Aramco Discovers Natural Gas in Four Different Regions of Saudi Arabia
The Saudi Minister of Energy Abdulaziz bin Salman announced that Saudi Aramco has discovered several natural gas fields in four different regions of the kingdom.
News / International
Equinor, bp Announce Decision to Exit Russia
Both Equinor and bp have announced their decisions to exit and halt work in Russia due to its invasion of Ukraine.
Eni Starts Production from Ndungu EP Development Project
Eni announced that it has started production from Ndungu Early Production (EP) development project located in Block 15/06 of the Angolan deep offshore, via the Ngoma Floating Production Storage and Offloading (FPSO) vessel.
ExxonMobil to Expand CCS at LaBarge Facility
ExxonMobil disclosed that it has made a final investment decision to expand carbon capture and storage at its LaBarge, Wyoming, facility
Eni Achieves Highest Net Profit of EUR 4.7 billion Since 2012
Eni announced that it has achieved the highest adjusted net profit in 2021 reaching EUR 4.7 billion since 2012.
Aramco Closes Deal on Natural Gas Pipeline with Investors
Saudi Arabian Oil Company (Aramco) has announced that it successfully closed a lease and leaseback deal signed with international investor consortium, led by affiliates of BlackRock and Hassan.
Eni, ENEA Sign Agreement for Decarbonization, Energy Transition
Eni announced that it has signed a Joint Cooperation Agreement (JCA) with ENEA for developing decarbonization as well as ecological energy transition projects.
Oil Prices Climb Over $100 as Russia Attacks Ukraine
Oil prices surged as Brent reached $102.48 a barrel, highest since Sept 2014, on February 24th as Russia attacked Ukraine.
Eni, Edison, Ansaldo Energia to Conduct Feasibility Study for Hydrogen Production
Eni, Edison, and Ansaldo Energia have finalized an agreement to conduct a feasibility study on green hydrogen production, produced through water electrolysis, or blue with the use of natural gas, from which the CO2 produced is captured, with the aim of using natural gas to fuel the new Edison plant in Porto Marghera.
LNG Global Trade Increases 6% in 2021 Despite Supply Limitations
The global trade in liquefied natural gas (LNG) increased by 6% to 380 million tons during 2021 as many countries recovered from the economic impact of the COVID-19 pandemic.
