Photo: Freepik Shell has abandoned plans to build a biofuels factory in the Netherlands, dealing a blow to Europe’s hopes of decarbonising the aviation industry. The oil giant has scrapped the project after pausing work on the site last July, with a review concluding that the plant was too expensive and “insufficiently competitive”. Under its proposals,…
Photo: Freepik (Reuters) -International oil and gas companies have announced they would cut tens of thousands of jobs in 2024 and 2025 due to lower oil prices and as they consolidate after the biggest wave of mergers and acquisitions in the industry for decades. Benchmark Brent crude futures have fallen in 2025 as OPEC+ increases…
Photo: Freepik Elevate Your Investing Strategy: Shell (UK) ( (GB:SHEL) ) has provided an announcement. Shell plc announced the purchase of its own shares as part of its ongoing share buy-back program, which was initially announced in July 2025. The program, managed independently by HSBC Bank plc, involves both on-market and off-market purchases, adhering to UK and…
Photo: Brazil’s state-run oil giant, Petróleo Brasileiro S.A. – Petrobras PBR, may soon make a comeback in Nigeria, five years after exiting the country. Nigeria’s president, during his visit to Brazil, announced that the country is eager to welcome the company back, citing its vast gas reserves and ongoing energy reforms. Petrobras, which began Nigerian operations in…
Foto: Freepik Día histórico en el Puerto de Málaga. Hace unos días dos buques realizaron por primera vez de manera simultánea suministro de GNL (Gas Natural Licuado) mediante dos gabarras en las instalaciones del Puerto de Málaga. En concreto, esta operativa sin precedentes tuvo lugar el pasado sábado 23 de agosto. Así, según han señalado desde el…
Foto: Freepik La fase conjunta con Shell tendría ahora un barco licuefactor y no dos como estaba previsto. La petrolera de mayoría estatal buscará sumar un nuevo socio internacional para acelerar las ventas externas de Vaca Muerta La iniciativa para producir Gas Natural Licuado (GNL) a partir del fluido de Vaca Muerta, liderada por YPF y Shell, adoptará una nueva estrategia:…
Photo: Freepik Top 10 biggest oil and gas companies by market cap 2025: Saudi Aramco is valued at a staggering $1.55 trillion, making it the largest oil and gas company on the planet by market capitalisation. Top 10 biggest oil and gas companies by market cap 2025: The oil and gas sector remains one of…
Photo: Freepik Prime Minister Narendra Modi’s announcement on Independence Day of Samudra Manthan, a mission to accelerate domestic oil and gas exploration, could not have come at a more pressing hour for India. Source: levemint
Photo: Freepik BP’s Murlach field was taken out of use in 2004. New technologies have made it economically viable again – Saknarong Butsabong/Shutterstock BP is to reopen a key North Sea field and pump new oil and gas for at least a decade, despite Ed Miliband’s attempts to cut back the offshore industry. The energy giant…
