Exxon Mobil Corp. shares soared to an all-time high as oil prices resumed their ascent and analysts upgraded their long-term outlooks for the largest U.S. oil producer's cash flow and earnings outlook.
Abu Dhabi National Oil Company (ADNOC) declared that a new world record for the longest oil and gas well has been set at its Upper Zakum Concession.
Employees at TotalEnergies (TTEF.PA) ended their strikes at all but two sites in France on Thursday, a CGT union representative told Reuters, adding that only morning staff at the refineries in Normandy and Feyzin continued the action.
His Highness Sheikh Tamim bin Hamad Al Thani today inaugurated the Al Kharsaah solar power plant that was built by TotalEnergies and its partners QatarEnergy and Marubeni.
After being shut down due to strikes, Exxon Mobil's 140,000 and 240,000 barrel per day fos-Sur-Mer and Port Jerome-Gravenchon oil refineries in France could take two to three weeks to completely reopen, a company representative said on Tuesday.
Eni met with Eugenio Giani, the president of Tuscany, and Luca Salvetti and Adelio Antolini, the mayors of Livorno and Collesalvetti, to confirm that the business is looking into the possibility of constructing a new bio-refinery at Eni's industrial site in Livorno.
The French Finance Minister Bruno Le Maire said on Monday that the time for negotiation is now over because the ongoing strike by union employees had significantly reduced the amount of gasoline available to service stations around the nation.
Abu Dhabi National Oil Company (ADNOC) awarded $980 million contract to ADNOC Drilling to hire two jack-up offshore rigs and associated manpower and equipment. The contract will assist ADNOC in increasing its production capacity in order to meet the rising demand for reduced carbon intensity oil and gas on a global scale.
QatarEnergy declared the signing of a share sale and purchase agreement with Qatar Electricity and Water Company (QEWC) to acquire QEWC’s 49% interest in Siraj Energy, which will result in Siraj Energy becoming a wholly owned affiliate of QatarEnergy, subject to customary approvals.
ExxonMobil and major hydrogen and nitrogen products producer CF Industries have reached the largest-ever commercial agreement to capture and permanently store up to 2 million metric tons of CO2 emissions annually from its Louisiana industrial complex. CF Industries, ExxonMobil, and EnLink Midstream will collaborate on a landmark emissions-reduction project in Louisiana.
