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BP Invests $5M in Geospatial Analytics Company Satelytics
United Kingdom >> 6/23/2020 - BP ventures has invested $5 million in Satelytics, a cloud-based geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes, includ...
BP Revises Long-Term Price Assumptions
United Kingdom >> 6/15/2020 - In mid-February, BP p.l.c. (bp) laid out a new purpose – to reimagine energy for people and our planet – and its ambition to become a net zero company by 2050 or sooner and to help the world get to ne...
APICORP Commits $792B for 2020-2024 in the MENA’s Energy Sector
APICORP Commits $792B for 2020-2024 in the MENA’s Energy Sector Egypt >> 6/15/2020 - - Committed and planned energy investments in APICORP’s 2020-24 investment outlook amount to USD792bn, a USD173mn drop compared to USD965bn in 2019-2023 ...
GBP62M Fund for Energy Sector in Scotland
Scotland >> 6/12/2020 - Support package to help deliver net zero future.
A multi-million pound fund has been set up to help the energy sector recover from the dual economic impacts of coronavirus (COVID-19) and the oil ...
Eni & KOGAS to Strengthen the Cooperation in the Energy Sector
South Korea >> 6/11/2020 - Claudio Descalzi, Eni CEO, and Hee-bong Chae, Korea Gas Corporation President and CEO signed a Memorandum of Understanding (MoU) to identify specific cooperation opportunities in different areas such ...
Distribution Reinvestment Plan
Australia >> 6/11/2020 - Highlights
- To facilitate securityholder convenience and provide a cost efficient means of increasing security holdings, ALE has reactivated the Distribution Reinvestment Plan (“DRP”)
- ...
Global Upstream Investments Set for 15-Year Low, Falling to $383B in 2020
Norway >> 6/11/2020 - Following the publication of the upstream industry’s first quarter results, a Rystad Energy analysis reveals a gloomier investment-budget picture than previously thought. Global spending is now foreca...
ALIAD & Cathay Smart Energy Fund to Accelerate Energy Transition in China
China >> 6/9/2020 - ALIAD, the Venture Capital arm of the Air Liquide Group, expands its footprint in Asia by investing for the first time in China, while strengthening its position in the energy transition through an eq...
Oxford Flow Investment to Fuel Innovation & Digitalization
United States >> 6/8/2020 - A unique patented range of pilot-controlled, wafer-type pressure reducing valves (PRVs) developed specifically for water applications, the Oxford Flow IP Series’ lightweight polymer construction signi...
New Zealand Oil Gas Strategic Review
New Zealand >> 6/4/2020 - Following the conclusion of the Scheme of Arrangement, the New Zealand Oil Gas Board undertook a strategic review of the future direction of the company. ...
Oxford Flow Secures £8.45M Investment to Accelerate Oil & Gas Product Deployment
United States >> 6/3/2020 - Oxford Flow, the flow control equipment specialist for oil, gas, water and industrial process industries, has raised £8.45m to fuel the company’s expansion across all markets and oil and gas product d...
Gas Project in Mozambique is Set to Receive $15b
Mozambique >> 5/27/2020 - A liquefied natural gas (LNG) project in Mozambique is expected to receive $15-billion (R267-bn) of financing commitments at a signing scheduled for June 2020 - defying challenges in the financial mar...
Total Lands $15b Financing Commitment for Mozambique LNG Project
Mozambique >> 5/20/2020 - Total will receive commitments for about $15 billion of financing at a signing scheduled in June. Acquiring funding for construction of the $23 billion project, which will chill natural gas into a liq...
Historic Investment Decision for Transport and Storage of CO2
Norway >> 5/15/2020 - Equinor, Shell and Total have decided to invest in the Northern Lights project in Norway's first exploitation licence for CO2 storage on the Norwegian Continental Shelf. Plans for development and oper...
Equatorial Guinea Awards Contract to Nexant for Methanol-to-Derivatives Plant
Equatorial Guinea >> 5/13/2020 - The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea, in collaboration with the Atlantic Methanol Production Company (AMPCO), awarded American company Nexant the feasibility study for the...
Total Announces First Quarter 2020 Results
France >> 5/5/2020 - Total's Board of Directors met on May 4, 2020, to approve the Group’s first quarter 2020 financial statements. On this occasion, Chairman and CEO Patrick Pouyanné said:

'Total’s Board of Di...
Canadian Overseas Petroleum Secures Capital Investment
Nigeria >> 4/30/2020 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on sub-Sahara Africa, announces it has completed a placing for up to £2,000,000 wit...
Vattenfall Partners up to Deliver Scottish Onshore Wind Farm
United Kingdom >> 4/27/2020 - Vattenfall has taken the final investment decision to construct South Kyle Wind Farm, which will be able to power approximately 170,000 UK homes, saving close to 300,000 tonnes in carbon dioxide emiss...
Equatorial Guinea to Grant Extensions to Oil Companies
Equatorial Guinea >> 4/27/2020 - H.E. Gabriel Mbaga Obiang Lima shares Equatorial Guinea’s plans in working through the current state of global oil markets. Equatorial Guinea will launch new petroleum regulations to support its hydro...
ADNOC to Drive Sustainable Economic Value and Growth During Difficult Period
United Arab Emirates >> 4/4/2020 - The Abu Dhabi National Oil Company (ADNOC) is positioned to drive value for the United Arab Emirates (UAE) and will continue to invest responsibly to deliver on its 2030 smart growth strategy during t...

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