Companies

Russian energy giant Gazprom’s output rose significantly from January through May compared to the same period last year, the company said on Tuesday. “For the first five months of 2021, production amounted to 221.9 billion cubic meters of gas, according to preliminary data,” Gazprom said on Telegram, adding: “This is …

At the Ordinary and Extraordinary Shareholders’ Meeting, shareholders approved on Sunday, almost unanimously, the resolution to change the company’s name from Total to TotalEnergies, thereby anchoring its strategic transformation into a broad energy company in its identity. In tandem with this name change, TotalEnergies is adopting a new visual identity. …

Steel giant ArcelorMittal Nippon Steel (AMNS) has signed with France’s Total for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year to run its steel and power plants located in Hazira, Gujarat state. The LNG will be sourced from Total’s global portfolio and offloaded either …

As Aramco, Siemens Energy and the World Economic Forum state they will be launching a joint report on cyber resilience, Siemens also announces its cybersecurity collaboration with ServiceNow to help energy companies track and respond to cyber threats. After this month’s Colonial Pipeline cyber-attack, which held the energy firm at …

Global technology major Siemens Energy, in collaboration with Dubai Electricity and Water Authority (Dewa) and Expo 2020 Dubai, has announced the opening of the first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa region. Located at Dewa’s Outdoor Testing Facility of the Research and Development …

BP Plc has started a recruitment campaign for the people who will drive its expanding clean energy ambitions. The London-based oil and gas company is looking to fill 100 offshore-wind jobs in the U.K. and the U.S., a figure which could double by the end of the year. The recruitment …

Oil giants Eni and BP have entered into a non-binding memorandum of understanding (MoU) to progress detailed discussions on combining their upstream portfolios in Angola, including all their oil, gas, and LNG interests in the country. The companies believe that combining their efforts in a new joint venture company would …

BP is in advanced talks to sell its 28 per cent interest in the Shearwater field in the UK North Sea to Tailwind Energy, an explorer backed by trading house Mercuria Energy Group, people familiar with the matter said. The companies may reach an agreement in the coming days, sources …

Higher oil prices this year are helping Saudi Arabia to reduce its budget deficit which soared with the oil price collapse last year. But the Kingdom and its de facto ruler, Crown Prince Mohammed bin Salman, need more than oil revenues to continue carrying out the ambitious Vision 2030 plan …

GE Renewable Energy and Toshiba Energy Systems and Solutions have signed a strategic partnership to localize critical phases of the manufacturing process of GE’s Haliade-X offshore wind turbine and to support its commercialization. Based on the long-lasting relationship between GE and Toshiba in Japan and beyond, this strategic agreement will …