BP’s strategy is under the microscope following the departure of CEO Bernard Looney, who resigned after failing to disclose the extent of personal relationships with company staff. Wholesale changes — whether embracing the renewables-free approach of its US competitors […]
Despite the call heard ’round the world commanding the global business community to divest from fossil fuels and shrink their carbon footprints in the name of net zero, international oil companies (IOCs) still recognize Africa […]
(WO) – TotalEnergies, Baker Hughes, Technip Energies, Azimut (through the fund Azimut ELTIF – Infrastructure & Real Assets ESG) and other investors have signed preliminary agreement to invest in Zhero Europe to develop large scale […]
A recent barter deal under which Iraq agreed to supply Iran with crude oil and fuel oil in exchange for Iranian gas, points to Iraq’s frustration with US sanctions that make it difficult to pay […]
TotalEnergies signed four contracts with Iraq’s oil ministry on Monday that will allow it to finally start work on a $10 billion energy megaproject that it first agreed in 2021. CEO Patrick Pouyanne said he hoped the […]
BAGHDAD, July 10 (Reuters) – Iraq and French oil major TotalEnergies (TTEF.PA) on Monday signed a long-delayed $27 billion energy deal that aims to increase oil production and boost the country’s capacity to produce energy with four […]
This is demonstrated by two deals the two players have inked recently. Mitsui & Co. Ltd. (Mitsui) has joined the due for the first agreement, which will enable the development of a carbon storage project in Southeast […]
French oil and gas giant TotalEnergies has announced a partnership with German gas distributor VNG to utilise green hydrogen in its refining process. The deal will see VNG provide TotalEnergies with green hydrogen for use in its […]
TotalEnergies, operator of OML130 in Nigeria, announced the renewal of the production license on this block for 20 years. Courtesy of TotalEnergies Located 150 kilometers off the Nigerian coast, the OML130 block contains the prolific […]
Welcome to Energy Daily, our guide to the energy and commodities powering the global economy. Today, Senior Reporter Kevin Crowley looks at the key reasons why Europe’s oil majors trade so far below their US counterparts. To get this newsletter […]
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