Shell and Bloom Energy to cooperate for exploring decarbonization solutions using Bloom's hydrogen electrolyzer technology, aimed at developing large-scale solid oxide electrolyzer (SOEC) systems that can produce clean hydrogen for potential use at Shell's assets.
TotalEnergies and QatarEnergy have signed an agreement to buy a stake in a license to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly owned subsidiary of Eco Atlantic Oil and Gas), and Ricocure.
Saudi Arabia's Aramco and Abu Dhabi National Oil Company (ADNOC) have been in discussions to invest in US liquefied natural gas (LNG) projects, according to Reuters.
ADNOC has generated $500 million in value from deploying 30 AI tools across the company’s entire value chain by 2023. These tools have helped in value creation, improved decision-making process in addition to reducing carbon emissions by 1 million tons between 2022 and 2023, equivalent 200,000 gasoline- powered cars from the road.
Hindustan Petroleum Corp. (HPCL) is set to start operating its new 180,000 barrels per day Barmer refinery in India's desert state of Rajastha by December using Middle East oil.
Valero Energy Corp., one of the largest fuel refiners in the US, has joined a massive carbon capture and storage project in the heart of the country's corn industry.
Suriname's state-owned oil company, Staatsolie,m has signed a deal with Petronas and ExxonMobil to extend exploration of a gas discovery off the coast of Suriname in addition to considering the potential of a floating LNG project.
TotalEnergies and Bapco Energies, the leading energy transition company in Bahrain, have cooperated to optimize the trading of petroleum products.
Iran's largest oil refinery, the Abadan oil refinery, has increased its processing capacity as part of the government's efforts to reduce the export of crude oil.
Three of the top energy companies in the Philippines have partnered to create a large-scale integrated liquefied natural gas (LNG) facility. This partnership, valued at $3.3 billion, marks the first time that Aboitiz Power, a subsidiary of Manila Electric (Meralco), and San Miguel Corp. have collaborated on such a project.
