PetroChina plans to shut down its domestic oil refinery in Dalian by mid-2025, marking China’s first major closure.
CNOOC reports a 19.5% rise in net profit for the first three quarters of 2024, to 116.66 billion yuan attributable to equity shareholders.
UES has partnered with KERUI Group to form a joint venture that will manufacture oil and gas equipment in Oman.
1PointFive has signed an agreement with Enterprise Products Partners to establish a carbon dioxide transportation network.
Eni and BP have resumed exploration activities in Libya, with drilling operations underway in the Ghadames Basin.
Saudi Aramco’s, Wa’ed Ventures, has allocated $100m to invest in AI startups, to become a leading player in the global AI landscape.
Epsilon Energy has signed definitive agreements to form two joint ventures (JVs) in the Garrington and Harmattan areas of Alberta, Canada.
US fund KKR has signed an agreement to acquire a 25% stake in Italy’s Eni’s biofuel subsidiary, Enilive for €2.93bn.
Petrobras plans to increase Tupi oilfield production to one million barrels per day (bpd) by 2027 through new investments in the asset.
Ashtead Technology has agreed to acquire Seascan and J2 Subsea, from Acteon Group for £63 million ($81.6 million).
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
