Page 43 - Vitol News Today

Chesapeake Energy beat Wall Street estimates for third-quarter profit on Tuesday, as lower overall costs helped offset the impact of falling natural gas prices, sending its shares 3.4% higher in extended trading.

Chesapeake Energy Corp. has turned to another global commodity trader to help expose more of its U.S. natural gas production to international markets,

“The economy’s energy needs will be supplied by alternative fuels… The electricity industry is preparing to use alternative fuels to power its stations.”

Sri Lanka is set to award a multi-billion dollar oil refinery project to a Chinese state-owned company after a rival bidder pulled out, the energy minister said Tuesday. Sri Lanka had originally awarded the project, which has an estimated cost of $3.85 billion, to an Indian family-owned company based in Singapore in 2019.

Sinopec, China's state-owned oil and gas giant, will be awarded the contract to build an oil refinery in the southern port of Hambantota, energy minister Kanchana Wijesekera said on Tuesday.

By Ben Glickman Chesapeake Energy would supply up to 1 million tons of liquid natural gas per year to Vitol under a potential 15-year agreement between the...

OKLAHOMA CITY, Oct. 31, 2023 /PRNewswire/ -- Chesapeake Energy Corporation and Vitol Inc. today announced the entrance into a Heads of Agreement with Chesapeake Energy Marketing L.L.C. a...

Sri Lanka is set to award a multi-billion dollar oil refinery project to a Chinese state-owned company after a rival bidder pulled out, the energy minister said Tuesday. Kanchana Wijesekera said the government would shortly enter into an investment agreement with Sinopec to build the refinery next to the Chinese-run port at the southern town […]

Two giants of the shipping-data world, ZeroNorth and Alpha Ori Technologies, have agreed to merge under the banner and management of ZeroNorth. Togeth...

This publication has extensively spoken to industry experts and players who say the step that the country is taking is replete with massive risks that need to be properly mitigated