Company News
Oil giant Aramco announces global partnership with FIFA
Saudi Arabia’s oil and gas giant Aramco has entered into a global partnership with the world football governing body FIFA.
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Company News
Sinopec to conduct feasibility study for new refinery in Sri Lanka
Sinopec is advancing its global strategy as it seeks to establish its first fully-controlled refinery in Sri Lanka, reported Reuters.
Industry News
Equinor records sharp fall in Q1 2024 results, cites lower gas prices
Equinor announced a 38.96% decline in Q1 2024 net operating income to $7.63bn in its first quarter results.
Industry News
Freeport LNG ships first tanker in 12 days
Freeport LNG shipped a partially loaded tanker, marking the resumption in gas processing after an outage last month.
Deal News
TotalEnergies to raise stake in Congo’s Moho field and sell stake in two mature assets
TotalEnergies has signed a deal with Trident Energy to acquire an additional 10% interest in the Moho field offshore Congo.
Deal News
Sintana to acquire 67% stake in Giraffe Energy to expand in Namibia’s Orange Basin
Sintana Energy has agreed to acquire up to a 67% stake in Giraffe Energy, marking a strategic expansion into Namibia’s
Analyst Comment
Asian countries to lead global polyolefins capacity additions by 2030
Asian countries are expected to dominate the global polyolefins capacity additions.
Industry News
Boeing sustainability chief says SAFs are unlikely to fall as low as jet fuel
Boeing’s sustainability head said that sustainable aviation fuels (SAFs) are “high unlikely to reach price parity with Jet A fuel”.
Industry News
Eni increases share buyback to €1.6bn in 2024
In its Q1 2024 results, Eni announced it would increase its planned share buyback by 45% to €1.6bn and reported
Deal News
Texas LNG plant expands gas tolling agreement with EQT
Texas LNG, a subsidiary of Glenfarne Energy Transition, has expanded its natural gas tolling agreement with US gas company EQT.