TotalEnergies has signed an agreement to acquire from its three founders the entire share capital of Kyon Energy, a prominent developer of battery storage systems in Germany. The deal consists of a €90 million upfront payment and earn-out payments related to the achievement of development targets.
Baker Hughes has reported a net income of $1.943 billion, up $2.544 billion year-over-year, according to its press release about its Q4 2023 results.
Idemitsu, the second largest petroleum refiner in Japan, has said that it plans to turn Yamaguchi refinery into a hub of carbon-free energy such as solar power and hydrogen by the 2030s.
Abu Dhabi National Oil Company (ADNOC) has sold more straight-run fuel oil (SRFO) from its Ruwais refinery complex this month via private sales, according to trade sources and ship-tracking data.
TotalEnergies has announced that it will restart production at Denmark's Tyra natural gas field in March of this year.
Saudi Basic Industries Corp. (SABIC) has announced its plans to build a new petrochemical complex in southeastern China's Fujian province, according to Reuters.
SLB has announced its full-year results for 2023 revealing a significant increase in revenue, reaching $33.1 billion, representing an 18% year-on-year growth
Australia has reached new gas supply deals for energy markets on its east coast.
LG Chem and Enilive, Eni’s Sustainable Mobility company, have moved a step further in making a final investment decision on the project of a new biorefinery in South Korea by signing the joint venture (JV) agreement.
Chevron has announced its plans to sell its natural gas business in Canada's Duvernay Shale as part of its efforts to streamline global operations following several acquisitions.
