Exxon promises high returns and dividend growth in latest pitch to shareholders
The US oil producer said it would return more than 30% on investments over the coming years, as…
What does the 2021 Budget mean for the UK energy industry?
03 Mar 21Pinpointing the areas Britain plans to prioritise for government spending over the next 12 months, Chancellor Rishi Sunak…
Early flurry of FID’s kicks off ‘more promising year’ for upstream industry across EMEA region
03 Mar 21Analysis by GlobalData shows that 2021 is forecast to see a “bump” in both field starts and final…
A progress update on major marine-energy projects under development
03 Mar 21Several marine-energy projects have made notable advancements in recent months, including wave and tidal ventures in Europe and…
Baker Hughes, Akastor to create offshore drilling solutions joint venture
03 Mar 21The JV will club Baker Hughes’ subsea drilling systems business and Akastor’s subsidiary MHWirth
ExxonMobil to cut 300 jobs in Singapore due to Covid-19 impact
03 Mar 21The impacted employees represent around 7% of the company’s workforce in the country
Orex, Pan American to create JV for Sandra-Escobar project in Mexico
03 Mar 21The joint venture that will own the silver-gold project has been named Empresa Minera Sandra-Escobar
NAIF grants $109m for development of Lake Wells SOP project in Australia
03 Mar 21The Lake Wells project is positioned as the low CO2 emitting SOP project development in Australia
Oglethorpe Power to buy Southeast PowerGen’s Effingham facility
03 Mar 21Effingham is a 511MW operating naturalgas-fired combined-cycle generating and transmission facility located in Rincon, Georgia
Adapture Renewables buys 81MW US solar project from Q CELLS
03 Mar 21Adapture Renewables has financed the Rippey Solar project with in-house capital