CHUNYIP WONG European energy majors Shell (NYSE:SHEL), BP (BP) and TotalEnergies (TTE), as well as Japan’s Mitsui (OTCPK:MITSF) (OTCPK:MITSY), have agreed to buy a 10% stake each in Abu Dhabi National Oil Co.’s Ruwais liquefied natural gas plant, Bloomberg reported Friday. The United Arab Emirates currently has just 5.8M tonsContinue Reading
HJBC/iStock Editorial via Getty Images TotalEnergies (NYSE:TTE) plans to exit its gas discoveries off the tip of South Africa to prioritize exploration in areas closer to promising discoveries near Namibia, Bloomberg reported Tuesday. The company plans to give up its license for Block 11B/12B because it doubts whether the complexContinue Reading
hanhanpeggy/iStock via Getty Images SLB (NYSE:SLB) and TotalEnergies (TTE) unveiled a 10-year partnership Tuesday to co-develop scalable digital solutions for enabling access to energy resources, establishing a framework to work together on addressing key challenges across the energy value chain, including carbon capture, utilization and sequestration. The companies said theyContinue Reading
HJBC/iStock Editorial via Getty Images TotalEnergies (NYSE:TTE) said Thursday it agreed to sell its West of Shetland oil and gas fields in the U.K. to privately-held Prax Group for an undisclosed sum. The French company is selling its entire interest in West of Shetland fields – Laggan, Tormore, Glenlivet, EdradourContinue Reading
