International

Qatar signs 27-year gas supply deal with Italy’s Eni

State-owned QatarEnergy said on Monday it would supply Eni with gas for 27 years, following similar deals this month to supply the Netherlands via Shell and France through TotalEnergies.

ExxonMobil agrees to buy shale rival Pioneer in $60 billion deal

ExxonMobil has agreed to buy Pioneer Natural Resources, a major shale oil producer in the deal that will more than double Exxon footprint in the Permian Basin in the Southwest United States.

ADNOC Gas inks $450-$550m LNG supply deal with PetroChina International Co.

In a bid to ensure reliable supply to its customers, Abu Dhabi National Oil Co. Gas has signed an agreement, valued between $450 million and $550 million, to supply liquefied natural gas to PetroChina International Co.

Lebanon: TotalEnergies launches exploration activities on Block 9

TotalEnergies, and its partners Eni and QatarEnergy, launched today the exploration activities on Block 9 in Lebanon, with a visit to the Transocean Barents drilling rig

Japan, Iraq sign $1.4bln loan agreement for Basrah Refinery Upgrading Project

Project aims to increase Iraq capacity for producing oil products by installing a new FCC complex

ADNOC Gas signs 5-year LNG supply agreement with Japan Petroleum Exploration Co. Ltd.

Agreement builds on the long-standing energy partnership between the UAE and Japan, and underscores the Company growing global presence, particularly in the Asian LNG market Natural gas plays a crucial role as a transitional fuel with lower carbon emissions compared to other fossil fuels

Wintershall Dea awarded first CCS Licence in the United Kingdom

Wintershall Dea is intensifying its carbon capture and storage (CCS) activities in the Southern North Sea. The company has been awarded a new licence by the North Sea Transition Authority (NSTA) to store CO2 under the seabed.

Saudi Aramco Q2 profits drop 38% on lower prices: statement

The decrease mainly reflected the impact of lower crude oil prices and weakening refining and chemicals margins, the largely state-owned company said