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HomeBig Oil Companies

Big Oil Companies

Shell
Big Oil Companies

Shell sues Greenpeace for $2.1 million after activists boarded oil vessel

November 16, 2023 Mariel Alumit

LONDON, Nov 9 (Reuters) – Shell (SHEL.L) is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at sea this year, according to Greenpeace and a […]

Das Island
Big Oil Companies

Adnoc plans to boost Das Island LNG capacity by 0.9 mtpa

November 16, 2023 Mariel Alumit

Adnoc Gas, the gas and LNG unit of UAE’s energy giant Adnoc, plans to add about 0.9 mtpa of production capacity at its Das Island liquefaction plant by debottlenecking the terminal’s three liquefaction trains. The […]

Big Oil Companies

Daily Energy Standup Episode #252 – Turkey’s Gas Hub Power Play, Exxon’s EV Lithium Venture, and Winter Electricity Concerns

November 15, 2023 Andy Del Prado

Daily Standup Top Stories Who Is The Main Beneficiary Of The Gas Hub In Turkey? November 14, 2023 Mariel Alumit Energy researcher Irina Mironova writes that a Turkish gas hub where Russian natural gas can be traded is […]

Permian basin
Big Oil Companies

Oil production from Permian basin to expand through year’s end

November 15, 2023 Mariel Alumit

World Oil (Bloomberg) – Oil production from the Permian basin will expand in November and December, marking the region’s longest run of monthly gains in two years. The world’s most productive shale patch is expected to […]

Hess
Big Oil Companies

Chevron takeover of Hess resurrects multi-billion dollar tax shield

November 15, 2023 Mariel Alumit

Yahoo Finance Chevron’s deal to buy Hess HES.N will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess’s past losses to cut future […]

Exxon
Big Oil Companies

Exxon to start lithium production for EVs in the US by 2027

November 14, 2023 Mariel Alumit

HOUSTON, Nov 13 (Reuters) – Exxon Mobil (XOM.N) said on Monday it plans to start producing lithium from subsurface wells by 2027 to provide supplies of the key metal used in electric-car batteries and advanced electronics. Oil […]

ExxonMobil
Big Oil Companies

Former U.S. Deputy National Security Advisor joins ExxonMobil’s board of directors

November 14, 2023 Mariel Alumit

World Oil (WO) – ExxonMobil Corporation announced that Dina Powell McCormick will join its board of directors, effective Jan. 1. Ms. Powell McCormick is currently Vice Chairman, President and Global Head of Client Services at […]

Israel
Big Oil Companies

Israel natural gas flows to Egypt rise as Chevron resumes Tamar production

November 14, 2023 Mariel Alumit

Shipments have risen to 350-400 MMcfd from about 250 MMcfd earlier in November, the person said, asking not to be named because the information isn’t public. Still, that’s almost half the normal levels from before […]

Big Oil Companies

Daily Energy Standup Episode #250 – Iran-China Trade Surges, Legal Victories in Alaska, and the Growing Role of Fossil Fuels

November 13, 2023 Andy Del Prado

Daily Standup 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 output […]

block oil and gas
Big Oil Companies

Alaska Judge Sides With ConocoPhillips on New $7.5 Billion Oil Project

November 11, 2023 Mariel Alumit

A federal judge upheld the Biden administration’s approval of ConocoPhillips’ 600-million-barrel Willow oil development in Alaska, a blow to environmentalists who argued it would imperil wildlife and exacerbate climate change. The ruling by Alaska-based US District […]

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