Wael Sawan Named as Shell’s New CEO
Wael Sawan will succeed Ben van Beurden as Shell's CEO when he steps down at the end of 2022, according to a statement from Shell plc.
News / International
ADNOC Refining Set to Finish First Phase of Waste Heat Recovery Project
The first stage of ADNOC Refining's ground-breaking Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi, is about to be finished.
OPEC Sticks to Its Strong Oil Demand Growth Forecasts for 2022, 2023
OPEC maintained its predictions for strong growth in global oil demand in 2022 and 2023, citing indications that major economies were performing better than anticipated despite challenges including rising inflation, Reuters reported.
Naftogaz Production to Recover as Ukraine Achieves Military Gains
After gas production at Ukraine's Naftogaz took a 2% dip between January and August due to the Russian invasion, the company's CEO Yuriy Vitrenko indicated that he planned to restore production as a result of the Ukrainian military's recent victories.
Portugal PM Calls on France to Support MidCat Gas PipelineÂ
Portuguese Prime Minister Antonio Costa has demanded that France stops blocking its planned MidCat gas pipeline through the Pyrenees, pointing out that it will be essential for reducing dependence on Russian gas in central and eastern Europe, Reuters reported.
Indonesia Mulls Purchasing Russian Oil as Fuel Prices Soar
In order to offset the mounting pressure of increasing energy prices, Indonesian President Joko Widodo is thinking about purchasing Russian oil alongside India and China.
Eni, ADNOC Work to Positively Contribute to Global Gas Supply Security
In order to accelerate the existing development project and time-to-market of new exploratory technologies, Abu Dhabi National Oil Company (ADNOC) Managing Director and Group CEO Sultan Ahmed El Jaber and Eni CEO Claudio Descalzi met in Abu Dhabi to discuss the company's activities in the Emirate of Abu Dhabi, future projects, and areas of common interest and collaboration.
Russian Gas Continues to Flow to Europe Despite Nord Stream 1 Halt
Natural gas shipments through major routes from Russia to Europe continue to be steady, even with the Nord Stream 1 pipeline remaining closed, Reuters reported.
Germans Switch to Costly Fan Heaters as Authorities Fear Gas Shortages
In a recently published article, utilities cautioned that Germans could overwhelm their power grid if they switch to ineffective electric heaters in an attempt to prevent gas shortages this winter, Reuters reported.
Chevron Granted Interest in Three Permits for CCS Projects Offshore Australia
Chevron Corporation is a partner in three joint ventures that have been given an interest in three greenhouse gas assessment licenses offshore Australia through its affiliate Chevron Australia Pty Ltd.
