energy news

Shell has initiated the sale of approximately a quarter of its US-based solar business, Savion, Reuters news report said. The move to sell a part...

Aramco, a leader in integrated energy and chemicals, has announced a substantial increase in proven gas and condensate reserves at the Jafurah unconventional field...

Chevron, the second-largest U.S. oil producer, said Capex in 2023 rose 32 percent to $15.829 billion from $11.974 billion in 2022. The increase in the...

Exxon Mobil, the largest U.S. producer of oil, unveiled its strategic financial outlook, disclosing plans for capital spending ranging from $23 billion to $25...

Shell, a leading energy company, has revealed an annual profit of $28 billion, fueled by strong liquefied natural gas (LNG) trading. Despite a 30 percent...

Saudi Aramco revealed that it has received a directive from the Ministry of Energy instructing the company to maintain its Maximum Sustainable Capacity (MSC)...

Shell Deutschland has announced its decision to repurpose the hydrocracker at the Wesseling site, located in the Energy and Chemicals Park Rheinland, into a...

Pelagic Partners is a company that has invested significantly in the global oil tanker industry through its Pelagic Fund I and Pelagic Yield Fund....