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Asia Pacific
Investment , Energy Transition
Chevron Signs Deal to Explore Lower Carbon Opportunities in Indonesia
Chevron is looking at potential businesses in new geothermal technology, carbon offsets through nature-based solutions, carbon capture, utilization and storage (CCUS), Pertamina said.
May 13, 2022
Trends
Energy A&D Transactions from the Week of May 11, 2022
Here’s a snapshot of recent energy deals including the closing of PDC Energy’s $1.3 billion acquisition of private D-J Basin operator Great Western Petroleum plus the formation of a $1.1 billion renewable natural gas joint venture.
May 11, 2022
Crude Oil , International
Russia’s Rosneft Ramps Up Oil Sales to Indian Oil in May
Moscow-based oil company Rosneft increases its sales to Indian Oil Corp. in May, as Russian crude finds an increased presence in India since western sanctions on Russian oil began in February.
May 6, 2022
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of May 4, 2022
Here’s a snapshot of recent energy deals including HighPeak Energy’s acquisition of Hannathon Permian properties for about $373.4 million plus Chevron’s agreement to acquire a stake in Talos Energy’s proposed Texas carbon capture plant.
May 4, 2022
Energy Transition , Acquisitions & Divestitures
Shell Buys Renewables Firm Sprng Energy for $1.55 Billion
The acquisition of India-based renewable power platform Sprng Energy for $1.55 billion will triple Shell's current renewables capacity in operations.
May 3, 2022
Business , Energy Transition , Technology
3t EnerMech JV Promotes Paul Attrill to Reinforce Global Growth
In the new strategic position, Paul Attrill will help to drive the growth of 3t EnerMech and support its global client base through an industry-recognized blended approach of traditional in-person training and digitalized workforce management solutions.
April 21, 2022
Shale Plays , Technology
Schlumberger Wins Fracking Contract for Onshore Indian Gas Field
Schlumberger will supply Oilex with hydraulic fracturing, nitrogen and perforation services as the company re-fracs the Cambay C-77H well in India.
April 19, 2022
Crude Oil , International
Russian Oil Supply Drop to Double in May, Says IEA
Originally predicted to occur in April, The IEA expects sanctions on Russian-imported oil to fully take effect in May due to coronavirus lockdowns in China.
April 13, 2022
Markets , Trade , International
Biden: Not in India’s Interest to Increase Russian Energy Imports
Biden told Indian Prime Minister Narendra Modi the U.S. stood ready to help India diversify its energy imports, White House press secretary Jen Psaki said, noting India’s imports from the U.S. are already much bigger than their Russian imports.
April 11, 2022
Field Development , Liquefied Natural Gas (LNG) , Midstream
Shell Resumes Shipping LNG from Prelude after Four-month Shutdown
The four-month shutdown was just the latest setback that Shell’s Prelude FLNG facility off northwest Australia has faced since its delayed start-up in 2019.
April 11, 2022