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TURKEY SEEKS LNG DEAL WITH EXXON TO REDUCE RELIANCE ON RUSSIA.
Turkey is in discussions with U.S. supermajor ExxonMobil regarding a long-term LNG supply agreement, aiming to lessen its dependence on Russia or any single supplier, Turkish Energy Minister Alparslan Bayraktar revealed in an interview with the Financial Times.
- 2 years, 1 month
TOTAL ENERGY ANNOUNCES DEVELOPMENTS IN THE $27 BILLION DEAL IN IRAQ.
Patrick Pouyanné, CEO of Total Energies, briefed Iraqi Prime Minister Mohammed Shia al-Sudani on the specifics of his company's $27 billion energy project deal with Baghdad.
- 2 years, 1 month
ALGERIA'S SONATRACH SIGNS NEW AGREEMENT WITH OMAN TOWERS.
Algeria's Sonatrach is actively working to expand bilateral cooperation with Oman in the energy, mining, and hydrocarbon exploration sectors. Recently, a memorandum of understanding was signed between Sonatrach and Oman Energy Services Abraaj.
- 2 years, 1 month
EXXON EXPECTS REGULATOR TO GREENLIGHT $60-BILLION PIONEER DEAL IN JUNE.
ExxonMobil anticipates approval from the U.S. antitrust authority for the acquisition of Pioneer Natural Resources by the end of June. The deal, valued at $60 billion in all-stock, would significantly expand ExxonMobil's presence in the Permian Basin, doubling its footprint.
- 2 years, 1 month
CONSORTIUM OF 3 COMPANIES WINS DEVELOPMENT OF GIANT SOLAR POWER PLANT IN THE UAE.
A consortium of three international companies has secured the development of a large-scale solar power plant in the UAE, boasting a capacity of up to 1.5 gigawatts. This initiative aligns with the Abu Dhabi government's commitment to sourcing 32% of its electricity from renewable sources by 2030.
- 2 years, 1 month
IRAQ SETS THE CEILING ON OIL EXPORTS WITHOUT ADHERING TO OPEC+ DECISIONS.
Iraq plans to set a fixed ceiling on its oil exports until the end of 2024, irrespective of future decisions made by the OPEC+ alliance regarding production cuts.
- 2 years, 1 month
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