CNOOC Limited announced changes to its board of directors and senior management team. Mr. Xu Keqiang has resigned as the Chief Executive Officer of the Company and has been re-designated from Executive Director of the Company to Non-executive Director. Mr. Zhou Xinhuai has been...
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a substantial1 contract for the engineering, procurement, installation, and commissioning of flowlines and umbilicals, offshore West Africa. Project management and engineering has commenced with offshore operations scheduled to take place from H1 2024. No...
Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) today announced a strategic transaction involving Borealis AG (Borealis), one of Europe’s leading petrochemical companies. Under this agreement, ADNOC will acquire a 25% shareholding in Borealis from Mubadala. Financial details of the transaction are...
DENVER--(BUSINESS WIRE)--Liberty Energy Inc., formerly known as Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty” or the “Company”), announced today the pricing of the previously announced underwritten public secondary offering (the “Offering”) of ...
SOMERVILLE, Mass.--(BUSINESS WIRE)--RISE™Robotics, the Zero Emission heavy machinery company, announced today that it has been selected to receive a $1.7 Million TACFI* (Tactical Funding Increase) by AFVentures to modernize United States Air Force Grou...
TotalEnergies plans to sell its minority stake in an onshore oil-producing joint venture in Nigeria in what will be the latest divestment of Nigerian oil assets by an international major. TotalEnergies will put up for sale its 10-percent interest in a company operating 20 licenses onshore...
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and...
DUBLIN--(BUSINESS WIRE)--The "Liquefied Petroleum Gas (LPG) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global liquefied petroleum gas (LPG) m...
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today that the Board of Directors, on the recommendation of a special committee of independent directors, has authorized the initiation of a substantial is...
CALGARY, Alberta--(BUSINESS WIRE)--Imperial Oil Limited (TSE: IMO, NYSE American: IMO) today declared a quarterly dividend of 34 cents per share on the outstanding common shares of the company, payable on July 1, 2022, to shareholders of record at the ...
Highest first quarter net income in over 30 years of $1,173 million with Upstream income of $782 million and Downstream income of $389 million, driven primarily by strong market conditions Highest first quarter cash flow from operating activities i...
DENVER--(BUSINESS WIRE)--Liberty Energy Inc., formerly known as Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty” or the “Company”), announced today the commencement of an underwritten public secondary offering (the “Offering”) of an aggregate of 1...