Hydrogenious LOHC Technologies and CWP Global have announced the signing of a feasibility agreement to explore a 500 ton per day green hydrogen transport chain from Morocco to Europe via Hydrogenious’ LOHC technology. The feasibility study will be based on CWP Global’s AMUN project.
INEOS Energy is entering the U.S. shale oil and gas market with the acquisition of 2,300 oil and gas wells from Chesapeake Energy for $1.4 billion. This acquisition marks a key step in INEOS Energy’s strategy to build a global integrated portfolio tailored to the energy transition.
EnfraGen announced the acquisition of six assets in Panama and Costa Rica, with a total capacity of 188 MW, from Celsia S.A., a Colombian subsidiary of Argos Group. This acquisition marks an important step in EnfraGen’s development strategy in the region.
Giorgia Meloni’s government is facing a rebellion from Enel shareholders who oppose the candidacy of Paolo Scaroni, while the investment fund Covalis Capital is proposing Marco Mazzucchelli to counter the influence of the ultra-conservative government within the company.
The Church of England pension fund will vote against the reappointment of Shell executives. The decision is symbolic because the pension fund has only a small stake in Shell, whose strategy to be carbon neutral by 2050 or earlier remains unchanged.
The consumer association CLCV accuses fuel distributors of having “explosive gross margins” and calls for a price reduction of 10 cents per liter. The CLCV warns that it will refer the matter to the competent authorities if the gross margins do not return to normal by early summer.
The British Supreme Court has dismissed an appeal against Shell for an oil spill in 2011, ruling that the case was brought too late. Another case, allowing thousands of Nigerians to sue the oil giant for environmental damage caused by oil spills, is still ongoing.
Aramco recorded a 19.25% drop in net profit in Q1 2023 but remains the source of more than 75% of the majors’ combined profits. The company is maintaining its long-term expansion plans despite the decline in hydrocarbon prices and fears of a global recession.
The Constitutional Court of Ecuador authorizes a referendum on the continuation of oil exploitation in the natural reserve of Yasuni. Ecuadorians will be able to vote in the next 75 days to decide on the phasing out of this operation.
The European Union is launching an international tender for bulk gas purchases to replenish stocks before the winter of 2023-2024 and combat high gas prices. International gas suppliers are invited to respond by May 15 for a total volume of approximately 11.6 billion m3 of gas.
VERVANT LTD
71-75 Shelton Street
LONDON WC2H9JQ
UK
Inclus dans cet abonnement:
