News / International
Pathways Alliance to Construct CCS Hub in Canada by 2030
Canada’s Pathways Alliance has said that a C$16.5 billion ($12.27 billion) carbon capture and storage (CCS) project planned by Canada's big oil companies will only proceed if the federal government establishes a contract to lock in future carbon pricing.
Baker Hughes, Shell Energy Enter Into Agreement to Supply Renewable Energy
Baker Hughes announced that it has signed an eight-year-long power purchase agreement (PPA) with Shell Energy Italia to supply renewable energy for Baker Hughes’ Industrial & Energy Technology (IET) Italian facilities.
Iran Establishes Petroleum Projects Worth $50B
The Deputy Chief for Development and Engineering Affairs at the National Iranian Oil Company (NIOC), Reza Dehqan said that the country is progressing oil and gas projects worth some $50 billion.
Sonatrach Signs EPC contract with TotalEnergies, ENGTP
Algeria's state-owned company Sonatrach has announced that it signed a new contract with its TFT group partners, French TotalEnergies and Algeria Entrprise Nationale de Grands Travaux Pétroliers (ENGTP), regarding the Tin Fouyé Tabankort II (TFT) gas field in Algeria.
BAGSF-2 Begins to Deliver Natural Gas to Sarawak Methanol Plant
Petronas company announced that the Bintulu Additional Gas Facility (BAGSF-2) starts to deliver natural gas to a new Sarawak methanol plant in Bintulu, supporting the further growth of petrochemical industry in the State of Sarawak.
Equinor’s Johan Castberg Oilfield Project Cost Estimate Surges to $1.2B
Norway's Equinor and its partners announced that they have raised the project cost estimate for their joint Johan Castberg oilfield in the Arctic Barents Sea by close to 13 billion Norwegian crowns ($1.20 billion).
CrownRock to Explore Sale Deal Worth Over $10B
CrownRock LP has been preparing to explore a sale deal that could be valued at more than $10 billion, including debt, in what could be the largest deal for a US oil and gas producer in at least three years.
Aramco Enters South American Retail Market with Esmax Acquisition
Aramco has announced a 100% acquisition of Esmax Distribution SpA from Southern Cross Group in South America.
Eni Wins Second CO2 Storage License in UK
Eni announced that it has obtained a second Carbon Dioxide Appraisal and Storage license (CS License) in the UK.
