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Huawei Digital Power signs contract with SEPCOIII for Red Sea Project
Huawei Digital Power signed a contract with SEPCOIII for the Red Sea Project with 400 MW PV plus 1300 MWh battery energy storage solution...
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Shell selects Worley for low-carbon fuels project in Netherlands
Shell has selected Worley to provide design and procurement services to support the development of a low-carbon fuels facility at the Shell Energy and Chemicals...
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State-run and private refiners form group to seek better crude import deals
India is forming a group of state-run and private refiners aimed at seeking better crude import deals, Reuters reported.
India, the world’s third largest oil...
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ESG Reporting: What every manager in Oil and Gas industry needs to do in 2021
Environmental, social and governance (ESG) investing is rapidly becoming one of the most valued megatrends on the globe. Even amid the effects of COVID-19,...
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Eidesvik taps Wartsila for ammonia-fuelled combustion engine
The technology group Wartsila and Norwegian ship owner Eidesvik Offshore have signed a cooperation agreement aimed at converting an offshore supply vessel (OSV) to...
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Natural gas price increase positive for upstream producers in India
The 62 percent increase in natural gas prices by the Indian government will boost the profitability of upstream companies in the country and support...
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Chevron buys stake in CNG station business from Mercuria Energy
Chevron announced that it closed its previously announced acquisition of an equity interest in American Natural Gas and its network of 60 compressed natural gas (CNG) stations...
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Shell sells upstream assets in Egypt to Cheiron-Cairn consortium
Royal Dutch Shell has completed the sale of upstream assets in Egypt’s Western Desert to a consortium of Cheiron Petroleum and Cairn Energy for...