TotalEnergies Expands its Electricity Business
TotalEnergies has announced its plans to accelerate its development in the electricity business.
News / International
Baker Hughes, Chevron Australia Enter 20-year Agreement for Offshore Development Projects
Baker Hughes, a leading energy technology company, has announced a 20-year framework agreement with Chevron Australia Pty Ltd. where Baker Hughes will provide its innovative Aptara Subsea production systems for Chevron Australia's future offshore developments.
Aramco Makes its First Entry into Pakistan’s Fuels Retail Market
Aramco, a global leader in energy and chemicals, has announced its plans to acquire a 40% equity stake in Gas & Oil Pakistan, GO.
Gunvor to Acquire 75% Stake of bp Gas Power Plant in Spain
Energy trader Gunvor has announced its agreement to acquire a 75% stake in a 785 megawatt (MW) power plant in Bilbao, Spain, from bp Gas Marketing. This marks Gunvor's first power plant acquisition and is expected to be completed in the first quarter of 2024.
Frontera, CGX to Develop Promising Offshore Block in Guyana
Frontera Energy and CGX Energy have jointly cooperated to develop a promising offshore block in Guyana, with a final investment decision expected by 2026. This joint venture has the potential to become the next major oil and gas exploration project in the country, following the success of the Exxon Mobil-led consortium.
Wintershall Dea Receives Gold Standard for Methane Emissions Reduction Efforts
Wintershall Dea has been awarded the Gold standard for the third consecutive year by the United Nations Environment Program (UNEP) for its engagement and pathway to reducing methane emissions.
Niger to Begin Oil Exports from Benin Pipeline
Niger expects to export its first barrels of crude oil through a new pipeline connecting the country's Agadem oilfield to the Benin port of Cotonou. The project, backed by PetroChina, was officially launched on November 1st and is expected to start commercial operations in January.
PetroSA, Gazprombank Join Forces to Restart Mossel Bay Refinery
South Africa's PetroSA has chosen Russia's Gazprombank Africa as an investment partner for its mothballed gas-to-liquid (GTL) refinery in Mossel Bay, according to a statement from the government. This decision comes after South Africa agreed to a recommendation from PetroSA to select Gazprombank as its partner.
Iran Expands Refinery Projects in Syria
Iran is expanding its refining projects, with the Homs refinery being their main focus. It has received requests from various countries for refining cooperation and is in the process of finalizing a contract with Syria.
Serbia Completes Interconnector to Gas Pipeline in Bulgaria
Serbia has taken a major step towards reducing its dependence on Russian gas with the completion of an interconnector to a pipeline in Bulgaria.
