
Aramco and ADNOC among suitors for Shell’s downstream business in South Africa
Saudi Aramco, ADNOC, and Trafigura are among the entities vying to acquire Shell’s service stations in South Africa, reported Bloomberg.

Saudi Aramco, ADNOC, and Trafigura are among the entities vying to acquire Shell’s service stations in South Africa, reported Bloomberg.

Mantel Capture, a US-based carbon capture technology startup, has raised $30m in a Series A funding round co-led by Shell and Eni.

The US-based company Talos Energy has found up to 25 million barrels of oil equivalent (mmboe) in resources in an underwater well.

ADNOC has signed an agreement to acquire a 35% equity stake in ExxonMobil’s proposed low-carbon hydrogen facility in Texas, the US.

The North Sea Transition Authority is calling on operators to increase their well intervention activity and will host a supply chain and operator workshop later this year.

Shell alleges that Venture Global redirected gas shipments to higher-priced spot markets instead of keeping its long-term contracts with European customers.

LetterOne, partially owned by Mikhail Fridman and Petr Aven, has obtained a minority stake of 14.87% in the UK’s Harbour Energy.

Santos has signed a contract with Glencore Singapore for the supply of liquified natural gas (LNG) cargoes.

ORLEN has solidified its LNG supply logistics across Central and Eastern Europe through an exclusive five-year agreement with KN Energies.

Vista Energy plans to inject approximately $1.1bn into expanding its operations in Argentina’s Vaca Muerta shale formation.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.