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Houston-based Amos Global Energy is awaiting a U.S. Treasury Department license to acquire Chinese Sinopec's stake in a Venezuelan oil and gas project. As the U.S. tightens sanctions, the firm seeks to broaden its influence in Venezuela's energy sector. Additional collaborations with Italy's Eni are also in discussion.
Chinese electric vehicle startup Nio signed a cooperation agreement for battery swapping with State-owned automaker FAW Group last week, broadening its battery-swapping alliance.
BASF Factbook Information for investors and analysts Published May 2024 20 BASF Factbook ...
TotalEnergies SE and partners disclosed FID for the Kaminho project in Angola. The project plans to develop fields and reduce methane emissions.
Improved arbitrage economics and firmer demand for petrochemical feedstocks helped boost exports of naphtha-rich US WTI crude to India in April to its highest level in nearly a year, according to vessel tracking data.