Equinor and Cheniere have signed a new 15-year sales and purchase agreement (SPA) to allow Equinor to purchase approximately 1.75 million tonnes per annum (“mtpa”) of LNG from Cheniere Marketing on a free-on-board basis for a term of approximately 15 years from the commencement of delivery of the total amount of LNG volumes.
ADNOC has offered a proposal of almost $11 billion to takeover Covestro, the German plastics and chemicals maker, according to two persons familiar with the matter, Reuters reported.
QatarEnergy and CNPC, Chinese state-controlled company, are expected to sign a 27-year contract to allow Qatar to secure its second large gas supply with the Chinese company, according to sources in a Reuters report.
TotalEnergies is actively responding to a call from its aviation customers to increase production of sustainable aviation fuel (SAF).
Qatar and Iraq have signed a number of Memorandum of Understanding (MoU), one of the MoUs is for establishing a joint company to build and operate oil tankers that carry crude oil and petroleum products according to the laws in force in both countries, and an MoU on cooperation to establish a 150,000 barrels per day oil refinery in Iraq.
Iraq, OPEC’s second-largest producer after Saudi Arabia, has invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks, Reuters reported.
As part of Shell's strategy update for investors, the company is conducting a strategic review of energy and chemicals assets on Bukom and Jurong Island in Singapore.
Japan and the Organization of the Petroleum Exporting Countries (OPEC) have decided to organize a dialogue between senior officials, Nikkei reported.
Shell's Board declared the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2023 interim dividend.
PETRONAS and Tabung Ekonomi Gagasan Anak Sarawak (TEGAS) inked a Memorandum of Understanding (MoU) to create digital jobs and talent upskilling through the newly-established PETRONAS Regional Delivery Centre in Sarawa that will generate digital jobs for local talent and serve as a launchpad for developing the region's digital ecosystem
