Eni CEO Claudio Descalzi received the 2022 Distinguished Business Leadership Award from the Atlantic Council yesterday. This prestigious honour was awarded for the “extraordinary role” he has assumed in the energy sector at an international level, for the technological transformation of the company aimed at complete decarbonisation by 2050 and for his contribution to the new challenge of […]

The Ministers of Foreign Affairs of Germany and Norway, Annalena Baerbock and Anniken Huitfeldt, have visited sustainable battery materials producer Vianode, an Elkem company, in Kristiansand, Norway. European battery value chain with unique performance characteristics and produced with significantly lower CO2 emissions than today’s standard materials – supporting the ambitions of leading battery cell and […]

ExxonMobil has reiterated its firm plans to grow shareholder value by delivering solutions that help meet the global need for energy and for lower greenhouse gas emissions to address climate change. Darren Woods, chairman and chief executive officer, outlined how the company’s strategy leverages its capabilities and competitive advantages at the annual meeting of shareholders. […]

In its recent 2022 first quarter press release, SBM Offshore stated that the Construction activities for the Company’s major projects continue to be impacted by the effects of the pandemic and in particular response measures in China. The current conflict between Russia and Ukraine is also adding pressure on price inflation and the global supply chain. The […]

Eni Rovuma Basin has delivered medical and laboratory equipment to Mozambican National Health Institute in order to support this institution to increasing their technical capabilities for the identification and prevention of infectious diseases, including SARS-Cov-2. This donation is part of the partnership that Eni has been developing with the Ministry of Health since 2013, which […]

TGS has reported interim financial results for Q1 2022. Total revenue amounted to USD 132 million in Q1 2022 versus USD 142 million in Q1 2021. EBITDA was USD 101 million, and the operating result was USD 34 million, compared to USD 119 million and USD 25 million, respectively, in Q1 2021. Percentage-of-completion (PoC) revenue […]

The company stated in its report:: “Our unique, diverse, long life low decline asset base with large, low risk, high value reserves is a differentiating factor that makes Canadian Natural a truly unique energy company. We have an industry leading WTI break-even in the midUS$30s per barrel, which covers base maintenance capital requirements and dividend […]

APA Corporation has announced its financial and operational results for the first-quarter 2022. APA reported net income attributable to common stock of $1.9 billion, or $5.43 per diluted share. When adjusted for items that impact the comparability of results, most notably the gains on the closing of the Altus Midstream business combination in February and […]

Shell Chief Executive Officer, Ben van Beurden, said:“The war in Ukraine is first and foremost a human tragedy, but it has also caused significant disruption to global energy markets and has shown that secure, reliable and affordable energy simply cannot be taken for granted. The impacts of this uncertainty and the higher cost that comes […]

Neptune Energy has secured new renewable electricity supplies for its operated assets in Germany, reducing emissions by more than 11,000 tonnes of CO2 per year, a 40% reduction in the company’s scope two emissions in the country. Reducing emissions in the production of oil and gas is a key part of Neptune’s lower carbon strategy. […]