Tarek El Mulla, Minister of Petroleum and Mineral Resources, had a phone call with Karen El Harar, Israeli Minister of Energy, to discuss areas of cooperation between the two sides in the natural gas sector in the region and bilateral cooperation in order to contribute to securing part of the European Union's energy needs.
The Tinrhert EPC2 Development Project in Algeria has been awarded to Petrofac's consortium with Genie Civil et Batiment (GCB). Petrofac's share of the contract is approximately US$200 million, valued at approximately $300 million.
Aramco and Sinopec signed a Memorandum of Understanding (MoU) to discuss a variety of potential collaborative endeavors between the two companies.
The Athena Project, located in Minnehaha County, South Dakota, has been delivered with its first gas by Brightmark RNG Holdings LLC and Brightmark Fund Holdings LLC. Minnehaha County is home to three dairy farms: Boadwine Farms, Pioneer Dairy, and Mooody Dairy. As part of the previously announced partnership, dairy biomethane, a renewable natural gas (RNG), will be produced and marketed across the United States.
At a time when high oil prices and unstable energy supplies have been exacerbated by Russia's war on Ukraine, OPEC and its allies decided to slow production growth in September.
If Moscow doesn't heed a price cap, the wealthy nations of the Group of Seven (G7) are considering, among other things, restricting the shipping of Russian oil to deprive Moscow of bumper revenues during its invasion of Ukraine.
bp announced plans to invest up to £50 million (about $60 million) in a brand-new, cutting-edge analytical laboratory and electric vehicle (EV) battery testing facility in the UK. The UK's energy system will receive up to £18 billion in new investments from bp by the end of 2030; this additional investment is another another sign of BP's dedication to the nation.
Alana K. Knowles has been appointed by Chevron Corporation as vice president and controller, beginning March 1, 2023. David A. Inchausti, who will step down from that post as of February 28, 2023, and who is anticipated to retire from the corporation in April 2023 after 35 years of service, will be replaced by Knowles.
Based on preliminary data, Gazprom produced 262.4 billion cubic meters (bcm) of gas during January-July 2022. Compared to the same period last year, this is a decrease of 12%.
Shares in Equinor ASA (OSE: EQNR, NYSE: EQNR) have been sold by a primary insider:
