Possible Eni Will Take Chevron IDD Stake in Mid-2023
The Indonesia Deepwater Development gas project, located in the Makassar Strait, involves the Bangka, Gendalo and Gehem gas fields.
Global Carbon Markets Value Hit Record $909 B Last Year
Meant to limit greenhouse gas emissions, carbon permits' values have been driven by energy prices surge and EU reforms.
Japan's Osaka Gas Posts 9-month $10 Million Loss on Freeport LNG Project
Osaka Gas' losses are at 125.8 billion yen due to the higher costs of buying alternative supply amidst the continued shutdown of Freeport LNG.
Russia Fuel Oil Heading East as EU Embargo Takes Hold
Traders have diverted oil cargoes to Asia and the Middle East in the wake of the EU's full embargo of Russian oil products, which went into effect on Feb. 5.
Energy Transition in Motion (Week of Feb. 3, 2023): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news, including a hydrogen partnership between Exxon Mobil and Technip Energies and a ramp up in production from green hydrogen producer Linde Plc.
BP, Chubu to Study CCS Project at Nagoya in Broad Tie-up in Asia
BP and Chubu Electric Power will explore the possibility of collecting CO2 from major Nagoya emitters and transporting it to storage sites.
Japan's Eneos Opens Green Hydrogen Test Plant in Australia
Japan's Eneos Corp. will have the capacity to produce 20 km of green hydrogen a day using Direct MCH technology.
Indian State Oil Companies to Spend $13 Billion in Fiscal 2024
Nearly half of overall expenditure would be for refineries expansion and upgrades.
Japan's Inpex Quits US Tight Oil Development
Inpex has held assets in the Eagle Ford shale since 2019 but has sold them to Spanish energy company Repsol.
Activist Group Accuses Shell of Misleading Investors on Renewables
Like other leading European energy companies, Shell is aiming for rapid expansion of its low-carbon and renewables business as part of efforts to reduce greenhouse gas emissions over the coming decades.