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    • Photo from Shell Singapore Pte. Ltd.
    Shell Shell Pulau Bukom manufacturing site.
    Companies

    Shell inks deal to divest integrated Singapore refining, chemical assets

    May 8, 2024
    Shell PLC has entered a deal to sell the entirety of its interest in subsidiary Shell Singapore Pte. Ltd.’s (SSPL) integrated refining and petrochemical operations in Singapore...
    Companies

    Chevron reports 1Q earnings drop, worldwide production up 12% y-o-y

    April 26, 2024
    Chevron Corp. reported earnings of $5.5 billion for first-quarter 2024, down from $6.6 billion in first-quarter 2023 primarily due to lower margins on refined product sales and...
    Companies

    ExxonMobil first-quarter earnings down on lower refining margins, gas prices

    April 26, 2024
    ExxonMobil posted earnings of $8.2 billion for first-quarter 2024, down from $11.4 billion in first-quarter 2023.
    Map from Sintana Energy.
    PEL 79, governing blocks 2815 and 2915, in Namibia’s Orange basin.
    Companies

    Sintana Energy acquires indirect interest in Orange basin, Namibia

    April 25, 2024
    Sintana Energy has agreed to acquire an indirect interest in PEL 79, which governs blocks 2815 and 2915, in Namibia’s Orange basin.
    General Interest

    Ecopetrol to invest $760 million to increase gas production

    April 25, 2024
    Colombia’s Ecopetrol SA plans to invest $760 million to increase natural gas production this year, with $350 million of that total earmarked for offshore operations in the Caribbean...
    Companies

    Ithaca Energy, Eni strike deal to combine certain UK assets

    April 24, 2024
    Ithaca Energy plc and Eni SPA will combine certain UK assets.