Companies

Gas Transport System Operator of Ukraine, or GTSOU, has accepted a nomination from Russia’s Gazprom today to transport 40.2 million cubic meters of gas through the country, up from 40 mcm on Sunday, data from GTSOU show. Capacity was requested only through one of two entry points into Ukraine’s Gas …

Saudi Aramco said on Friday it had completed the purchase of a 10% stake in a Chinese petrochemical firm for the equivalent of $3.4 billion as the Saudi oil giant continues to expand its downstream footprint in one of its key export markets. Aramco successfully closed the acquisition of a …

QatarEnergy has signed a long-term condensate supply agreement with the Dubai-based ENOC Group, it said recently. Under the 10-year sales agreement, QatarEnergy will supply up to 120 million barrels of condensates to ENOC starting July. The deal was by QatarEnergy, for and on behalf of Qatar Petroleum for the Sale …

QatarEnergy’s net income rose 58% in 2022 to reach 154.6 billion riyals ($42.4 billion) on surging international energy prices, according to latest reported data. Russia’s invasion of Ukraine in February last year sparked supply fears among European consumers reliant on Moscow for pipeline gas, driving prices to record highs. As …

ADNOC today announced that it has begun construction on the Middle East’s first high-speed hydrogen refueling station. The station, which is being built in Masdar City by ADNOC, will create clean hydrogen from water, using an electrolyser powered by clean grid electricity. Hydrogen, which creates no carbon dioxide (CO2) emissions …

The Director General for Studies and Planning at the Iraqi Oil Ministry, Naseer Aziz Jabbar, explained on Monday that energy projects carried out by TotalEnergies in Iraq will be completed in 2028 and 2029, the Iraqi News Agency (INA) reported. TotalEnergies signed last week a $27 billion energy deal expected …

Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said. The UK energy giant is working with advisers to study a range of possibilities that could also include separating the business into a more …

A number of agreements were signed to strengthen the partnership between Sonatrach and TotalEnergies in the production of natural gas, the delivery of liquefied natural gas (LNG) to Europe, and the advancement of renewable energy in Algeria during a meeting held on July 10, in Algiers. Under a first agreement, …

Shell Plc’s earnings from natural gas trading will be significantly lower in the second quarter, due to seasonal shifts in the market. Oil and gas production will also be down compared with the first three months of the year due to field maintenance, while the company’s chemicals business is expected …

TotalEnergies’ Senior Vice President Africa, Exploration and Production, Henri-Max Ndong Nzue said Monday that his company will drill a crude oil exploration well in the Republic of Congo. Nzue was speaking to members of the press after a meeting with Congolese President Denis Sassou N’Guesso. “Looking ahead, we have an …