11 December 2023
11 December 2023
ABB and Texas LNG have agreed on a framework for ABB’s investment in the proposed liquefied natural gas (LNG) export project.
The 170km-long gas interconnector project runs from the Serbian city of Nis to the outskirts of Sofia in Bulgaria.
A potential deal could value Endeavor Energy Partners (Endeavor) at between $25bn and $30bn.
A leaked letter from OPEC urging member countries to reject a "fossil fuel phaseout" at COP28 suggests formal deal on phase-out is a real possibility.
The companies aim to accelerate the development of global ammonia and low-carbon hydrogen value chains.
The Essequibo region is oil rich, densely forested and forms around two-thirds of Guyana’s territory.
Amid uncertainties regarding foreign investment in Nigeria, Shell has taken the opportunity to invest $5bn in the country’s offshore oil production.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Ammonia and methanol are key industrial chemicals with strong demand in the agriculture, manufacturing, and construction sectors. The demand for these chemicals is expected to rise in the coming years due to their potential applications in energy transition. Low-carbon ammonia is garnering the most attention from oil and gas industry players with nearly 300 plants in development globally.
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