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.
News / International
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.
Chevron, JERA Ink MoU to Explore CCS Projects in the US, Australia
Chevron New Energies, a division of Chevron, and JERA have inked a Memorandum of Understanding (MoU) to establish a framework for their collaboration on carbon capture and storage (CCS) projects located in the United States and Australia. This MoU might strengthen the significant liquid natural gas (LNG) partnership that Chevron and JERA already have, and shows how committed and dedicated both companies are to pursuing lower carbon solutions.
Equinor, Petrobras Ink LoI to Assess Seven Brazilian Offshore Wind Projects
Equinor, Petrobras have inked a letter of intent (LoI), during CERAWeeK, to expand the cooperation between the two companies to evaluate seven offshore wind generation projects.
TotalEnergies Enters Polish Market with Biogas, Solar Projects
TotalEnergies is expanding its renewable business in Poland by buying Polska Grupa Biogazowa (PGB), the nation’s largest biogas generator, and a 200-megawatt (MW) development pipeline of solar projects.
Shell, Chevron, Petrobras Evaluate Guyana Oil Auction
Guyana, the South American country, is offering 14 offshore oil exploration blocks in auction, to accelerate its economic development.
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.
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.
