Oil major

Record Profits Could Convince Oil Majors to Hike Dividends
Strong up-and-downstream performance make for strong big oil earnings expectations.
Oil Shale
Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion
U.S. oil major Exxon Mobil Corp and Imperial Oil Ltd said on Tuesday they will sell their Montney and Duvernay shale oil and gas assets in Canada to Whitecap Re…
CCS
Shell to Build Ships to Carry More CO2 Over Longer Distances for CCS Hubs
Shell is building larger vessels that can carry more carbon dioxide over longer distances as part of the company's plans to expand its carbon capture storage (C…
Offshore Wind Power
BP Bids for Two Dutch Offshore Wind Power Leases
Oil major BP has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company increases its focus on renewab…
Oil Price
Equinor Sells Stakes in 2 Norway Fields to Sval Energi
Norwegian oil major Equinor said on Tuesday it had agreed to sell its 7.6% stake in Norway's giant Ekofisk field as well as a 19% stake in the Martin Linge fiel…
Oil & Gas Trade
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr…
Oil&Gas Drilling
Shell Gets Closer to Drilling North Sea Gas Target This Year
Oil major Shell and its London-based partner Deltic Energy are planning to drill an exploration well on the Pensacola gas prospect in the UK sector of the North…
Brazil
Shell and TotalEnergies Win Fresh Exploration Blocks Offshore Brazil
Oil majors Shell and TotalEnergies have secured six and two offshore exploration blocks, respectively, in the Santos basin offshore Brazil as part of the countr…
United States
Shell Fires up Olympus Tie-Back in Gulf of Mexico
Oil major Shell has kicked off production from a deepwater tie-back to its Olympus production hub, unlocking further value in the U.S. Gulf of Mexico.
Natural Gas
Shell Sorry for Buying Russian Crude
Oil major Shell on Tuesday apologised for buying a cargo of Russian crude oil last week, a decision which was made with the security of supplies in mind and gui…
Crude Oil
Shell Defends Decision to Buy Discounted Oil From Russia
Oil major Shell has sought to defend its decision to buy a heavily-discounted consignment of oil from Russia, saying it would commit the profits to a fund dedic…
Oil & Gas Supply
IOC to Ramp up LPG Output in NE by 53% to 8 Crore Cylinders by 2030
The oil major plans to add three new plants in the Northeast.
Crude Oil
After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’
Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…
Oil & Gas Trade
Iraq Starts Talks with Halliburton on Anbar Gas Project
Iraq has begun negotiations with the US oil major Halliburton to develop a crutch gas field in Anbar governorate, looking to increase its hydrocarbons output as…
CCS
Eni Signs up for Carbon Capture Deal
Oil major Eni UK has announced the signing of 19 Memorandums of Understanding (MoUs) with companies interested in having their emissions captured, transported a…

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Oil major

Record Profits Could Convince Oil Majors to Hike Dividends

Exxon, Imperial to Sell Canada Shale Assets to Whitecap for $1.5 Billion

Shell to Build Ships to Carry More CO2 Over Longer Distances for CCS Hubs

BP Bids for Two Dutch Offshore Wind Power Leases

Equinor Sells Stakes in 2 Norway Fields to Sval Energi

Shell’s Profit Soars on Higher Oil and Gas Prices

Shell Gets Closer to Drilling North Sea Gas Target This Year

Shell and TotalEnergies Win Fresh Exploration Blocks Offshore Brazil

Shell Fires up Olympus Tie-Back in Gulf of Mexico

Shell Sorry for Buying Russian Crude

Shell Defends Decision to Buy Discounted Oil From Russia

IOC to Ramp up LPG Output in NE by 53% to 8 Crore Cylinders by 2030

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Iraq Starts Talks with Halliburton on Anbar Gas Project

Eni Signs up for Carbon Capture Deal