$27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers
Against the backdrop of rising concerns over hydrocarbon production rates, the European and U.S. oil majors – the…
bp sells minority stakes in US midstream assets for $1.5 billion
– Transaction will be completed in two phases, with about $1 billion paid upfront and…
BP delivers LNG cargo to Batangas FSRU
The 162,000-cbm FSRU BW Batangas, owned by BW LNG and chartered by First Gen, received the cargo from…
BP’s US$25bn Five-Field Megadeal In Iraq Is Finally Activated
Back in 2009, British oil and gas giant BP along with its then-Chinese partner China National Petroleum Corporation…
Why do big oil companies invest in green energy?
Some major oil companies such as Shell and BP that once were touted as leading the way in…
Brazil oil auction draws renewed offshore exploration interest
(Bloomberg) – Brazil sold five of the seven blocks offered in an oil auction on Wednesday to majors…
LNG Producer Faces Lawsuits Over Alleged Contract Breaches
Venture Global has written to its long-term contract partners in the Plaquemines LNG plant to assure them it…
Perenco targets expansion into new countries to sustain oil and gas production growth
(Bloomberg) – Perenco SA, owned by the billionaire Perrodo family, is looking for opportunities to enter into new…
50 European corporates backing startups on the path to growth, innovation, and global impact
Across Europe, big companies are becoming strong backers of startup innovation, and corporate venturing is widely used as…
French political turmoil drags down European stocks – The Irish Times
European shares lost ground on Monday as French assets sold off in the wake of the country’s latest…
Economics rather than environmental concerns could sink Woodside’s proposed Browse gas project
Oil and gas giant Woodside’s fight to develop the huge Browse offshore gas fields has so far been…
Supermajors Slim Down to Protect Shareholder Payouts
The world’s biggest international oil and gas firms are accelerating layoffs this year in search of further cost…