
Chevron to pay $550m to Richmond as city council withdraws refining tax proposal
Chevron will pay Richmond $550m over ten years as part of a settlement that led to the withdrawal of a planned tax initiative on the oil company’s refinery.

Chevron will pay Richmond $550m over ten years as part of a settlement that led to the withdrawal of a planned tax initiative on the oil company’s refinery.

Spanish company Cepsa has agreed to sell its liquefied gas subsidiary, Gasib, in Spain and Portugal to a unit of Chile’s Empresas Copec.

MOL Pakistan, a fully owned subsidiary of MOL Group, has made three gas discoveries in the TAL Block located in the Kohat Plateau of Khyber Pakhtunkhwa.

Industry experts weigh in on a shifting cybersecurity landscape for oil and gas since major hacks on Saudi Aramco and Colonial Pipeline.

Investment in Norwegian oil and gas projects are set to break records totalling Nkr257bn ($23.99bn) in 2024.

California Governor Gavin Newsom proposed a plan requiring oil refiners to hold minimum gasoline reserves to prevent price spikes.

Natural gas company TC Energy has finalised the sale of the Portland Natural Gas Transmission System (PNGTS).

Maverick Natural Resources, a US-based oil and gas producer, is potentially on the market for nearly $3bn, including debt, reported Reuters.

Valeura Energy has announced the commencement of oil production from its Nong Yao C development in the Gulf of Thailand.

As of 14 August, the UK’s Advertising Standards Authority (ASA) received 59 complaints alleging that the “ad is misleading”.