ADNOC has signed a 15-year Heads of Agreements (HoA) with German EnBW for the delivery of 0.6 million metric tons per year (mmtpa) of liquefied natural gas (LNG) starting in 2028 and primarily be sourced from Ruwais LNG plant, which is currently under development in Al Ruwais Industrial City
TotalEnergies announced on Wednesday the first oil production from the Elfisk North project ahead of plan in the Greater Ekofisk Area in the North Sea, with production rates of 15,000 barrels of oil equivalent per day (boe/d) at peak. In December 2022, the Norwegian authorities approved the Eldfisk North Plan for Development and Operation with original production start scheduled in the second quarter of 2024.
Shell reported a first-quarter profit of $7.7 billion, exceeding analysts’ expectations for adjusted earnings of $6.46 billion, compared to $9.65 billion the previous year earlier.
Edison has announced its financial results for the first quarter of 2024, recording revenues of €4 billion in addition to 12% increase in EBITDA and Net profit compared to the same period last year.
Aramco has announced its first quarter results of 2024 (Q1 2024), reporting net income of $27.3 billion, slightly lower than Q1 2023 that was $31.9 billion. This was primarily due lower oil prices and volumes sold.
CNOOC Limited has announced the start of production for the Bozhong 19-6 Gas Field 13-2 Block 5 Well Site Development Project.
ExxonMobil has completed the acquisition of Pioneer Natural Resources, doubling the company’s Permian production volume to 1.3 million barrels of oil equivalent per day (mboe/d), based on 2023 volumes, and is expected to increase to approximately 2 mboe/d in 2027, based on initial estimates.
QatarEnergy has signed long-term time charter party (TCP) agreements with three Chinese ship owners. These agreements will cover the operation of nine new, ultra-modern LNG vessels, aimed to increase QatarEnergy's LNG production capacity from the North Field to 142 million tons per annum (mtpa) by 2030.
APA Corporation has announced its first-quarter 2024 financial and operational results, reporting a net income attributable to common stock of $132 million, or $0.44 per diluted share, compared to $0.78 a year ago.
Lightsource bp, a British solar energy company, is gearing up to build a massive 560-megawatt solar park in central Greece. This €395 million project will be financed through loans from the European Union's National Recovery and Resilience Plan Greece 2.0 and from Eurobank, According to Balkan Green Energy News.
