Companies

QatarEnergy has signed an agreement with ExxonMobil to farm into an exploration license offshore the province of Newfoundland and Labrador in Canada, it said on October 24. The transaction has received all necessary consents from the Canada- Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB). According to the agreement, QatarEnergy will …

BP has signed a sales and purchase agreement with a unit of China’s Shenzhen Gas Group Co Ltd to supply piped natural gas for 10 years starting 2023, BP said in a statement on Wednesday. Under the agreement, BP will provide Shenzhen Sino-Benny LPG Co Ltd, a wholly-owned unit of …

QatarEnergy and Shell have signed an agreement to pursue joint investments in blue and green hydrogen projects in the UK, the Qatari state-run company said on October 19. “The partners will target integrated and scalable opportunities in key sectors where hydrogen could help decarbonise, especially around industrial cluster development and …

Huawei Digital Power has signed a key contract with SEPCOIII for the Red Sea Project with 400 MW PV plus 1300 MWh battery energy storage solution (BESS), which is currently the world’s largest energy storage project. The contract was announced at the Global Digital Power Summit 2021 in Dubai, UAE. …

Eni has launched the production of alternative sustainable aviation fuel (SAF) that aims to significantly contribute to the decarbonisation of aviation in the short to medium term. Eni SAFs are produced exclusively from waste and residues, in line with the company’s strategic decision not to use palm oil from 2023. …

Russia’s gas giant Gazprom could increase production capacity if it sees higher demand for volumes under long-term supply contracts from Europe, Russian Deputy Prime Minister Alexander Novak said on Friday. Speaking about Gazprom’s production facilities and deliveries to Europe in September, Novak told Russian news outlet Business FM that production …

Russian gas giant, Gazprom, said it signed an agreement with Russian “of intent on hydrogen energy” aimed at technologies for hydrogen production with natural gas processing. “Alexander Novak, Deputy Prime Minister of the Russian Federation, and Oleg Aksyutin, Deputy Chairman of the Management Committee – Head of Department at Gazprom, …

In a press conference, the Minister of State for Energy Affairs and QatarEnergy’s CEO Saad Sherida al-Kaabi revealed the brand name and the logo. Al-Kaabi said: • This follows a historic evolution that saw Qatar Petroleum Company (QPC) transform into Qatar General Petroleum Corporation (QGPC), then becoming Qatar Petroleum (QP), …

Chevron Corp on Monday set a target to cut certain types of upstream gas emissions to net zero by 2050, joining a list of energy companies taking steps to reduce their carbon footprint. The move to cut upstream scope 1 and 2 gas emissions comes amid rising pressure on energy …

The director of public relations at the Italian oil giant, Eni, said Libya could achieve a threefold increase of gas. The PR director said at the 10th edition of Shared Awareness and Conflict Resolution in the Mediterranean Conference, organized by EU Operation IRINI, that Eni wasn’t harmed in the last …