Eni, an Italian multinational oil and gas company, announced that it will begin initial production in the much-delayed Kashagan field in Kazakhstan by September 2013. The Kashagan is the largest discovery in the past 30 years, and its production is expected to rival that of the Ghawar. The Kashag...
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News Commentary | February 11, 2021
While Shell was one of the last European oil majors to announce a net‑zero target, the company's revised milestones are not surprising. Shell has made significant changes due to COVID, announcing plans to write off €20 billion of its oil and gas assets, and has consistently invested in chemicals, ... Not part of subscription
News Commentary | August 06, 2021
The Gladstone LNG project involves natural gas production at the Bowen‑Surat Basin in Queensland, gas transportation, and a 7.8 million ton per year gas liquefaction plant in the industrial port of Gladstone on the eastern coast of Australia. The $750 million infrastructure transaction will enable ... Not part of subscription
News Commentary | September 13, 2021
Three years after acquiring Quadrant Energy for $2.15 billion, Santos is making another strategic move to acquire Oil Search, a Papua New Guinea‑focused oil and gas producer, which paves the way for Santos to become the top oil and gas company in Australia. As a result, the shareholders of Oil ... Not part of subscription