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CIP joins forces with Uniper to promote green hydrogen from HØST PtX Esbjerg in Germany, anticipating a revolution in the energy sector.
ADNOC recently increased its crude oil production capacity to 4.85 million barrels per day, making significant progress towards its target of 5 million barrels by 2027. This expansion comes at a time when the company is seeking to maximize its hydrocarbon resources in the face of increased market competition and the constraints of OPEC+ quotas.
Europe is stepping up natural gas injections in anticipation of strong summer demand, boosting LNG imports to avoid shortages, according to analysts at S&P Global Commodity Insights.
The U.S. Department of Energy (DOE) is allocating $500 million to strengthen CO2 transport infrastructure, while anticipating the expansion of carbon capture technologies to meet future demands.
Saudi Aramco reported first-quarter net income of $27.27 billion, down 14.5% year-on-year, due to reduced crude oil production.
Shell announces a potential increase in oil and gas production in its Upstream unit for the second quarter of 2024, despite an expected decrease in its Liquefied Natural Gas unit, reflecting a stabilization of its overall production.
The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
IAEA chief Rafael Grossi calls on Iran to take concrete steps to address international concerns about its nuclear program.
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