Chevron to invest $10 bn to grow lower carbon energy business
Chevron Corporation announced -- during its Energy Transition Spotlight -- plans to invest more capital to grow lower carbon energy businesses.
Chevron expects to invest more...
Mitsubishi and Shell ink MoU for hydrogen projects
Japan’s Mitsubishi and Shell Canada have signed a memorandum of understanding to produce low-carbon hydrogen to support Japan’s push for clean energy.
Mitsubishi plans to build...
Chevron and Caterpillar to develop hydrogen demo projects
Chevron and Caterpillar announced an agreement to develop hydrogen demonstration projects in transportation and stationary power applications, including prime power.
Caterpillar and Chevron aim to confirm...
Aramco signs 22 new MoUs for industrial investment program
Aramco announced an expansion of its industrial investment program, Aramco Namaat, with the signing of 22 new Memoranda of Understanding (MoUs) and 1 joint venture...
Energy group Eni made a giant oil discovery in Ivory Coast
Italian energy group Eni said it made a giant oil discovery in offshore Ivory Coast which could hold as much as 2 billion barrels of...
ABB selects Corvus to supply energy storage system for electric tug eWolf
ABB Marine & Ports has selected Corvus Energy to supply the energy storage system for the all-electric tug eWolf by Crowley Maritime Corporation.
The vessel...
Shell to invest Timi gas development project
Sarawak Shell Berhad (SSB), a subsidiary of Royal Dutch Shell plc, announced that it has taken a final investment decision on the Timi gas...
Indian Oil to invest nearly Rs 1 lakh crore to enhance refining capacity
Indian Oil (IOC) will invest nearly Rs 1 lakh crore to enhance its refining capacity by almost a third in the next 4-5 years.
IOC...
ONGC invites bids for 43 small oil and gas fields
India’s Oil and Natural Gas (ONGC) has invited bids from companies for handing over operations of 43 small and marginal oil and gas fields...
BHP in talks to sell petroleum business to Woodside Petroleum
BHP is in talks to sell its petroleum business to Australia’s top gas producer Woodside Petroleum in exchange for shares, the companies confirmed.
The world’s...