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KMG suffers further output declines in H1 2021
Euroil: UK opposition calls for end date for exploration
Russia holds off on gasoline ban
Profits roll in for shale drillers
Shale drillers are reporting their results for the second quarter of 2020, and profits are piling up. This comes as a result of stronger oil demand and prices, thereby helping to lift profits.
Markets nervous over Gazprom's processing plant fire
SSE exits UK gas distribution
Super-majors beat profit expectations
US-headquartered super-majors Chevron and ExxonMobil both beat analyst expectations with their latest quarterly results.
Oil sands giants report second-quarter profits
Canada’s leading four oil sands producers have posted profits for the second quarter of 2021, marking a turnaround from losses a year ago.
Russia’s Sibur sees emissions flat amid major growth plan
Russia’s largest petrochemicals producer Sibur aims to complete massive growth plans without additional emissions, according to a comprehensive report on results and sustainability in 2020.
UK can lead the way in hydrogen: Xodus
Castillo begins to reveal new vision for PetroPerú
Peru’s new president wants the national oil company to expand its portfolio and gain control over fuel prices but says it must compete against private sector operators.
HollyFrontier to buy Sinclair Oil, Sinclair Transportation in $2.6bn deal
Refiner HollyFrontier announced this week that it had agreed to acquire fellow Rocky Mountain region refiner Sinclair Oil from the Sinclair Cos.
Callon acquiring Primexx in Delaware Basin boost
Callon Petroleum announced this week that it had agreed to acquire all of the leasehold interests and associated oil, gas and infrastructure assets of Primexx Energy Partners and its affiliates for $788mn.
Court orders further regulatory analysis on two Texas LNG projects
The US Circuit Court of Appeals for the DC Circuit ruled this week that the environmental analyses supporting regulatory approvals for two proposed Texas-based LNG export projects were deficient.
Eurohold Bulgaria offers €112mn for remaining 33% stakes in CEZ Distribution, CEZ Electro
Import of fuels in Albania reaches historic level
Russia's Hevel, RusHydro propose more green energy
Work resumes on bypass lines for SOTE and OCP systems
The operators of Ecuador’s two main oil export pipelines have restarted work on bypass lines near San Luis, a settlement in Napo Province, after being delayed by protests last month, according to Petroecuador.
Ecopetrol aims to launch pilot project for green hydrogen production next year
Colombia’s national oil company Ecopetrol has announced plans to launch a pilot project for green hydrogen production and will also explore options for investment in blue hydrogen.
TotalEnergies says Libra group has made FID on Mero-4 project
France’s TotalEnergies and its partners in the Libra consortium have made a final investment decision (FID) on the development of the fourth phase of Mero, an oilfield within the deepwater offshore Libra block.
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