EIA expects crude oil prices to remain lower than the highs of 2021
The U.S. Energy Information Administration (EIA) forecasts that global oil production will increase more quickly than demand in 2022, pushing crude oil and petroleum...
Chevron plans capital spending of $15 bn for 2022
Chevron Corporation announced capital spending program of $15 billion for 2022.
The Capex of Chevron Corporation is at the low end of its $15 to $17 billion guidance range and...
Saudi Aramco and RIL call off $15 bn deal: Reuters
Reliance Industries (RIL) and Saudi Aramco have called off a $15 billion deal for the state oil giant to buy a stake in the oil-to-chemicals business of...
BHP’s petroleum business to merge into Woodside
Woodside and BHP signed an agreement to merge BHP’s petroleum arm into Woodside to create a global top 10 independent oil and gas producer,...
Exxon Mobil to sell oil and gas properties in North Texas
Exxon Mobil has launched a sale of its oil and gas properties in the first major U.S. shale field, as part of a portfolio reshuffling...
Shell ditches the Dutch, seeks move to London in overhaul
Royal Dutch Shell revealed it would move its head office to Britain from the Netherlands.
The company, which faced questions from investors about its dual structure, aims to...
NTPC to set up Waste to Energy Plant for Rs 180 crore in Varanasi
NTPC Vidyut Vyapar Nigam (NVVN) has signed an agreement with Varanasi Nagar Nigam for setting up a Waste to Energy (WTE) Plant worth Rs...
RWE reports EBITDA of €2.397 bn in first three quarters
RWE has reported adjusted EBITDA of €2.397 billion in the first three quarters of 2021, despite weather-related impacts, caused in part by the extreme cold snap...
Petronas and Exxon Mobil to explore carbon capture and storage
Malaysia’s state energy firm, Petroliam Nasional (Petronas) has partnered with Exxon Mobil to jointly explore opportunities in carbon capture and storage (CCS) technologies in...
BHP sells 80% stake in BHP Mitsui Coal for $1.35 billion
BHP announced it has signed a Share Sale and Purchase Agreement to divest its 80 percent interest in BHP Mitsui Coal (BMC), an operated metallurgical...
LATEST POSTS
