Equinor Signs Agreement for the Acquisition of Suncor Energy UK
Equinor has acquired Suncor Energy UK Limited for a total of $850 million, after the signing of a landmark agreement.
News / International
Aramco Inks LoI with Geely, Renault Group
Aramco has inked a letter of intent (LoI) to be a prospective minority shareholder in a new powertrain technology company (PWT), that will be installed by Geely and Renault Group. The new business will focus on technologies of combustion and a hybrid powertrain.
Shell Fully Withdraws from Its Interest in Salym Petroleum Development in Russia
Shell Salym Development B.V, a subsidiary of Shell, has completely withdrawn on its 50% stake in the Salym project, which it jointly developed with Gazprom Neft, a subsidiary of Gazprom.
Chevron Opens Second CNG Station in California
Chevron announced its collaboration with Valley Pacific, one of the California's largest fuel marketers, to open its second compressed natural gas (CNG) station in the state of California, which will increase the availability of lower carbon fuels to heavy duty vehicles.
bp pulse, APCOA Sign Agreement to Build EV Hubs Across Europe
bp pulse and APCOA Parking Group have inked a strategic pan-European frame agreement to open more than 100 EV fast charging hubs across Europe.
Chevron Affirms Higher Returns, Lower Carbon Goals
Chevron Corporation provided an update on its efforts to use its advantages to securely supply lower carbon energy to the developing world at its annual investor meeting.
Shell Finalizes Sale of Its Interest in Aera Energy to IKAV
Shell Offshore, a subsidiary of Shell, has sold its 100% interest in Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV.
bp Launches Strategy for HyVal in Spain’s Valencia Region
bp launched the green hydrogen cluster of the Valencia region (HyVal). The public-private joint program is planned, which is led by bp, aims to produce green hydrogen at bp’s refinery by 2030 by gradually developing up to 2GW of electrolysis capacity.
bp, Partners Develop Concept for GTA2 for the Next Phase of Evaluation
bp and partners have announced that they have developed a concept for the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project that will proceed to the next step of evaluation.
TotalEnergies Inks CPPA to Decarbonize Sasol, Air Liquide Production
TotalEnergies has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW capacity of renewable electricity over 20 years.
