The supermarket has made a commitment to invest £1bn over the next 20 years to reach the goal.
Read More »Global Ethylene Capacity Additions Led by ExxonMobil
ExxonMobil is set to have large ethylene capacity additions primarily in China and the US.
Read More »As Shale Investors Fade. EnCap Taps $6 Billion War Chest to Keep Drilling
EnCap Investments LP plans to use a $6 billion war chest to drill oil and natural gas wells. now that dwindling investor interest has made it tougher for private equity players to offload shale assets.
Read More »Offshore Aviation Heavyweights Bristow. Era Merge
Offshore aviation transportation companies Bristow Group and Era Group announced that they entered into a definitive agreement to combine the two companies.
Read More »Exxon Looks to Divest UK. German Upstream Assets
Exxon Mobil plans to start gauging buyer interest in its UK and German upstream operations in the coming weeks as the oil major continues.
Read More »Iran’s Petropars Developing South Pars Gas Field after Withdrawal of Foreign Companies
The offshore field. which Iran calls South Pars and Qatar calls North Field. is shared between Iran and Qatar.
Read More »Amazon. IKEA. DHL and Siemens Among Major Firms to Join New EV Alliance
Led by US-based sustainability organisation Ceres. the Corporate Electric Vehicle Alliance will work to expand the EV market and help encourage global adoption of cleaner transport solutions.
Read More »Novatek will Launch Fourth Train of Yamal LNG Plant in First Half of 2020
In 2023 the Novatek CEO also plans to launch the first train of Arctic LNG 2.
Read More »BP Pulls out of Iraq’s Kirkuk Oilfield as Studies Disappoint
BP provided technical assistance to Iraqi state-held North Oil Company to help it with the redevelopment of the Kirkuk field.
Read More »Maersk Drilling wins contract extension for low-emissions rig offshore Norway
Maersk Drilling has secured a two-well contract extension from Aker BP for the ultra-harsh environment. low-emission jack-up rig Maersk Integrator.
Read More »