Downstream

This post was originally published on this siteFrench oil major TotalEnergies is “seriously” looking at a possible listing in New York, Chief Executive Patrick Pouyanne told analysts on Friday, to move closer to a majority of U.S.-based shareholders. The Paris-based company says it has 47% of institutional shareholders in the United States, and 39% of […]

This post was originally published on this site (P&GJ) – Southern Africa’s largest multi-product pipeline operator, Transnet Pipelines, plans to spend R891 million in 2024 in building its fuel handling capacity, including construction of a delayed import fuel terminal at the port of Durban and new line to supply the country’s biggest airport, OR Tambo.

This post was originally published on this site (P&GJ) – The government of Japan will create conditions for the development of a domestic pipelines sector in years to come. It will take place through the stimulation of building new gas and other pipelines throughout the country.

This post was originally published on this siteMost in the party accept that climate change is real, but many are retrenching from their commitments to action in fear of angering the vindictive former president.  Mary Ellen Klas is a politics and policy columnist for Bloomberg Opinion. A former capital bureau chief for the Miami Herald,

This post was originally published on this sitePresident Aliyev commits to boosting investments in gas Country also touts its rollout of green energies this decade Azerbaijan, host of this year’s COP29 climate summit, will continue to invest in increasing gas production in order to feed demand from Europe as its president said that its abundant

This post was originally published on this siteFTC recently sued to block Tapestry’s high-end handbag deal Lawmakers called for more scrutiny of oil deals in March Exxon Mobil Corp. expects US antitrust regulators to approve its $60 billion acquisition of Pioneer Natural Resources Co. by the end of June despite increased government scrutiny of corporate mergers. “We continue

This post was originally published on this site(Reuters) – Oil giant Chevron Corp  beat estimates for first-quarter profit on Friday as higher production volumes in the U.S. helped offset a hit from weak natural gas prices and fuel margins. The second largest U.S. oil producer posted a profit of $5.5 billion in the quarter ended on

This post was originally published on this site(Reuters) – Phillips 66  missed quarterly profit estimates due to a decline in refining margins led by underperformance at its Gulf Coast operations, sending the refiner’s shares down 5.5% in premarket trading on Friday. Refiner margins have scaled back from the peaks achieved after Russia’s invasion of Ukraine in

This post was originally published on this siteHOUSTON, April 26 (Reuters) – Exxon Mobil Corp on Friday missed analysts’ estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset volume gains. The largest U.S. oil company, which is in the process of closing a $60

This post was originally published on this site(Reuters) – Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and as supply concerns lingered due to conflicts in the Middle East. Brent crude futures gained 19 cents,