Deal News
Gunvor signs deal with LNEnergy for Italian LNG supplyÂ
Gunvor has entered into a non-binding agreement to procure liquefied natural gas (LNG) from LNEnergy’s proposed facility in Italy. Â
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Industry News
UK will allow fossil fuel companies to explore under offshore wind farm sites
The UK Government will allow fossil fuel companies to explore under offshore wind power sites for the first time, angering
Industry News
Gazprom posts first annual loss in 20 years
The Russian state-owned energy giant Gazprom has posted its first annual loss in 20 years as it struggles with lost
Contract News
Shell-backed Dragon LNG awards feasibility study contract to WorleyÂ
Dragon LNG has awarded a feasibility study contract to Worley to explore the integration of LNG regasification and CO2 liquefaction
Deal News
ExxonMobil’s $60bn Pioneer acquisition gets nod from US regulator  Â
The US Federal Trade Commission (FTC) has given conditional approval to ExxonMobil’s nearly $60bn acquisition of Pioneer Natural Resources. Â
Contract News
Equinor signs agreement for Wisting and Bay Du Nord offshore projectsÂ
Equinor has signed an agreement with SLB and Subsea Integration Alliance to initiate exploratory efforts on two projects.
Company News
Shell beats earnings forecasts and plans share buyback
Shell has today released its Q1 earnings announcement, revealing significant growth for the company and announced plans for a share
Analyst Comment
Port terminals lead global liquids storage projects outlook by 2028
Globally, 257 upcoming liquid storage projects are likely to commence operations during the 2024 to 2028 period.
Company News
ConocoPhillips Q1 2024 profit slumps more than 12% to $2.55bnÂ
ConocoPhillips has posted net income of $2.55bn for the first quarter of 2024, down 12.6% compared with $2.92bn in the
Industry News
Russian oil export revenues rise by $17.2bn in March
Russian oil export revenues increased in March, according to a report by the Kyiv School of Economics.