News

  • Shell Ditches Dutch from Name

    Royal Dutch Shell Plc has announced a major overhaul of its legal and tax structure that will see the company walk away from the Netherlands amid deteriorating relations with what’s been its home country for a century.   The changes come as Shell is battling…

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  • Eni inadvertently buys oil from Iran, violating US sanctions

    Eni SpA, one of Europe’s largest oil companies, has said it unwittingly purchased a consignment of crude from Iran — an act which would have breached US sanctions.   In 2019, the Rome-based company bought a shipment of oil which was purported to have come…

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  • Africa Sets Sights on Hydrocarbon Haul Despite Global Shift

    Several African countries plan to exploit their oil and gas reserves to tackle poverty and energy shortages, representatives gathered in Dubai said this week in the face of pressure to end fossil fuel extraction to curb global warming.   Officials and industry executives stressed that…

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  • Petrobras inks deal to sell third downstream processing unit

    Petróleo Brasileiro SA (Petrobras) has signed a contract to sell its 5,800-b/d Unidade de Industrialização do Xisto (SIX) unit – including a mine in one of the world’s largest oil shale reserves and a shale processing plant – in São Mateus do Sul, Paraná, to…

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  • USA-China Climate Pact Puts Methane Leaks in Crosshairs

    A surprise agreement at the COP26 climate summit between the world’s two largest economies could help curb major sources of a super-heating greenhouse gas.   China and the US vowed to work together to slow global warming at the conference in Glasgow, focusing among other things on…

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  • Jacobs Wins Two Czech Republic Nuclear Contracts

    Jacobs has won two new contracts to support the Czech nuclear sector with radioactive waste management services.   National utility CEZ has selected Jacobs’ SIAL® geopolymer encapsulation technology to safely solidify 250 metric tons of low and intermediate-level radioactive sludge at the Dukovany Nuclear Power Plant….

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