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Shell Exits South African Downstream Business in $1B Deal
Shell agrees to sell its South African downstream assets including 600 retail stations to Thebe Investment Corporation for approximately $1 billion.
Read full articleChevron Reports Major Gas Discovery Offshore Egypt
Chevron announces significant natural gas discovery in Egypt's Mediterranean waters, potentially holding 3.5 trillion cubic feet of reserves.
Read full articleSaudi Aramco Invests $7B in Blue Hydrogen Project
Saudi Aramco commits $7 billion to develop one of the world's largest blue hydrogen facilities, targeting 2029 production start.
Read full articleBP Accelerates Renewable Energy Pivot with $4.5B Solar Acquisition
BP acquires US solar developer Lightsource for $4.5 billion, marking its largest renewable energy investment to date.
Read full articleExxonMobil Faces $2.8B Climate Lawsuit in Netherlands
Dutch court orders ExxonMobil to pay $2.8 billion in damages for climate impacts, setting precedent for fossil fuel litigation.
Read full articleOPEC+ Extends Production Cuts Through Q4 2026
OPEC+ agrees to maintain current production cuts of 2 million barrels per day through year-end, citing global demand concerns.
Read full articleTotalEnergies Discovers 1B Barrel Oil Field in Namibia
TotalEnergies announces discovery of estimated 1 billion barrel oil field offshore Namibia, the country's largest find to date.
Read full articleUS Strategic Petroleum Reserve Hits 40-Year Low
US SPR falls to 347 million barrels, lowest since 1983, as Biden administration continues releases to combat inflation.
Read full articleShell Exits South African Downstream Business in $1B Deal
Shell agrees to sell its South African downstream assets including 600 retail stations to Thebe Investment Corporation for approximately $1 billion.
Read full articleChevron Reports Major Gas Discovery Offshore Egypt
Chevron announces significant natural gas discovery in Egypt's Mediterranean waters, potentially holding 3.5 trillion cubic feet of reserves.
Read full articleSaudi Aramco Invests $7B in Blue Hydrogen Project
Saudi Aramco commits $7 billion to develop one of the world's largest blue hydrogen facilities, targeting 2029 production start.
Read full articleBP Accelerates Renewable Energy Pivot with $4.5B Solar Acquisition
BP acquires US solar developer Lightsource for $4.5 billion, marking its largest renewable energy investment to date.
Read full articleExxonMobil Faces $2.8B Climate Lawsuit in Netherlands
Dutch court orders ExxonMobil to pay $2.8 billion in damages for climate impacts, setting precedent for fossil fuel litigation.
Read full articleOPEC+ Extends Production Cuts Through Q4 2026
OPEC+ agrees to maintain current production cuts of 2 million barrels per day through year-end, citing global demand concerns.
Read full articleTotalEnergies Discovers 1B Barrel Oil Field in Namibia
TotalEnergies announces discovery of estimated 1 billion barrel oil field offshore Namibia, the country's largest find to date.
Read full articleUS Strategic Petroleum Reserve Hits 40-Year Low
US SPR falls to 347 million barrels, lowest since 1983, as Biden administration continues releases to combat inflation.
Read full articleStay ahead of Oil & Gas in 3 minutes a day.
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