ConocoPhillips Raises Willow Cost to $9 Billion Citing Inflation
By ConocoPhillips raised its total spending plans for the Willow oil and natural gas project in Alaska to as much as $9 billion, citing inflation and other rising costs. Get…
HSBC Says Oil, Gas Deals to Drop ‘Materially’ in Energy Mix
By Offshore oil and gas platforms. Photographer: Tim Rue/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: HSBC Holdings Plc is expecting oil and gas deals…
HSBC Slashes Oil and Gas Financing
Financing and deals with oil and gas companies will have a materially lower share in the energy portfolio of HSBC as new energy opportunities arise, the banking giant’s chief sustainability…
ExxonMobil Expands Exploration Footprint Offshore Greece
ExxonMobil is expanding its exploration portfolio offshore Greece with a new farm-in agreement for a block in the northwestern Ionian Sea. ExxonMobil, Energean, and Helleniq Energy have reached a farm-in…
PetroChina to Retire 19 Inefficient Refining and Chemical Units
PetroChina plans to phase out production at 19 old and inefficient units across its refining and petrochemicals facilities as China looks to trim overcapacity that has weighed on the downstream…
Air Products sees helium price pressure holding steady next year
Air Products has speculated that the worst of the helium downturn for producers may be nearing an end. It is forecasting what it sees as a manageable 4% earnings hit…
OSC appoints Vice-President of Sales and Marketing
Packaged gases and welding supply company Oxygen Service Company (OSC) has appointed Jim Klose as Vice-President of Sales and Marketing to strengthen vendor relations and enhance customer satisfaction. Klose has…
US LNG Producers Ink Near Record Contract Volumes, Even as Fees Climb
U.S. liquefied natural gas developers are on track this year to ink the second-highest annual number of binding sales contracts, despite industry concerns about increasing capacity and rising costs. In…
Oil Edges Up as Glut Fears Ease Despite Weak Demand
(Reuters) – Oil prices regained a little ground on Thursday, buoyed by easing concerns over a potential supply glut as sanctions on Russian companies begin to bite. Having closed the…
ADNOC Awards $15B Contracts to Emirati Suppliers
Abu Dhabi National Oil Co PJSC (ADNOC) said Wednesday it has awarded AED 54 billion ($14.7 billion) worth of contracts to suppliers operating in the United Arab Emirates in the…


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