Featured News

Shell exits Permian oilfield in $9.5 bn deal to ConocoPhillips

Royal Dutch Shell has agreed to sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S. oilfield for...

Shell reveals significant damage to WD-143 facilities from Hurricane Ida

Shell Offshore, a subsidiary of Royal Dutch Shell, has revealed significant structural damage to its West Delta-143 (WD-143) offshore facilities from Hurricane Ida. Shell Offshore...

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...