NNPCL has launched exports of its new light and sweet Cawthorne crude grade with a 950,000-barrel cargo bound for the Netherlands.
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Equinor will supply natural gas to Eneco in the Netherlands under a five-year deal, with guarantees of origin via the Attributes…
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Abdullah Al Hammasi of Oman Oil Industries Supplies & Services talks about plans to scale up in-country manufacturing…
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SABIC has sold its petrochemicals and thermoplastics units to European investors for USD 950 million in a strategic reshuffling of its portfolio.
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Food services giant Newrest has reported more than €3.3 billion in 2024-25 global revenue.
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TotalEnergies has acquired 50% of EPH’s flexible generation portfolio to expand gas-to-power operations in Europe.
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The IFC has approved an investment of up to USD 250 million to support a polysilicon plant in Oman.
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Shell plans on liquidating USD 30 billion in assets in up to 10 countries by 2018, Simon Henry, Shell’s chief financial officer, said at a presentation in London on…
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ExxonMobil on Tuesday started production in the Gulf of Mexico’s Julia field. One production well is now on line, with a second well soon to follow. Drilling work on…
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The first US cargo of offshore oil has been exported, ExxonMobil said on Thursday. Sourced from well tests on the Gulf of Mexico’s Julia project, carried out with…
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The National Bank of Kazakhstan on Wednesday reported data on foreign direct investment (FDI) in oil and gas for the January-September 2015 period, revealing a 72.7%…
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Shell has passed fellow super-major Chevron to become the second-biggest non-state oil company after merging with BG Group on Monday.
The merger was launched in…
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A vehicle to help international investors reach a settlement with state-owned Petrobras was set up in the Netherlands today.
Dubbed the Petrobras Compensation…
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Oil trader Vitol confirmed over the weekend that it had purchased a batch of Iranian crude, with company CEO Ian Taylor commenting to Bloomberg that it was “very much…
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ExxonMobil 2015 profits slid by 50% from the previous year’s USD 32.5 billion to USD 16.2 billion as its US upstream segments depreciate due to the low price of oil,…
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Shell shareholders gave the thumbs up for a USD 50-billion acquisition of the UK’s BG Group at a meeting in The Hague on Wednesday.
In the largest energy merger to…
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Shell expects Q4 2015 profits to be up to 50% lower than 2014 with full year write-offs of USD 7 billion, the super-major stated Wednesday in its first preliminary…
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