A German government official said that just before the start of the annual three-day G7 summit on Saturday, the leaders of the Group of Seven rich democracies had "very constructive" discussions about possible limits on Russian oil imports.
ADNOC (Abu Dhabi National Oil Company) announced today that it identified $19 billion worth of products it could manufacture locally in its procurement pipeline.
Following agreements with TotalEnergies, Eni, and ConocoPhillips, Qatar Energy announced on Tuesday that it had signed a contract with ExxonMobil for the Gulf state's North Field East expansion. North Field East is the world's largest liquefied natural gas project.
Eni CEO Claudio Descalzi and Bahraini Prime Minister Salman bin Hamad Al Khalifa met today to discuss the progress of Eni's activities in Bahrain, which are presently focused on gas production and carbon capture, energy transition, and circular economy.
In a recent research partnership, PETRONAS Research Sdn Bhd (PRSB) and Australia's Curtin University are addressing one of the most high-cost corrosion problems in the oil, gas, and petrochemical industries.
As part of its Singapore Resid Upgrade Project and as demand for cleaner fuels and distillates are growing, ExxonMobil will upgrade its residual production into higher-value lubricant base stocks and cleaner fuels.
In an effort to further reduce carbon emissions in northeast England, Norway's Equinor has submitted a funding bid for the construction of a second major low-carbon hydrogen production plant, the company announced on Wednesday.
In an interview on Tuesday, ExxonMobil CEO Darren Woods said he expects the oil market to remain tight for three to five years.
A cooperation agreement has been signed between Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.
ConocoPhillips has been selected to partner with QatarEnergy on the North Field East (NFE) expansion project, the largest in the history of the LNG industry.
