to balance the global market. OPEC+ members produced 2.7 million barrels a day less than their target in May, bringing their compliance rate with the deal to 256%.
XTO Energy Canada, which is jointly owned by Imperial and ExxonMobil Canada, is being sold by ExxonMobil's Canadian affiliates, Imperial and ExxonMobil Canada, to Whitecap Resources Inc.
Equinor and SSE Thermal are stepping up their efforts to contribute to decarbonization in the UK as Energy Capital Partners (ECP), an energy-transition infrastructure investor, is selling Triton Power to the companies, and they are preparing to use hydrogen in the Saltend Power Station.
Sinopec Corp, a state-owned refining behemoth in China, announced on Tuesday that it has created its first aviation fuel from spent cooking oil at a facility with a large industrial footprint in east China.
A memorandum of understanding (MoU) has been signed between ExxonMobil, Shell, CNOOC, and the Guangdong Provincial Development & Reform Commission to evaluate the potential of a world-scale carbon capture and storage (CCS) project to reduce greenhouse gas emissions in Huizhou, Guangdong Province.
PETRONAS North Ketapang Sdn Bhd, a subsidiary of PETRONAS, has signed a production sharing contract (PSC) for the North Ketapang Block offshore and onshore East Java, Indonesia.
