ExxonMobil, Nucor Corporation Ink Carbon Capture Agreement to Reduce Emissions
ExxonMobil, Nucor Corporation inked newest carbon capture and storage (CCS) agreement to demonstrate momentum in helping industrial customers reduce emissions.
News / International
ADNOC Signs Agreements with Over 60 Companies at Forum in Abu Dhabi
ADNOC announced today at the Make it in the Emirates Forum in Abu Dhabi, new agreements with more than 60 UAE-based and international companies to locally manufacture critical non-oil products in its supply chain.
Equinor Postpones Bay du Nord Canada Oil Project Over Rising Costs
Norway’s Equinor decided that due to rising costs, the company will delay its Bay du Nord Canadian offshore oil project for up to three years.
TotalEnergies, Co-Venturers Ink PSC for the Agua Marinha Offshore Block
TotalEnergies, Petrobras, QatarEnergy, and Petronas have inked Production Sharing Contract (PSC) for the Agua Marinha block, which was awarded in the Open Acreage under Production Sharing Regime – 1st Cycle held by Brazil’s National Petroleum Agency (ANP) in December 2022.
Baker Hughes Cuts Down on Scope 1, Scope 2 Emissions by 28%
Baker Hughes, an energy technology company, has released the company’s 2022 corporate sustainability report.
Eni, RINA Ink Energy Transition Agreement
Eni signed a partnership agreement with RINA to cooperate in developing initiatives that can contribute to the energy transition and decarbonization of their respective operations, particularly maritime transport.
TotalEnergies Set to Sell 50% Stake in Surmont Oil sands Asset
ConocoPhillips is exercising its preemption right to purchase the 50% stake in the Surmont asset held by TotalEnergies EP Canada Ltd. for about $3 billion, giving it full ownership and elbowing away rival Suncor Energy.
Eni Launches Program to Decarbonize Heavy Transport Sector
Eni has initiated a dedicated program to encourage the use of HVOlution, which is Eni’s first diesel produced from 100% renewable raw materials by its suppliers' vehicles transporting fuels to Eni Live Stations.
Eni, Sonangol Boost Decarbonization, Sustainable Energy Transition Cooperation
Eni and Sonangol have inked a memorandum of understanding (MoU) to further expand the scope of their cooperation by developing studies in the agribusiness value chain and in other sectors of decarbonization, including energy transition minerals and innovation ecosystem.
ADNOC, TAQA Reveal $2.4B Project to Provide Sustainable Water Supply to Onshore Operations
ADNOC and TAQA announced a strategic investment project to provide a sustainable water supply to ADNOC’s onshore operations worth up to $2.4 billion.
