Economics
Woodside, Santos scrap talks on $52-B merger
Australia's Woodside Energy and Santos said they had ended talks to create a possible $52-B global oil and gas giant, and Santos flagged it would look for other ways to bolster its value.
Exxon raises Guyana's oil production to about 645,000 bpd
A consortium led by Exxon Mobil Corp which controls all oil production in Guyana is pumping about 645,000 bpd in the South American country, up from about 400,000 bpd in late 2023.
Belgium could pass law targeting export fuel quality in late March
The Belgian government aims to pass a law tightening the quality of exported fuels in the second half of March as it targets a profitable trade of lower-quality gasoline and diesel from Northern Europe to West Africa.
Amelia to power all of their flights from Amsterdam Airport Schiphol with blended Neste MY Sustainable Aviation Fuel
Neste and Amelia, a French regional airline, have closed an agreement for the supply of blended Neste MY Sustainable Aviation Fuel.
Technip Energies Norwegian entity KANFA awarded Carbon Centric’s first carbon capture project in Norway
Technip Energies, through its Norwegian entity KANFA, together with Shell Catalysts & Technologies, has been awarded the EPF contract by Carbon Centric for a carbon capture unit project in Rakkestad, Norway.
ITT to provide highly engineered pump systems and aftermarket services
ITT Inc. announced the company has signed a three-year agreement for the supply of API-610 centrifugal pump systems and related products and engineered services to ExxonMobil, one of the world’s largest international energy and petrochemical companies.
Aether Fuels & GTI Energy partner for sustainable aviation and shipping fuels
Aether Fuels and GTI Energy announced a partnership and global exclusive licensing agreement to commercialize a scalable and economical solution to produce sustainable fuels from low-value and abundant waste streams.
Oman's Duqm refinery units currently working at 100% capacity
Oman's Duqm refinery units are currently working at 100% capacity of 230,000 bpd.
Ukraine hits Russia's Volgograd oil refinery in latest drone attack
Two Ukrainian attack drones struck the largest oil refinery in southern Russia in the latest in a series of long-range attacks on Russian oil facilities.
Shell agrees to develop Nigeria gas field for Dangote fertilizer
Shell Plc has made a final investment decision to build a gas supply facility in Nigeria to feed a fertilizer plant owned by Africa's richest man, Aliko Dangote.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
