Hess Corporation announced it has made a final investment decision to proceed with Uaru, the fifth development on the Stabroek Block, after receiving government and regulatory approvals. Uaru will have a production capacity of approximately 250,000 gross barrels of oil per day with production...
TOYOTA GAZOO Racing (TGR) announced today that the cumulative production of its GR Supra GT41 customer motorsports2 vehicle has hit the 100-unit mark. Thanks to the support of customers around the world, the model reached the milestone in approximately three years since its sales launch...
Versalis – Eni's chemical company and a shareholder of Novamont (36%) – and Mater-Bi – a company controlled by Investitori Associati II and NB Renaissance – announce today the signing of an agreement for Versalis to acquire the remaining 64% of Novamont’s shares currently held...
Neste's revenue in the first quarter totaled EUR 5,298 million (5,523 million). The slight decrease in revenue was driven by lower market and sales prices, which had a negative impact of approx. EUR 0.4 billion. Sales volumes had a positive impact of approx. EUR 0.1...
Tullow Oil plc (Tullow) is pleased to announce that, via its subsidiary, Tullow Oil Gabon S.A. (Tullow Gabon), it has signed an asset swap agreement with Perenco Oil and Gas Gabon S.A. (Perenco). This is intended to optimise Tullow’s equity ownership across key fields in...
Neptune Energy and its partners, Vår Energi, Sval Energi and DNO, today announced production has commenced from the Fenja oil and gas field in the Norwegian Sea. Fenja is expected to produce 35,000 barrels of oil equivalent per day (boepd, gross), via two oil producers, with...
The Board of Directors, meeting on April 26, 2023 under the chairmanship of Patrick Pouyanné, Chairman and Chief Executive Officer, reviewed the documents related to the Ordinary and Extraordinary Meeting of Shareholders of TotalEnergies SE and particularly the request from a group of shareholders representing...
London, 28 April, 2023, (Oilandgaspress) : Brent is considered the world's most important oil benchmark, but supplies of the North Sea crudes underpinning the contract are falling. The five British and Norwegian North Sea crudes - Forties, Brent, Oseberg, Ekofisk and Troll - that currently...
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has entered into a binding agreement to acquire the Platina Scandium Project, a high-grade scandium resource in New South Wales, from Platina Resources Limited (ASX: PGM) for $14 million. The project, ne...
PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (“Knight-Swift”), announced the release of its 2022 Sustainability Report, detailing its Environmental, Social and Governance (ESG) performance. The report highlights a 3.9...
Uaru development on Stabroek Block receives government approval with production targeted to begin in 2026 Fifth development will have a production capacity of approximately 250,000 gross barrels of oil per day Third development on Stabroek Block, P...
Uaru project receives government approvals; production targeted to begin in 2026 Fifth Stabroek block development will have daily production capacity of around 250,000 barrels $12.7 billion of additional investment in Guyana’s growing energy indust...