One of Exxon Mobil Corp.‘s largest shareholders. Legal &. General Group Plc. has divested 19 of its funds from the company and will ask its clients if it can withdraw more money. saying the oil and gas producer isn’t adequately addressing climate change.
Read More »Anadarko Authorizes $20bn Mozambique LNG Project as Planned
Anadarko Petroleum authorised the roughly $20 billion Mozambique liquefied natural gas export project on Tuesday at a celebratory event in the eastern African nation.
Read More »Brent Bravo Platform Removed from North Sea by Pioneering Spirit
Shell’s Brent Bravo platform has been removed from the North Sea by Allseas’ heavy lift and pipelay vessel Pioneering Spirit.
Read More »BP and Japan’s ITOCHU Among New Firms Joining Hydrogen Council
That brings the total number of companies to 60. collectively representing more than €2.6tn in revenues.
Read More »Inpex Agrees on Framework for $20-Billion Indonesian LNG Project
Japan’s Inpex Corp. agreed on a framework with Indonesia for the $20-billion Abadi liquefied natural gas project. a key step toward reaching final investment for one of the world’s biggest export ventures.
Read More »OPEC should Raise Oil Output
Iraq’s government is expected to launch a tender to develop the field this year.
Read More »Schulich Buys 5% of MEG Energy Despite Canadian Energy Concerns
Schulich bought about 5% of MEG Energy for the first time in the last couple of weeks. underscoring his bullish view on energy despite his concerns that Canada is squandering its resource legacy.
Read More »Danos Provides Integrated Operations for Shell`s Enchilada
Danos has been awarded multiple contracts with Shell Exploration and Production Company. a subsidiary of Royal Dutch Shell plc. to provide integrated operations on its Enchilada platform.
Read More »U.S. Blames Iran for Oil Tanker Attacks as Gulf Tensions Climb
The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf. escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.
Read More »Shell Ships First LNG Cargo from Prelude FLNG. Offshore Australia
Shell announced that the first shipment of liquefied natural gas has sailed from the company’s Prelude floating liquefied natural gas (FLNG) facility.
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