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HomeBig Oil Companies

Big Oil Companies

Egypt
Big Oil Companies

Shell hits gas offshore Egypt

November 22, 2023 Mariel Alumit

LNG giant Shell has discovered natural gas in Egypt’s North East El-Amriya block, located in the Mediterranean Sea. Shell’s unit in Egypt said in a statement it had successfully completed the drilling of the first […]

ESG
Big Oil Companies

Big Oil has a place in ESG funds, says Deutsche Bank CIO

November 21, 2023 Mariel Alumit

Sustainability funds should be able to hold traditional energy shares because excluding them is denying investors one of the best ways to bet on a shift to renewable energy, a senior ESG executive at Deutsche […]

Shell
Big Oil Companies

Shell, BP wrap up Browse stake sale

November 21, 2023 Mariel Alumit

A unit of LNG giant Shell has completed its previously announced deal with BP to sell a 27 percent stake in the Woodside-led Browse project in Australia. “Shell Australia has completed the sale of our […]

Big Oil Companies

Daily Energy Standup Episode #255 – Net-Zero Realities, Geopolitical Strains, and Energy Sector Turbulence

November 20, 2023 Andy Del Prado

Daily Standup Top Stories Opinion: Net-zero policies colliding with economic reality November 17, 2023 Mariel Alumit Across the advanced economies, the politics of net zero are colliding with reality, yet most politicians seem oblivious to the dynamics at […]

Big Oil Companies

BP seeks partnerships to navigate renewables storm

November 18, 2023 Mariel Alumit

Yahoo Finance BERLIN/LONDON – BP is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies to tackle inflation and equipment bottlenecks that have battered the renewables sector. Source: Reuters […]

oil
Big Oil Companies

Climate concerns haven’t crippled big oil funding

November 18, 2023 Mariel Alumit

Oil Price The global push for decarbonization hasn’t impacted either the access to external capital or the cost of capital for oil and gas companies, S&P Global Ratings and S&P Global Commodity Insights said in […]

Big Oil Companies

Daily Energy Standup Episode #254 – Weekly Recap: Iran’s Oil Surge, EV Charging Challenges, and Global Dynamics Unveiled

November 18, 2023 Andy Del Prado

Daily Standup Weekly Top Stories Explainer: Iran’s expanding oil trade with top buyer China November 11, 2023 Allen Santos Nov 10 (Reuters) – China’s oil imports from Iran have hit record highs as Iran ramps up […]

solar
Big Oil Companies

Why oil majors Shell and BP are combining solar energy and agricultural production

November 17, 2023 Mariel Alumit

At Elm Branch Solar Farm, about an hour south of Dallas, Texas, a flock of sheep grazes among a vast field of solar panels. The flock’s shepherd, Amanda Stoffels, watches over it as the sheep […]

Seapeak
Big Oil Companies

Seapeak, Shell extend LNG carrier charter deal

November 17, 2023 Mariel Alumit

Seapeak, previously known as Teekay LNG Partners, has extended a charter deal for one of its vessels with a unit LNG giant Shell. In October 2023, the charterer of the LNG carrier Murex exercised the […]

ExxonMobil
Big Oil Companies

ExxonMobil Chairman and CEO, Darren Woods, talks about reframing the climate challenge during the APEC CEO Summit

November 17, 2023 Mariel Alumit

Good morning, and thank you for the opportunity to speak today. Like all of us, I wear many hats. In my professional life, I’m the CEO of ExxonMobil, one of the largest investor-owned companies in […]

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