Exxon boosts buybacks 14% as hunt for more oil accelerates
Exxon Mobil plans to raise share buybacks 14% as the oil giant accelerates crude production in the US Permian Basin, boosted by its $60 billion acquisition of Pioneer Natural Resources Co.
Exxon Mobil plans to raise share buybacks 14% as the oil giant accelerates crude production in the US Permian Basin, boosted by its $60 billion acquisition of Pioneer Natural Resources Co.
DNV has announced Jamie Burrows will lead its work on carbon capture utilisation and storage (CCUS) amid a growing demand for tools to aid emissions reduction in industrial sectors.
In an industry where adaptability is the key for success, Subsurface Global (SSG Group) has proved a leading player in oil and gas recruitment for the past 15 years. Specialising in the provision of recruitment and contracting services to the worldwide upstream E&P sector, the company's commitment to its core values has led to an exciting evolution. From September 2023, Subsurface Global has announced a rebrand to WeConnect Energy, marking a significant milestone in its journey.
“For the first time, the Federal Criminal Court is called upon to judge the criminal liability of a company for bribery of foreign public officials,” the OAG said.
Only three of the top 10 most popular energy roles typically filled by overseas recruits have an average salary above the proposed new minimum threshold.
“The process is open and will involve investors from all over the world interested in the development of wind energy. This new country project will position Colombia as a benchmark in the generation of renewable energy in the region, and will strengthen national energy security,” said Camacho.
Bon-Accord Training will keep its name as it looks towards 'new opportunities'.
Serica also announced the founders of Tailwind Energy will depart the company in March next year following the £367 million takeover.
A swath of Norway’s offshore gas discoveries risk remaining untapped due to challenges ranging from complex reservoirs to costs of production.
Forties, Beryl, Ninian, Thistle and Judy have all had the TikTok treatment.
Aberdeen headquartered Centurion Group has carried out four acquisitions this year, increasing the firm’s forecast pre-tax earnings.
The announcement from PetroIneos that Scotland’s only oil refinery at Grangemouth will close by 2025 can, one hopes, be reversed and time bought.
“I don't know anyone who thought this transition would be quick and easy, right? I mean, we're talking about the transformation of global energy systems on a massive scale. We've never done this before and we have to get moving quickly,” Cahill explained.
"Continuing to fund projects in the way the Tracks 1 and 2 are doing isn’t something that is sustainable," says the NSTA's manager of UK carbon transportation and storage.
'Re-Energising Offshore Wind' report reveals ports, grid infrastructure and supply chain resilience are among the issues most concerning the sector.
NZTC has launched ‘Technology Without Borders’ – a new initiative aimed at bridging the energy technology gap between nations in the Global North and South.
US climate envoy John Kerry criticized some US oil producers for not doing enough to combat global warming and singled out Chevron Corp. for particular scrutiny.
The plant currently supplies around 8% of the UK’s gas consumption - enough for around 2 million households.
Traders said the switch will make the cargoes more prone to the kind of volatility that besets wider oil markets.
Orbital Marine Power is set to deploy its tidal stream device at a pioneering test facility in Canada’s Bay of Fundy.
"This project is a significant scale-up for our technology and the integration of seawater can play a key role in helping us deploy our technology sustainably around the world,” said 44.01 founder and CEO Talal Hasan.
Iberdrola and Masdar have formed a partnership to invest up to €15 billion in offshore wind and green hydrogen projects – including the UK’s East Anglia THREE.
NSTA is expected to greenlight the Shell Victory project in the West of Shetland ‘within the coming months’
Deltic Energy (AIM: DELT) is mulling a farm-down of its stake in a pair of Shell-operated (LON: SHEL) North Sea targets and have received “a considerable level of interest”.
At least 2,456 delegates linked to fossil fuels are attending the Cop28 summit in Dubai, according to analysis of the provisional participants list.