Earlier this week, reports emerged that Chevron was negotiating LNG deliveries for the European Union, looking at contract terms of 15 years.
Some of the world’s largest national oil companies (NOCs) have improved significantly their resilience to oil price slumps in the near future thanks to huge cash flows and profits in the past two years. But many of those companies face challenges in sustainability and ESG metrics due to governance issues, disclosures, and the lack of Scope 3 emission targets.
If there was any doubt left in your mind whether or not the oil and gas industry is literally running like greased lightning nowadays, it has been reported that ExxonMobil is still seeking out new M&A opportunities – even after the firm’s massive $60 billion acquisition of Pioneer.
Kaduna refinery begins operations Q4 2024 – FG
29th October 2023
Kaduna Refinery
By
Okechukwu Nnodim
The Kaduna Refinery and Petrochemicals Company Limited will be back on stream by the end of 2024, the Federal Government announced on Saturday.
The Senate noted that the PIA implementation had yet to produced any workable coordination or clearing house by which NNPCL, regulators and oil producing companies, coordinate to ensure vital petroleum sector changes.
The Senate noted that the PIA implementation had yet to produced any workable coordination or clearing house by which NNPCL, regulators and oil producing companies, coordinate to ensure vital petroleum sector changes.
Oil and gas markets are set for another volatile week of trading after Israel began its long-anticipated ground invasion of Gaza.
In hosting its third Belt and Road Initiative Forum on Tuesday and Wednesday of this week, China is welcoming representatives from around 130 countries for a diplomatic event focused on Xi Jinping’s now ten-year-old signature policy.
Iran is calling for an oil embargo on Israel over the latest deadly air strikes on the Gaza Strip amid growing tensions in the Middle East just as U.S. President Joe Biden arrived in Israel.
Mergers in the U.S. shale patch have continued through the course of 2023 as companies jockey for assets that will fill in gaps in their acreage base. Two key basins have been the focus of much of this activity. I refer to the Permian Basin and the Eagle Ford, each of which has attributes that draw the interested eyes of companies with strong balance sheets and cash to spend.