17 January 2024
17 January 2024
The class action lawsuit asks for a $1bn judgement.
The deal also paves the way for the final investment decision (FID) to expand Mexico Pacific’s Saguaro Energia project.
Eni, Shell, ExxonMobil, TotalEnergies, Inpex and CNPC are partners in the $55bn offshore oil project.
Renaissance, a consortium of five companies, will acquire the Shell Petroleum Development Company of Nigeria (SPDC).
The South Korean Government is investigating the cause of the supposed gas explosion on 12 January at Hanwha Ocean's Okpo shipyard.
Some 40% of respondents felt that more government intervention is needed to force the oil and gas industry to act.
The energy company plans to sequester CO₂ emissions from its natural gas field in Rajasthan and store it in dry wells nearby.
The carbon capture and storage (CCS) project is expected to have the capacity to abate 3.3 million tonnes of carbon dioxide (CO₂) flaring emissions annually.
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Global Polycarbonate capacity is poised to see considerable growth over the next five years, potentially increasing from 7.59 mtpa in 2022 to 9.96 mtpa in 2027, registering a total growth of 31%. Around 13 planned and announced Polycarbonate projects are expected to come online in Asia over the upcoming years. Among countries, China is expected to lead Polycarbonate capacity additions by 2027, followed by India.
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