Eni to Convert Livorno Refinery into Bio-Refinery
Eni has announced its plans to convert the Livorno refinery into a bio-refinery, making it Italy's third bio-refinery.
News / International
Falcon Oil & Gas Starts Initial Production at SS1H Well in Australia
Falcon Oil & Gas has announced the start of the 30-day initial production (IP30) testing at the Shenandoah South 1H (“SS1H”) well in EP117 within the Beetaloo Basin in the Northern Territory (NT), Australia.
Shell to Shut Down German Oil Refinery to Cut Emissions
Within its efforts to reduce carbon emissions, the international energy and petrochemical company Shell has announced its plan to shut down its oil refinery in Wesseling, Germany by 2025. The company announced that it would convert the site to produce lubricant feedstock.
Petrobras’ Oil, Gas Production Rises 3.7% in 2023
Petrobras, a Brazilian state-owned oil and gas company, has reached total production of 2.78 million barrels of oil equivalent per day (MMboed) in 2023, which is a 3.7% increase from the previous year.
New York Receives Bids to Supply Power from Three Offshore Wind Projects
Equinor, Orsted, and a joined venture between RWE and National Grid have submitted bids for offshore wind projects, according to New York State Energy Research and Development Authority (NYSERDA).
TotalEnergies Acquires Kyon Energy, Further Expands Energy Portfolio in Germany
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 Q4 2023 Results Indicate Remarkable Surge in Net Income
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 to Turn Yamaguchi Refinery into Carbon-Free Energy Hub
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.
ADNOC Sells Additional SRFO from Ruwais Refinery
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 to Resume Production at Denmark’s Tyra Natural Gas Field
TotalEnergies has announced that it will restart production at Denmark's Tyra natural gas field in March of this year.
