Ma Yongsheng, Sinopec's chairman, stated that the company’s refineries are operating at “fairly high” level to secure steady fuel supply in the country amid global oil supply disruption due to Russian’s invasion to Ukraine.
ADNOC Distribution announced the launch of a new Voyager Green Series new Voyager Green Series range of lubricant products for both petrol and diesel engines, made from 100% plant-based base oil.
Eni, through Eni International B.V., together with LiveStream LLC, announced that their plan to offer New Energy One Acquisition Corporation Plc (“NEOA”) on the London Stock Exchange.
The International Energy Agency (IEA) disclosed that it might release more oil from stocks to reduce its current high prices noting that it will set a plan to reduce oil usage as soon as possible.
The Chairman of Libya’s National Oil Corporation (NOC) Mustafa Sanalla, has held discussions on how to ramp up the production rates of Waha Oil Company with TotalEnergies CEO Patrick Pouyanné and ConocoPhillips CEO Ryan Lance.
Eni and the Minister of Agriculture, Livestock and Fisheries of the Republic of Benin has signed a cooperation agreement to develop jointly initiatives on the agro-industrial chain, to be used in bio-refining.
Shell announced that it intends to withdraw from its all-hydrocarbons business in Russia including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner aligned with new government guidance.
US President Joe Biden declared banning oil and other sources of energy imports from Russia in retaliation for the Russian invasion of Ukraine.
Italy’s Enel announced its readiness to complete its plan of building a liquefied natural gas (LNG) terminal in southern Italy as a part of country’s intensive efforts to find alternative supplies of natural gas instead of Russian gas.
Baker Hughes has announced the acquisition of Qi2 Elements, a designer and manufacturer of advanced robotic sensor systems that inspect, assess, and monitor the integrity of critical energy infrastructure.
