Banks And Defense Firms Gain Ground
London has Europe’s largest stock exchange and has many of Europe’s largest banks, which have thrived in the…
Shell Set to Add 12 Million Tons of LNG Capacity by 2030
Shell expects to add 12 million tons of LNG capacity volumes by the end of the decade from…
Malaysia energy company Petronas has “no plans” to leave Canada, executive says
Malaysian energy company Petronas has no plans to leave Canada, the CEO of its Canadian subsidiary said on…
Oil & gas giants pick UK drone tech for North Sea methane crackdown
UK-headquartered drone firm Flylogix has won contracts with major operators, including Great Britain’s Shell and Ithaca Energy and…
Nigeria’s First Crude Export: Otakikpo Terminal Opens
Green Energy International Limited has concluded the first crude oil export from its newly constructed Otakikpo onshore terminal,…
TotalEnergies Boosts Stake in Brazil’s Lapa Oil Field to 48%
TotalEnergies (NYSE: TTE) has signed a strategic asset swap agreement with Shell Brasil to raise its operated interest…
TotalEnergies and Shell swap stakes in two oil & gas assets offshore Brazil
TotalEnergies EP Brasil, a subsidiary of France’s energy giant TotalEnergies, has set the wheels in motion to transfer…
Local firms drive new growth phase in Nigeria’s oil sector
Following this trend, Renaissance Africa Energy — after acquiring Shell’s onshore assets, is committing to investing $15 billion…
Trinidad’s Atlantic LNG increases production in May
Exports of liquefied natural gas from Trinidad and Tobago’s flagship Atlantic LNG export facility increased by 43 per…
Shell Boost Stake in Nigerian Deepwater as TotalEnergies Exits Bonga Oilfield
Shell will buy TotalEnergies’ 12.5% non-operated stake in the deepwater oilfield Bonga offshore Nigeria, where the UK-based supermajor…
Is Shell Sizing Up Oil’s Biggest Power Grab Yet?
BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could…
Shell’s Deepwater Dreams Hit Delay in the Gulf
Shell’s plans to juice output from its deepwater Perdido development in the U.S. Gulf of Mexico just ran…