ExxonMobil Corporation announced achieving earnings of $7.9 billion in Q2 2023. Meanwhile, the company’s exploration expenditures and capital recorded $6.2 billion during Q2 and $12.5 billion for the first half of 2023, which comes in line with the company's 2023 full-year guidance of $23 billion to $25 billion.
Al Nahyan approved the company’s accelerated decarbonization plan, which aims to bring forward ADNOC’s net zero target to 2045, from the previously planned 2050 target. The company is set to reach zero methane emissions by year 2030.
BP has announced its performance results for the second quarter of 2023. The company said it has achieved Underlying replacement cost profit* $2.6 billion in Q2 and $2.56 billion in H1 of 2023.
Mubadala Energy and the Abu Dhabi Future Energy Company (Masdar) have signed an agreement to explore cooperation opportunities relating to decarbonization and energy transition initiative.
Indian Oil Corporation (IOC) has signed two long-term agreements with Abu Dhabi Gas Liquefaction (ADNOC LNG) and TotalEnergies for liquefied natural gas (LNG) supply.
The annual report issued by the Ministry of Energy and Minerals that Oman’s liquefied natural gas (LNG) reserves reached to 24 trillion cubic feet (tcf) in 2022 recording increase by 7% compared to the corresponding period of 2021.
Tullow, alongside its joint venture partners Kosmos Energy, Ghana National Petroleum Corporation, Petro SA and Jubilee Oil Holdings, announced that the successful commence of the Jubilee South East (JSE) Project at offshore Ghana.
The Moroccan Energy Ministry announced that Shell company will supply the country with 500 million cubic meters per year (mmcm) of liquefied natural gas (LNG) according to a 12-year agreement.
Angola and the Democratic Republic of Congo (DRC) have signed an historical agreement to develop Block 14 in Kinshasa, according to the African Energy Chamber.
The Qatari Minister of Energy, Saad Al-kaabi, said that his country will sign record volumes of long-term liquefied natural gas (LNG) offtake contracts in 2023.
