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Eni and partners reach FID on Mozambique’s Coral North project
Italian energy multinational, Eni, has declared that it has taken definitive resolve to press on with an ultradeep offshore floating gas liquefaction project that would bring its overall liquefied natural gas (LNG) production to over 7.0 million tons per annum…
ADNOC hauls out $12.6 bn for Covestro
Abu Dhabi National Oil Co (ADNOC) has signaled a willingness to raise its informal offer to 60 euros per share for a valuation of $12.6 billion for German plastics and chemicals maker Covestro. The latest offer would represent a premium…
ADNOC activates $15bn decarbonization with CO2 injection project
Abu Dhabi National Oil Company (ADNOC) has launched the country’s plan to deliver on its Net Zero by 2050 ambition. ADNOC said it has started a CO2 injection well for full capture and sequestration of CO2 into Abu Dhabi’s carbonate…
