Shell France LNG

Shell Forecasts Up to $4.5 bn Impairment Charges in Q4, Eyes Sale of Singapore...

Shell revealed on Monday its anticipation of impairment charges reaching as high as $4.5 billion for the fourth quarter, primarily tied to the Singapore...
Enel begins work on Pulida

Enel Concludes $271 mn Sale of U.S. Renewable Assets to Ormat Technologies

Enel, Italy’s largest utility, has completed the sale of its renewable asset portfolio in the United States to Ormat Technologies for $271 million. The move...
Exxon Mobil business

Exxon Mobil to Write Down $2.5 bn in California Assets, Warns of Reduced Operating...

Exxon Mobil has issued a cautionary note, announcing a projected write-down of approximately $2.5 billion concerning California assets in the fourth quarter. The largest...
Chevron oil business

Chevron Announces Massive Non-Cash Writedowns and Challenges in California Operations

Chevron revealed on Tuesday its intention to take significant non-cash writedowns relating to U.S. oil and gas production, notably in California, and expenses for...
RWE wind power partner

RWE Names Peter Krembel as CEO as Top Management Undergoes Reshuffle

RWE today announced the appointment of Peter Krembel as CEO as the leading energy company undergoes reshuffle in the top management. At the onset of...
Dollar in Green Business

Anticipated Drop in Gas Prices Projected: Potential $32 bn Savings for Americans

Projections indicate a decline in gas prices for the second consecutive year, forecasting substantial relief for American consumers and an estimated savings of $32...
ENGIE solar project

Engie Brasil Agrees to Sell 15% Stake in TAG to CDPQ for $641 mn

Engie Brasil announced on Thursday a strategic agreement, confirming the sale of a 15 percent stake in the natural gas pipeline firm TAG to...
Shell India

Shell Announces Final Investment Decision for Sparta Deep-Water Development in U.S. Gulf of Mexico

Shell Offshore Inc., a subsidiary of Shell plc, has unveiled the Final Investment Decision (FID) for Sparta, a significant deep-water project located in the...
Kuwait Oil Company

U.S. Surpasses Historic Oil Production, Forecasts Strong Global Supply

The United States is poised to enter the new year with an unprecedented achievement in the oil industry, as S&P Global Commodity Insights’ latest...
Capital expenditure of top energy companies in 2023

US Energy Report: Global Oil and Gas Industry Review Unveils Financial Trends for 3Q23

The US Energy Information Administration (EIA) has revealed insights from its latest Financial Review of the Global Oil and Natural Gas Industry for the...

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