News / International

ExxonMobil Considers Selling Majority Stake in LNG Terminal Offshore Italy

ExxonMobil announced that it may sell its majority stake in the Rovigo liquefied natural gas (LNG) terminal, Italy's main regasification terminal, as part of a larger strategy to get rid of its non-core assets.

Aramco, Linde Engineering Join Forces to Develop Ammonia Cracking Technology

Aramco and Linde Engineering have inked a joint agreement to develop a new ammonia cracking technology.

Corteva, Bunge, Chevron Collaborate to Produce Winter Canola

Corteva, Bunge, and Chevron U.S.A., a subsidiary of Chevron, declared a commercial partnership to introduce proprietary winter canola hybrids that produce plant-based oil with a lower carbon profile.

Equinor Makes Its Second Discovery of the Year

Equinor made the eighth oil and gas discovery well in the North Sea area since 2019. The new discovery, which represents the second discovery of the year, is near the Troll field.

Uniper’s New CEO Leaves Equinor’s Board of Directors

Following his appointment as Uniper SE’s CEO Michael Lewis has announced that he will step down from his position as a member of the board of directors in Equinor ASA on March 16, 2023, in order to prevent any potential conflict of interest.

OPEC+ Expected to Commit to Production Cuts

In an interview with Energy Intelligence, Saudi Arabia's energy minister Prince Abdulaziz bin Salman said that OPEC+ alliance will abide by last October production-cuts decision until the end of the year, Reuters reported.

ADNOC Gas Shares Jump by 18% over IPO Price

ADNOC Gas's stakes have jumped to 2.8 dirhams ($0.7625), compared to 2.37 dirhams at its initial public offering (IPO), Reuters reported.

Shell Declares 2022 Fourth Quarter Euro, GBP Equivalent Dividend Payments

The Board of Shell declared dividend payments in pounds sterling and euros for the interim dividend for the fourth quarter of 2022, which was announced on February 2, 2023 at US$0.2875 per ordinary share.

Aramco Achieves Record Net Income of $161.1B in 2022

In its latest financial results, Aramco announced achieving $161.1 billion in net income in 2022, jumping from $110.0 billion in 2021.

Wintershall Dea Invests in Wellstarter to Improve Well Flow Monitoring

Wintershall Dea has invested in Norway-based firm Wellstarter, a provider of smart well flow diagnostics.

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