Company News
ConocoPhillips Q1 2024 profit slumps more than 12% to $2.55bn
ConocoPhillips has posted net income of $2.55bn for the first quarter of 2024, down 12.6% compared with $2.92bn in the
Category: Industry News
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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.
Deal News
Pacific Energy in talks for LNG cargoes from US Gulf Coast projects
Pacific Energy is in negotiations with Tellurian and NextDecade for LNG cargoes from their proposed export terminals along the US
Industry News
Exxon to shut Guyana oil project for two weeks
Exxon is to shut down its Stabroek project in Guyana for two weeks so it can connect a natural gas
Deal News
ADNOC partners with G42 and Presight to advance AI solutions for energy sector
ADNOC has joined forces with artificial intelligence (AI) companies G42 and Presight Partner to accelerate AI solutions in the energy sector.
Deal News
ExxonMobil’s $60bn Pioneer acquisition nears FTC approval
ExxonMobil’s nearly $60bn purchase of Pioneer Natural Resources is on the verge of receiving approval from the US FTC, reported
Analyst Comment
SBTi gets into carbon offsets mess
The SBTi said any guidance it gives on offsets would include ‘guardrails and thresholds’ and it would not validate the
Features
“Britain has become more unequal” – Greenpeace on green transition tax
Greenpeace’s Doug Parr suggests that tax reform could finance infrastructure investments needed for a fair energy transition.
Features
How realistic is a global fossil fuels tax to aid the green transition?
The Climate Damages Tax proposes a fee per tonne of CO2 embedded within the domestic extraction of coal, oil and
Contract News
Wood secures North Sea decarbonisation contract from TotalEnergies
Wood has secured a new decarbonisation contract from TotalEnergies to support flare gas recovery efforts in the UK North Sea.