Courtesy of The Africa Report, an article on ENI’s plans to invest $10B in Côte d’Ivoire: In the past two years, Abidjan has become one of Eni CEO Claudio Descalzi’s favourite destinations. Italian oil giant Eni plans to invest $10bn, alongside Côte d’Ivoire’s national oil company Petroci, in the development and exploitation of its Baleine […]
Read more »Via Dialogo Chino, a report on Petrobras, Brazil’s state oil firm, which has signed deals with Chinese companies on clean energy and oil exploration: As the COP28 climate conference opens in Dubai next week, Brazil will be presenting a contradiction to the world: while promising to accelerate its energy transition, the country continues to invest massively in oil. One […]
Read more »Via Reuters, a report on Colombia’s Ecopetrol consideration of importing gas from Venezuela: Colombia’s majority state-owned oil company Ecopetrol (ECO.CN) is exploring an offer from Venezuela’s PDVSA to supply the Andean country with gas from December 2024, it said on Tuesday. Colombia’s President Gustavo Petro said during a visit to Venezuela over the weekend it was […]
Read more »Via Reuters, a report that Chinese and Russian energy firms are discussing jointly developing oil and gas fields: China is in talks with Russia’s Rosneft (ROSN.MM), Gazprom (GAZP.MM) and Novatek (NVTK.MM) about the joint development of oil and gas fields and hydrocarbon trade, state-owned China National Petroleum Corporation (CNPC) said on Wednesday. Russia is counting […]
Read more »Courtesy of The Financial Times, a report on Malaysia’s Petronas’ plan to invest $1.6bn in Indian green ammonia: Malaysian state-owned energy company Petronas is set to invest $1.6bn in an Indian green ammonia venture, in a boost to New Delhi’s ambitions to export energy. The investment by Petronas’s Gentari renewables division will give it a 30 […]
Read more »Via The Economist, a look at Pemex and why the Mexican government is propping it up: It is rare for the CEO of a company to admit to being anxious. But when, on October 9th, Octavio Romero, head of Pemex, Mexico’s national oil company, appeared before lawmakers, he came close to doing so. Mr Romero […]
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