On behalf of its partners ExxonMobil, CNPC, GALP, KOGAS, and ENH, Eni announces the Coral South Project has safely introduced hydrocarbons to the Coral Sul Floating Liquefied Natural Gas (FLNG) plant from the Coral South reservoir offshore Mozambique.
Malaysian state oil firm Petronas established Gentari as part of a global push to produce carbon-free energy.
Shell is creating larger vessels that can transport more carbon dioxide over longer distances as part of its global carbon capture and storage (CCS) expansion ambitions, according to the oil major.
Wintershall Dea pays the same salary regardless of gender and is the first energy company worldwide to receive the internationally recognized EQUAL-SALARY certification.
According to state-controlled oil firm Eni SpA, Gazprom PJSC has suspended gas shipments to Italy, citing a source from the Russian corporation.
The Gazprom Management Committee noted the progress of additional gas infrastructure expansion in the constituent states of the Russian Federation throughout the year 2022, including efforts to bring pipeline gas to residents within localities currently covered by the gas grid free of cost for the population.
bp has agreed to acquire a 40.5% stake in the Asian Renewable Energy Hub (AREH), which has the potential to become one of the world's largest green hydrogen hubs.
According to OPEC delegates and industry insiders, global oil demand growth will decelerate in 2023, as rising crude and fuel prices help push up inflation and act as a drag on the global economy.
Chevron announced that it has successfully acquired Renewable Energy Group (REG) and its new segment Chevron Renewable Energy Group aims to focus on the transportation sector.
A political crisis in Libya has nearly halted all oil production as more ports and oil fields are shut down. OPEC member's daily production is down by 1.1 million barrels compared to 1.2 million barrels last year , Oil Minister Mohamed Oun told Bloomberg on Monday. That means Libya pumps about 100,000 barrels daily.
