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Shell starts up new facility in UK North Sea, restoring production from the Penguins field

Shell starts up new facility in UK North Sea, restoring production from the Penguins field

Shell has resumed production at the Penguins field in the UK North Sea using a modern floating production, storage, and...

Repsol boosts its digital strategy through collaboration with Accenture to adopt AI agents

Repsol boosts its digital strategy through collaboration with Accenture to adopt AI agents

Repsol forges ahead with Accenture to amplify its digital ambitions, streamlining processes through the strategic deployment of...

McDermott Opens World-Class Welding and Technology Center in Dubai

McDermott Opens World-Class Welding and Technology Center in Dubai

McDermott has inaugurated a state-of-the-art Welding and Technology Center of Excellence dedicated to research, development, and...

Hapag-Lloyd concludes green financing of its 24 new container ships

Hapag-Lloyd concludes green financing of its 24 new container ships

Hapag-Lloyd is leveraging sustainable financing for its fleet expansion 2024. The incoming vessels will boast a total capacity...

Repsol will invest more than €800 million in the Tarragona Ecoplant, a pioneering project in Europe to produce renewable methanol

Repsol will invest more than €800 million in the Tarragona Ecoplant, a pioneering project in Europe to produce renewable methanol

Repsol's Board of Directors has approved the investment in the Ecoplant, a groundbreaking project in Europe designed to convert...

Repsol reaches 600 service stations serving 100% renewable fuels

Repsol reaches 600 service stations serving 100% renewable fuels

Repsol has achieved a major milestone with its 100% renewable diesel launch at a service station in Cantabria, Spain, propelling...

Petrofac selected by ADNOC Gas for US$330 million Habshan Project

Petrofac selected by ADNOC Gas for US$330 million Habshan Project

Petrofac will expand its operations at the world's largest gas processing plant after securing a major contract from ADNOC Gas,...

SLB awarded multi-region deepwater contracts by Shell to support capital-efficient energy development

SLB awarded multi-region deepwater contracts by Shell to support capital-efficient energy development

Global energy technology firm SLB has secured several significant drilling contracts from Shell to advance cost-efficient energy...

Eni successfully launches two euro-denominated hybrid bonds.

Eni successfully launches two euro-denominated hybrid bonds.

Eni S.p.A. ("Eni") has successfully issued two new perpetual hybrid subordinated bonds with a combined nominal value of €1.5...

CSPC, a Shell-CNOOC joint venture, invests in petrochemical complex expansion in China

CSPC, a Shell-CNOOC joint venture, invests in petrochemical complex expansion in China

CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals...

brightmark RNG holdings achieves landmark first gas milestone at 10 midwest RNG projects

brightmark RNG holdings achieves landmark first gas milestone at 10 midwest RNG projects

Brightmark RNG Holdings LLC has successfully launched a major milestone, delivering the first gas at 10 renewable natural gas...

ExxonMobil Baton Rouge named Large Manufacturer of the Year by The Louisiana Association of Business and Industry (LABI)

ExxonMobil Baton Rouge named Large Manufacturer of the Year by The Louisiana Association of Business and Industry (LABI)

ExxonMobil has been honored as the 2024 Large Manufacturer of the Year by the Louisiana Association of Business and Industry...

CNOOC starts production at Dongfang 29-1 gas field development project

CNOOC starts production at Dongfang 29-1 gas field development project

CNOOC has starts production at the Dongfang 29-1 gas field development project in China's South Sea, marking a significant step...

PETRONAS Partnership Poised to Unlock Malay Basin's Full Potential

PETRONAS Partnership Poised to Unlock Malay Basin's Full Potential

PETRONAS and Beicip Franlab Asia have launched a groundbreaking Integrated Basin Study in the Malay Basin, located off...

Maersk is focusing on the expanding India-US trade and has included a stop at Mundra in its MECL1 service.

Maersk is focusing on the expanding India-US trade and has included a stop at Mundra in its MECL1 service.

Maersk is aiming to increase its share of the high-potential India-US market, spurred by trade diversification across Asia. The...

BP plans to reduce costs by eliminating 4,700 employee positions and 3,000 contractor roles.

BP plans to reduce costs by eliminating 4,700 employee positions and 3,000 contractor roles.

BP is reducing its workforce by 4,700 positions, which is about 5% of its total staff, along with cutting more than 3,000...

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