News / International

Wintershall Dea Decides to Keep Its Assets in Russia

Wintershall Dea’s CEO Mario Mehren announced that his company decided to keep its projects in Russia after conducting intensive discussions noting that it will never import natural gas from Russia or conduct any contracts with them.

Argentina to Receive LNG Cargoes from Egypt

Egypt, which is one of Argentina's 23 listed producers and traders, is set to ship two rare cargoes of LNG, the first since 2013, reflecting how a tight global market is influencing supply routes.

TA’ZIZ, Reliance Sign Agreement for the Ruwais Chemicals Project

The formal Shareholder Agreement for the TA'ZIZ EDC & PVC project has been signed between Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA'ZIZ) and Reliance Industries Limited (RIL).

TC Energy to Build a Low-Carbon Hydrogen Production Hub

TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) is reviewing its concept for a hydrogen production hub on 140 acres in Crossfield, Alberta, where the Company runs a natural gas storage facility, with the help and input of their partner Nikola Corporation (Nasdaq: NKLA). During the first-ever Canadian Hydrogen Convention in Edmonton, Alberta, the plan will be highlighted. TC Energy anticipates making a final investment decision by the end of 2023, subject to the usual regulatory approvals.

ExxonMobil Achieves Three New Discoveries in Guyana

ExxonMobilExxonMobil has discovered three additional offshore Guyana, bringing its total recoverable resource estimate for the Stabroek Block to roughly 11 billion. The three discoveries, which are southeast of the Liza and Payara developments, increase the total number of ExxonMobil discoveries in Guyana to five in 2022.

Gazprom Cuts Off Gas Supply to Poland, Bulgaria

In response to sanctions imposed by the West for the invasion of Ukraine, Russia's Gazprom halted gas supplies to Poland and Bulgaria after they failed to pay in roubles, Reuters reported.

TotalEnergies to Ship UAE’s Oil to Europe 

CSSSA shipping unit which affiliated to France's TotalEnergies has provisionally contracted with a suezmax tanker to load Abu Dhabi crude in early May for Europe.

UOG’s CFO Steps Down 

David Quirke, United Oil & Gas' Chief Financial Officer (CFO) announced that he is stepping down from his positions in the company as CFO and Executive Director.

Equinor Releases Its First Energy Transition Plan

The plan includes an overview of the company's path towards its 2050 net zero goals through short-term activities and medium-term ambitions.

CNOOC Stocks Climb 44% in Shanghai Debut

The oil giant's stock started trade at 20% more than its offering price. However, the Shanghai Stock Exchange started a 30-minute trading suspension almost immediately when the stock price hit the daily allowable band upper limit for new main-board listings.

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