Russia Does Not Expect More Gas Cuts to European Customers
Russia said its gas sales to Europe were not going to be interrupted by Gazprom and said its plan to make gas customers pay in roubles was working as planned.
News / International
Eni, HitecVision Sell 5% Stake in Norway’s Vaar Oil Firm
Eni and Norway's HitecVision have sold a 5% stake in Norwegian oil firm Vaar Energi (VAR.OL) for $530 million, the energy giant said on Thursday.
Cummins, Chevron Cooperate in Natural Gas Engine Demonstration with Walmart
As part of its commitment to the demonstration of Cummins Inc.'s new 15-liter natural gas engine for heavy-duty trucks, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, has reached definitive agreements to supply renewable natural gas fuel to Walmart Inc.
Chevron, KazMunayGas Announce MoU to Explore Lower Carbon Opportunities
Chevron Corporation and JSC NC "KazMunayGas" (KMG) have announced a memorandum of understanding (MoU) to look into potential low carbon business prospects in Kazakhstan through Chevron Munaigas Inc. (Chevron).
Pakistan Turns to Qatar for LNG Supplies Amid Severe Fuel Shortages
Pakistan is in talks with Qatar to expand liquefied natural gas deliveries, the latest effort by the South Asian country to help alleviate a debilitating fuel shortage.
Four Global Energy Giants Chosen for Qatar’s Massive LNG Expansion
In the expansion of the world's largest liquefied natural gas (LNG) project, Qatar has selected ExxonMobil, TotalEnergies, Shell, and ConocoPhillips as partners, according to sources cited by Reuters.
Equinor Awards Transocean Spitsbergen Two Drilling Licenses
Equinor has awarded Transocean Spitsbergen a drilling contract for nine wells and options for two additional wells for the Haltenbanken West Unit and Halten East licences. Including the options, the contract is estimated to be worth around NOK 2.4 billion.
China Issues New Set of Quotas for Fuel Exports
Reuters reported on Tuesday that China has issued 4.5 million tonnes of export quotas for refined fuel, an increase to the first issue for 2022 in order to ease domestic inventories after the COVID-19 lockdown hit demand.
Kuwait Petroleum Corporation Seeks $1B in Financing from Banks
A parliamentary document reviewed by Reuters shows that Kuwait Petroleum Corporation plans to borrow up to $1 billion from banks including HSBC and JPMorgan.
Eni, Repsol to Ship Venezuelan Oil to Europe
Eni and Repsol could begin shipping Venezuelan oil to Europe as soon as next month to replace Russian crude, five people familiar with the matter say, resuming oil-for-debt swaps that were suspended two years ago when Washington tightened sanctions against Venezuela.
