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Oil giant
Oil & Gas Trade
Is Saudi Arabia Restarting The Oil War?
Saudi Arabia’s oil giant Aramco has just announced the pricing for its oil for May, with deeper discounts for customers in Asia for the second month in a row, …
Oil Price
Saudi Arabia Cuts May Crude Prices to Asia by $4.2 Per Barrel
Saudi Arabia's state oil giant Aramco has set the May price for its Arab light crude oil to Asia at a discount of $7.3 to the Oman/Dubai average.
Offshore Wind Power
France Oil Giant Total Enters Floating Offshore Wind Sector with UK Acquisition
French oil and gas major Total has acquired an 80% stake in the 96MW Erebus floating offshore wind projected to be built off the coast of Wales in the Celtic Se…
Energy Transition
How French Oil Giant Total is Increasing its Clean Energy Portfolio
Total’s gross low-carbon power generation capacity is currently close to 7GW. French oil giant Total has been increasing its clean energy portfolio as part of …
Solar Power Panel
Europe Puts Focus On Floating Solar & Agrivoltaics
Norwegian oil giant Equinor is partnering with Saipem, an Italian oil and gas contractor which is 30% owned by Italian energy company Eni. Together, they will j…
Offshore Wind Power
Oil Giant Total Dives into Offshore Wind with 'World's Biggest' Floating Array
French oil supermajor Total is set to make its debut in the floating wind sector with what could be the world’s biggest array, a near-100MW project being devel…
Oil giant Saudi Aramco Sees 2019 Profits Drop 20% to $88.2B
Oil giant Saudi Aramco said Sunday its profits dropped 20% in 2019 to $88.2 billion, a sharp decline coming as the kingdom stands ready to flood an already-weak…
BP Exits Hat-Trick of US Trade Associations Over Climate Policies
Oil giant BP has announced that it will exit three US trade associations after a climate review.
Oil & Gas Trade
US Slaps Sanctions on Russian Oil Company Trading with Venezuela
The Trump administration Tuesday imposed economic sanctions on Rosneft Trading SA, a Geneva-based subsidiary of Russia’s state-owned oil giant, charging it wit…
US Takes Aim at Russian Oil Giant Rosneft to Press Venezuela
The United States on Tuesday imposed sanctions against a subsidiary of Russian state-controlled oil giant Rosneft over its key role in Venezuela, stepping up in…
How China's oil giants are contributing to anti-virus efforts
People would have never associated China's oil giants with masks without the epidemic, said a vice-chairman of the country's state assets regulator on Tuesday.
Carbon Neutral
Can BP Become Carbon Neutral?
BP’s new chief executive Bernard Looney outlined an ambitious new objective on Wednesday to make the oil giant carbon-neutral by 2050 - the most exacting susta…
LNG
Nigeria Inks Major LNG Deals with Global Oil Giants
Nigeria has signed a major gas expansion deal, a much-needed collaboration with oil majors that Nigeria LNG said would boost its liquefied natural gas output by…
Solar Power Plant
Oil Giant Total Links with Finance Group for Wind and Solar
Total sold a half share in a French onshore wind and solar portfolio to finance group Banque des Territoires, in a deal the oil and gas major said creates a bas…
Solar Company
Shell Snaps up Esco Pacific in Major Push into Big Solar in Australia
Oil giant Royal Dutch Shell has snapped up a near half share in one of the biggest solar developers in Australia as part of a major push to expand its large-sca…
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