Saturday, 5 April 2025

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SBM Offshore completes US$1.5 billion financing of Jaguar

Amsterdam, November 21, 2024 SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion.  The...

FILE PHOTO: The logo of American multinational oil and gas corporation ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
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Exxon goes forward with $200-million expansion of Texas plants

California filed a lawsuit against Exxon alleging the company was deliberately misleading the public about the limitations of recycling.

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Clean Hydrogen Works Awards McDermott FEED Contract for Ascension Clean Energy (ACE) Project

THE WOODLANDS, Texas, & HOUSTON--(BUSINESS WIRE)--Clean Hydrogen Works (CHW) and McDermott announce that CHW has awarded McDermott the front-end engineering and design (FEED)...

A view shows the ExxonMobil oil refinery in Port-Jerome-sur-Seine, France.
BiofuelsEmissionsNatural GasNewsOilSustainable Aviation Fuel

Oil majors are betting big on biofuels with over 40 projects by 2030, Rystad says

Major oil and gas companies plan 43 biofuel projects by 2030, boosting SAF production to cut emissions.

FILE PHOTO: The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020.   REUTERS/Kim Hong-Ji/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)NewsSemiconductor

Exxon Mobil signs non-binding lithium supply deal with LG Chem

Exxon signs non-binding deal to supply LG Chem with lithium from its Arkansas project, advancing U.S. EV battery supply chain ambitions.

The illuminated BP logo shines brightly at a gas station during the night.
BiofuelsBusinessElectricityEmissionsHydrogenNatural GasNewsOffshore WindOilSolarWind

European oil giants step back from renewables path

European oil giants, including BP, cut back on low-carbon power and refocus on oil, gas to revive investor confidence.

FILE PHOTO: The Imperal Oil refinery is seen in an aerial photograph taken along the St. Clair River, one of many facilities in Canada's "Chemical Valley" in Sarnia, Ontario, Canada November 3, 2021. REUTERS/Nick Iwanyshyn/File Photo
BusinessEmissionsEnvironmentIndigenousLegislationNewsOilRegulations

Imperial Oil fined for 2021 slop oil spill

Ontario has fined Imperial Oil C$900,000 for a slop oil leak into a tank containment area at its Sarnia site in 2021 that...

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EzFill Announces 2024 Third Quarter Financial Results

-- Revenue Increased 13% Year Over Year to $7.0 Million From $6.2 Million -- -- Gross Profit Increased 74% From The Prior Year...

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SBM Offshore Third Quarter 2024 Trading Update

Amsterdam, November 14, 2024 Highlights FPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO Liza Destiny on track for sale before year-endTotalEnergies contract award...

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Evolution Petroleum Reports First Quarter Fiscal 2025 Results and Declares Quarterly Cash Dividend for the Fiscal 2025 Second Quarter

– Fiscal Q1 Revenues Up 6% Y/Y to $21.9 Million, Driven by Record Oil Production – – Fiscal Q1 Net Income Increases to...

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