Aramco has completed its 100% acquisition of Esmax Distribución SpA, a prominent downstream fuels and lubricants retailer in Chile, marking Aramco's first investment in the South American market.
TotalEnergies has announced the signing of a sale and purchase agreement with Singapore's Sembcorp Industries. The deal involves the supply of up to 0.8 million tons of liquefied natural gas (LNG) per year to Sembcorp for a duration of 16 years, starting in 2027.
Italian oilfield services provider Saipem has surpassed its strategic plan targets, reporting a revenue of €11,874 million in its full-year 2023 results, a 19% increase compared to 2022.The company also reported adjusted EBITDA reaching €926 million, a 56% rise from 2022.
Emirates Gas, a subsidiary of ENOC Group, has launched the first 2 kg and 11 kg sizes of Marine LPG Composite Cylinders in the UAE, aimed to enhance the sailing and marine lifestyle experience for customers.
Saudi Aramco has signed procurement agreements worth $6 billion with local vendors, aimed at widening its domestic supply base.
Eni has announced its fourth-quarter results for 2023 with an adjusted net profit of €1.64 billion, exceeding analysts' expectations.
Eni and TotalEnergies have announced the successful completion of the drilling and production test of the Cronos-2 appraisal well in Block 6, offshore Cyprus.
US energy regulators have approved the Saguaro Connector Pipeline, which would export 2.8 billion cubic feet per day (bcf/d) of natural gas from Texas to Mexico Pacific's Saguaro LNG export plant on Mexico's west coast.
The financial statements of Edison for the year 2023 showed significant growth in all business areas, with the company achieving an EBITDA of €1,808 million, a 71% increase from the previous year.
ADNOC has won the Sheikh Hamdan Bin Zayed Environmental Award in the “Environmental Performance” category for implementing sustainability initiatives across the company’s operations.
