ConocoPhillips Becomes Third Partner in the Largest LNG Project in History
ConocoPhillips has been selected to partner with QatarEnergy on the North Field East (NFE) expansion project, the largest in the history of the LNG industry.
News / Worldwide
Iraq’s Basra Oil Company to Acquire Largest Share in ExxonMobil’s Stake in the West Qurna 1 Oilfield
Following the approval of the 2022 budget, Iraq's Basra Oil Company will acquire the largest share of Exxon Mobil's stake in the southern West Qurna 1 oilfield, oil minister Ihsan Abdul Jabbar said, Reuters reported.
Rosneft Vows to Continue with Vostok Oil Project Despite Partner Withdrawal
Igor Sechin, Rosneft PJSC's CEO, said Rosneft PJSC will proceed with its Vostok Oil project in the Arctic, just over a week after a key partner announced it would leave the venture over the invasion of Ukraine.
Eni Reports Fourth Consecutive Daily Shortfall of Russian Gas
In a statement, Eni said that Gazprom had informed them it that it would deliver similar gas supplies on Saturday to those it sent in recent days indicating a fourth consecutive daily shortfall.
Petronas Launches Carbon-Free Energy Firm
Malaysian state oil firm Petronas established Gentari as part of a global push to produce carbon-free energy.
Wintershall Dea Becomes the First Energy Company Worldwide to Receive Internationally Recognized EQUAL-SALARY Certification
Wintershall Dea pays the same salary regardless of gender and is the first energy company worldwide to receive the internationally recognized EQUAL-SALARY certification.
Gazprom Reduces Gas Exports to Italy by Around 15%
According to state-controlled oil firm Eni SpA, Gazprom PJSC has suspended gas shipments to Italy, citing a source from the Russian corporation.
Gazprom Notes Significant Progress of Gas Grid Expansion
The Gazprom Management Committee noted the progress of additional gas infrastructure expansion in the constituent states of the Russian Federation throughout the year 2022, including efforts to bring pipeline gas to residents within localities currently covered by the gas grid free of cost for the population.
bp to Acquire a 40.5% Stake in One of the World’s Largest Renewables, Green Hydrogen Energy Hubs
bp has agreed to acquire a 40.5% stake in the Asian Renewable Energy Hub (AREH), which has the potential to become one of the world's largest green hydrogen hubs.
Sources in OPEC Expect Possible Slowdown in Global Oil Demand Next Year
According to OPEC delegates and industry insiders, global oil demand growth will decelerate in 2023, as rising crude and fuel prices help push up inflation and act as a drag on the global economy.
