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Oil company
Crude Oil
Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl…
LNG
China CNOOC to Add Giant New Tanks at LNG Terminal by End-2023
China National Offshore Oil Company, or CNOOC, aims to complete by the end of 2023 a project to install the world's largest storage tanks at a liquefied natural…
Sumitomo Electric Secures US$200M Worth 400 kV High-Voltage Direct Current Submarine Cable Project in UAE
Sumitomo Electric Industries, Ltd. has received a limited notice to proceed (LNTP) from Samsung C&T Corporation to deliver a high-voltage direct current (HVDC) …
LNG
Ghana Plans to Become West Africa’s Gas Hub with Import Terminal
Ghana’s state-owned oil company is progressing with plans to sell liquefied natural gas throughout West Africa after shipments of the fuel begin to flow to an …
South Korea
Saudi Aramco Signs 10 Agreements with South Korean Companies to Advance Co-Operation
State-owned oil company signed one deal and nine preliminary agreements with South Korean companies
Oil Refinery
Mexico’s Pemex Secures $500m in New Funding to Help It Take Over Texas Refinery
The acquisition would secure critical fuel supplies for the state oil company
Solar Power Plant
Eni Reaches Investment Decision on 50MW Solar Project in Angola
Solenova, a joint venture between Italian energy company Eni and Angolan oil company Sonangol, has reached a Final Investment Decision and signed a contract for…
Hydrogen Project
Aramco Unveils Major Hydrogen Partnerships with Gaussin and Air Liquide
Saudi Arabian oil company Aramco has unveiled two agreements with French-based Air Liquide and Gaussin that will see the companies explore hydrogen technologies…
Oil Field
Aramco awards $10B in Contracts for Vast Jafurah Shale Gas Field Development
In late November, the Saudi Arabian Oil Company announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas …
Natural Gas
Hyundai Engineering Consortium Wins KRW2tr Gas Plant Project in Saudi Arabia
Hyundai Engineering announced on Nov. 30 that it has won a super-large gas plant construction project worth about 2 trillion won from Saudi Arabia’s state-run …
Hydrogen Project
Khaled bin Mohamed bin Zayed Launches Global Green Energy Venture to Position UAE at Forefront of Energy Transition
H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and Chairman of the E…
Oil Shale
Petrobras Sells Shale Oil Unit to Canadian Bank
Brazil's state-run oil company Petrobras signed a contract to sell its Shale Industrialization Unit for $33 million to Forbes & Manhattan Resources
Solar Power Plant
Colombia’s Largest PV Plant Comes Online
The 61 MW solar facility is owned by Colombian oil company Ecopetrol.
Oil Field
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…
Hydrogen Technology
Rosneft, ExxonMobil to Explore Low Carbon Technologies such as Hydrogen
Russian oil company Rosneft has teamed up with ExxonMobil to explore low-carbon technologies such as hydrogen as a means to reduce its greenhouse gas emissions.
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