Featured News

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...

Shell buys MSTS Payments as part of technology focus

Shell Oil Company has acquired MSTS Payments and its Multi Service Fuel Card business from Multi Service Technology Solutions. The Multi Service Fuel Card acceptance...