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Oil giant

Saudi Aramco Targets Sale of 0.5% of Oil Firm to Retail Investors in IPO
Saudi Aramco is looking to sell up to 0.5% of the state oil giant to retail investors in its planned initial public offering (IPO), three sources familiar with …
Shell Closes in on Takeover Deal for Australian Energy Supplier ERM Power
Oil giant makes first foray into Australia's competitive power market as it continues drive into consumer energy supply, renewables, and clean technologies
Electric Vehicle Charging
BP to Layout 400 Ultra-Fast EV Charging-Points Across The UK
Oil giant BP has announced the start of its rollout of 400 ultra-fast electric vehicle (EV) charging-points across the UK. The firm will launch the network thou…
Brazilian Oil Giant Petrobras Scrap Plans to Invest in Renewable Energy Projects
Brazil's state-controlled oil company Petrobras will scrap plans to invest in renewable energy projects, but says it will continue research and development proj…
Total Sells Pipeline Stake to Pisto SAS for £240 Million
Oil giant Total has signed an agreement to sell a 30% interest in a French pipeline. The Societe des Transports Petroliers par Pipelines to Pisto SAS for almost…
Oil & Gas Trade
BP Said "Certainly Not Sending British Ships and Crews" Through the Strait of Hormuz
BP plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding …
BP Announces "Major Expansion" into Renewables with New Bioenergy Firm
Oil giant BP has announced its “major expansion” into the renewable energy marketplace with a new partnership in the biopower sector.The firm has formed a 50/…
Oil&Gas Drilling
Chinese Oil Giants Fast-Track Investments to Boost Domestic Output
Will increasing capital spending by the Chinese companies be a winning bet and generate profitable returns, considering the soaring development costs in China’…
Offshore Wind Power
Oil Giant BP Eyes US for Offshore Wind Market Debut
Oil and gas supermajor BP this week held talks with offshore wind industry players ahead of a potential entry to the sector, with the US market its favoured opt…

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