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Equinor, Shell and Exxon agree LNG project with Tanzania

Equinor , Shell  and Exxon Mobil  have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal in the East African country, the two sides said on Friday.

read more... 22/05/2023

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Exxon sues EU in move to block new windfall tax on oil companies

 U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc's new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.

read more... 29/12/2022

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Shell joins Qatar's LNG expansion mega-project

QatarEnergy on Tuesday signed a deal with Shell for the Gulf state's North Field East expansion, the first phase of the world's largest liquefied natural gas (LNG) project, following agreements with TotalEnergies , Exxon , ConocoPhillips and Eni.

read more... 06/07/2022

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Dutch govt grants $2.4 billion in subsidies to huge carbon storage project

The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around 2 billion euros ($2.4 billion) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world, the Port of Rotterdam said on Sunday.

read more... 11/05/2021

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Exxon mulls closure of Norway's Slagen refinery as region's clean fuel shift continues

ExxonMobil is considering closing its 116,000 b/d Slagen refinery in Norway to convert the site into a fuel import terminal, the company said April 8, marking a potential further casualty of Europe's surplus refining capacity as the region's fuel demand shrinks and competition from new markets continues to grow.

read more... 12/04/2021

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