Eni In Talks to Sell 20% of Its $13-Billion Low Carbon Unit Plenitude
Eni has launched exclusive talks with investment fund Ares Alternative Credit Management to potentially sell 20% in its low-carbon energy business Plenitude, which has an enterprise value of over $13.4…
BCGA event: Small-scale hydrogen ‘could cut construction emissions’
The opening morning of the British Compressed Gases Association annual conference shone the spotlight on construction, which is a sector that remains central to decarbonisation. On stage at the Worsley…
BCGA panel flies the flag for global cooperation and partnership
The British Compressed Gases Association annual conference had a distinctly international flavour in Manchester today. The opening panel discussion featured Rich Gottwald, President and CEO of the [US] Compressed Gases…
BCGA event: UK vulnerable on CO2 ‘as policy holds back biogenic potential’
The UK is becoming increasingly reliant on imported carbon dioxide, leaving the industrial gases sector vulnerable. In part that is because homegrown biogenic CO2 sources remain underutilised due to policy…
Asia’s Fuel Imports Slump to Five-Year Low
Asia’s imports of refined petroleum products plunged in April to the lowest level since 2020, due to higher spring refinery maintenance at key fuel exporters in the region and softer…
Petrobras Considers Return to Nigerian Oil Sector
Brazil’s Petrobras plans to return to Nigeria’s oil industry, to focus on deepwater exploration, Nigeria media have reported, citing a senior government official. “We have not maximally capitalised on the…
Why Is the Oil Price Dropping Today?
In an exclusive interview with Rigzone on Thursday, Bill Farren-Price, Senior Research Fellow and Head of Gas Research at the Oxford Institute for Energy Studies, said the oil price is…
Venture Global Pushes Regulators To Greenlight LNG Plant
Venture Global, the LNG operator, has asked the Federal Energy Regulatory Commission to greenlight its third liquefaction plant, in Louisiana, by June 26. The company previously said it plans to…
Strathcona Resources Sells Montney Shale Assets for $3 Billion
Strathcona Resources has exited the Montney shale after striking deals to sell its assets there to three companies, including ARC Resources and Tourmaline Oil. The company also acquired the Hardisty…
ADNOC’s XRG Takes Stake in Offshore Gas Block in Turkmenistan
XRG, the newly created energy investment firm of Abu Dhabi’s national oil company ADNOC, has taken a 38% stake in a production sharing contract for an offshore block of gas…
