Kuwait Oil Company Declares State of Emergency Due to Oil Leakage
Kuwait Oil Company announced a state of emergency due to oil spill in the western part of the country.
News / International
Aramco, DHL Supply Chain Declare New End-to-End Procurement, Logistics Hub JV
Aramco declared that it will enhance supply chain efficiency and sustainability by signing joint venture agreement with DHL Supply Chain, in order to create, the region’s first hub catering to customers in the industrial, energy, chemical and petrochemical sectors.
Iraqi Oil Minister: Iraq in Final stages of Talks for $27B TotalEnergies Deal
TotalEnergies and Iraq talks to resolve sticking points in a long-delayed $27 billion energy deal "have reached advanced stages", Iraqi oil minister Hayan Abdel-Ghani said on Sunday, Reuters reported.
Shell Achieves Stellar Progress in Its 2022 Energy Transition Efforts
Shell announced the release of its Energy Transition Progress 2022 report to showcase the achievements they have made with their energy transition strategy.
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.
