The transaction is expected to close later in 2022 New Delhi: Global energy giant,Shell, on Friday said it is set to acquireSprng Energy, a Pune-basedrenewableenergy company, for $1.55 billion. According to the official press release, […]
The Federal Energy Regulatory Commission (FERC) has authorized Venture Global Calcasieu Pass, LLC, (Venture Global)–the developer of the Calcasieu Pass liquefied natural gas (LNG) export terminal–to commission the first six of nine liquefaction blocks. Each […]
(Reuters) – Exxon Mobil Corp said on Friday it doubled its first-quarter per-share profit, but the results fell short of Wall Street estimates, even excluding a $3.4 billion writedown from its withdrawal from Russia. The […]
The U.S. Department of Energy (DOE) has announced that it has issued two long-term orders authorizing an additional 0.5 billion cubic feet per day of liquefied natural gas (LNG) exports from two LNG export projects […]
Modular Plant Solutions (MPS), a global engineering firm specializing in process modularization and project implementation, announced its contract to support Arbor Renewable Gas in the construction of the first-of-its-kind modularized green gasoline plant. The Spindletop […]
(Bloomberg) — Chevron Corp. lifted its production target in North America’s biggest oil field in a sign that U.S. shale is responding to $100-a-barrel crude despite rising cost pressures and equipment shortages. Chevron will produce […]
Hedge fund Elliott Administration has launched an activist marketing campaign towards Suncor Power, certainly one of Canada’s greatest oil producers, calling for an overhaul of firm management in a guess on the way forward for […]
Congressional Democrats plan to unveil legislation Thursday to beef up the Federal Trade Commission’s authority to go after gasoline price manipulation, according to a person familiar with the matter, but its chances for passage hinge […]
French oil major TotalEnergies is further expanding its presence in the U.S. renewable energy industry by acquiring Austin-based Core Solar. Core Solar has a portfolio of more than 4 GW of utility-scale solar and energy […]
Russia’s profits on its oil and gas sales have spiked since it invaded Ukraine, with the country raking in $66 billion despite Western sanctions crippling much of its economy. Russian exports to the European Union, worth approximately 44 […]
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