PETRONAS Carigali Sdn Bhd (PCSB) and JX Nippon Oil & Gas Exploration Corporation (JX Nippon) signed a head of agreement (HOA) to work together on creating a proposal to capitalize on the gas potential within the Bujang, Inas, Guling, Sepat, and Tujoh (BIGST) fields offshore Kerteh, Terengganu.
Prince Abdulaziz bin Salman Saudi Arabia's energy minister stated that the impact of European sanctions on Russian crude oil and price limit measures "did not bring clear results yet" and that its execution was still uncertain.
At one of its natural gas compression units in Istrana, Italy, Snam performed a series of tests in November that were intended to explore the use of hydrogen as a fuel to power gas turbines. The experiment, which was the first of its kind globally and carried out in collaboration with Baker Hughes, an energy technology company, demonstrated the compatibility of the various assets with the use of a blend of hydrogen (at 10%) and natural gas.
Following connection to the national grid, Eni announces the start of production at the photovoltaic facility it operates in Tataouine, southern Tunisia. The event was celebrated today during a ceremony that saw the attendance of Neila Gonji, Tunisia’s Minister of Industry, Energy and Mines, and local authorities.
ExxonMobil declared its next five-year corporate plan, with a significant increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business. The business plan is for maintaining yearly capital expenditures between $20 and $25 billion while increasing investments in lower-emission technologies to around $17 billion.
Abu Dhabi's National Oil Company (ADNOC), Taqa and Abu Dhabi sovereign wealth fund Mubadala Investment Company announced on Wednesday they would all become shareholders in Masdar, the Emirate's flagship clean energy company.
ExxonMobil reported that its brand-new polypropylene manufacturing unit at the Polyolefins Plant in Baton Rouge, Louisiana, had successfully launched.
PETRONASÂ Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS, today declared an oil and gas discovery at the Nahara-1 well in Block SK306, located in the shallow waters of Balingian Province about 150 kilometers from Bintulu, off the coast of Sarawak, offshore Malaysia.
According to the International Energy Agency (IEA), energy security worries following Russia's invasion of Ukraine will cause a doubling of the world's renewable power capacity over the next five years, Reuters reported.
TotalEnergies signed a memorandum of understanding (MoU) with Air France-KLM for the delivery of more than 800,000 tones of sustainable aviation fuel (SAF) to Air France-KLM Group's airlines over a ten-year period beginning in 2023.
