Shell Retail and Convenience Operations LLC, a wholly owned subsidiary of Shell Oil Products US (Shell), has completed the acquisition of certain company-owned fuel and convenience retail sites from the Landmark group of companies (Landmark). The acquisition also includes supply agreements for the independently operated fuel and convenience sites. Building on the strength of its […]

Woodside Energy Group Ltd (Woodside) and BHP Group Limited (BHP) have completed the merger of Woodside with BHP’s oil and gas portfolio to create a global energy company. Woodside has acquired the entire share capital of BHP Petroleum International Pty Ltd (BHPP) and issued 914,768,948 new Woodside shares to BHP, which BHP will distribute to […]

British independent energy company, Savannah Energy, has signed an agreement with the Ministry of Petroleum and Energy of the Republic of Chad for the rollout of 500MW of renewable energy projects. The move will see Savannah Energy supplying electricity to the Doba Oil Project as well as the towns of Moundou and Doba in the […]

Chevron Corporation  has announced a simplified organizational structure and senior leadership changes intended to strengthen execution and pace to deliver on the company’s objectives of higher returns and lower carbon. Effective October 1, 2022, the company will consolidate its Upstream, Midstream and Downstream business segments under a new executive vice president, Oil, Products & Gas, who […]

Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij, subsidiaries of Shell plc, have completed the sale of Shell Neft LLC, Shell’s retail stations and lubricants business in Russia, to PJSC LUKOIL. This follows the receipt of all necessary regulatory approvals. The sale agreement was announced on May 12, 2022. All people currently working for Shell Neft, […]

 Panoro Energy ASA has announced the appointment of Ms. Grace Reksten Skaugen to its Board of Directors, effective immediately. Ms. Skaugen has extensive experience working with a broad range of companies within the energy and global financial industries. Ms. Skaugen is a board member and co-founder of the Norwegian Institute of Directors and holds several board […]

Equinor and Halten East partners Vår Energi, Spirit Energy and Petoro have decided to invest about NOK 9 billion in the development of the area neighbouring to the Åsgard field in the Norwegian Sea. The area consists of six gas and condensate discoveries and option on another three prospects. The partnership today submits the plan […]

On 27 February 2022, Equinor decided to start the process of exiting the company’s Joint Ventures in Russia. Since then, Equinor has halted all new investments into Russia, stopped trading oil and gas products from Russia and announced an impairment of USD 1.08 billion on the balance sheet as of 31 March 2022. Equinor has […]

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 […]