…Expects to deliver growth potential of $20 billion in earnings and $30 billion in cash flow

ExxonMobil today announced its Corporate Plan to 2030, creating a platform to further extend the company’s track record of delivering leading shareholder value. The plan reflects the company’s strategy...

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands,...

Equinor has struck oil and gas near the Fram field in the North Sea. The discovery is estimated at between 13 and 28 million barrels of oil equivalent. An exploration well with sidetrack has been drilled about 10 kilometres north of the Troll field...

The Court of Appeal of The Hague overturned the District Court of The Hague’s 2021 ruling in the case brought against Shell plc by Milieudefensie, other NGOs and a group of private individuals.

“We are pleased with the court’s decision, which we believe is the...

As part of its strategy to grow its Liquefied Natural Gas (LNG) business, TotalEnergies announces today the signing of a sales agreement (HoA) with Sinopec for the delivery of 2 million tons of LNG per year for 15 years, starting in 2028.

Thanks to this...

Ocean services provider DeepOcean has been awarded an inspection, maintenance and repair (IMR) campaign by Vår Energi for 2025. The scope also includes additional light construction work to be completed within the same year.

DeepOcean will conduct a subsea campaign for Vår Energi next year...

TotalEnergies has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company. The transaction involves a network of about 240 filling stations and several storage facilities for petroleum products and ethanol.

SIM Distribuidora, one of the recognized players...

Wood has entered an agreement with Brazilian national oil company Petrobras to deliver concept studies with designs and recommendations aimed at optimising performance and reducing emissions to support a future Floating Production Storage and Offloading (FPSO) vision for the next decade.

The first study will...

Patrick Pouyanné, Chairman and CEO of TotalEnergies,have met in Paramaribo with His Excellency Chandrikapersad Santokhi, President of the Republic of Suriname, and Annand Jagesar, CEO of Staatsolie Maatschappij Suriname N.V., Suriname’s National Oil Company, to announce the Final Investment Decision (FID) for the “GranMorgu”...

Golar LNG Limited has announced that it has signed an Engineering, Procurement, and Construction agreement with CIMC Raffles (CIMC) for an MK II Floating LNG Production (FLNG) vessel with an annual liquefaction capacity of 3.5 million tons of LNG per annum (MTPA).

Under the agreement...

The 2024 OPEC World Oil Outlook (WOO) was launched today at the ROG.E conference in Rio de Janeiro, Brazil. First published in 2007, and now in its 18th edition, the Organization’s flagship annual publication offers a detailed review and assessment of the medium- and...

Shelf Drilling has made reference to the previous announcement by the company on July 30, 2024 regarding the agreement to sell the jack-up rig Baltic for total consideration of USD 60 million.

“Today, the Company announces completion of the sale of the Baltic and...

In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies announces a 5-year extension of its sales and purchase agreement (SPA) with CNOOC, for the delivery of 1.25 million tons of LNG per year to China until 2034.

Thanks to...

Biden-Harris Administration Marks Major Milestones for Offshore Wind, Approves Tenth Project

Interior Department has now approved more than 15 gigawatts of offshore wind energy

The Biden-Harris administration today announced the approval of the Maryland Offshore Wind Project – the nation’s tenth commercial-scale offshore wind energy...