Shell has been chosen by QatarEnergy to be the fifth partner in the North Field East (NFE) expansion project, which is the single largest project in the history of the LNG industry.
After a strike by members of the Norwegian Organization of Managers and Executives (Lederne) was called off, the Gudrun, Oseberg South, and Oseberg East fields have started production.
Versalis, a wholly owned subsidiary of Eni, presented its four-year business plan to national and local union representatives in Rome today. In the last four years, more than EUR 1.1 billion have been invested in four strategic areas: specialization, circularity, chemistry from renewables, and efficiency. While the chemical industry is experiencing a particularly delicate period due to high utilities, raw materials, and logistics costs, Eni's chemical company is focusing on innovation by developing proprietary technologies and agreements with partners to speed up transformation.
Nigerian authorities announced on Wednesday that the Secretary-General of the Organization of Petroleum Exporting Countries had passed away.
Shell Nederland BV and Shell Overseas Investments BV, subsidiaries of Shell plc, made the final investment decision to build Holland Hydrogen I, the largest renewable hydrogen plant in Europe once operational in 2025.
Javad Owji, the Iranian Minister of Petroleum, said 7 billion dollars would be invested in the Azadegan Oilfield, the majority coming from Iranian banks, development companies, and the National Development Fund of Iran (NDFI).
Due to a strike by members of the Norwegian Organization of Managers and Executives (Lederne), Equinor has shut down the Gudrun, Oseberg South, and Oseberg East fields.
ConocoPhillips reported first-quarter 2022 earnings of$5.8 billion, or $4.39 per share, compared with first-quarter 2021 earnings of $1.0 billion, or $0.75 per share.
As part of Tullow Oil's world-class Jubilee Development in Ghana, West Africa, Petrofac, a leading provider of services to the global energy industry, will provide operations services.
Iran managed to make over $25 billion in revenues from its oil exports last year, a significant leap in comparison to the $7.9 billion worth of income in oil exports in 2020.
