Adnoc Buy of Covestro Wins Conditional EU Approval
ADNOC won conditional EU approval for its $13.9 billion takeover of Covestro after it dealt with EU concerns that its state subsidies could stifle competition.
ADNOC won conditional EU approval for its $13.9 billion takeover of Covestro after it dealt with EU concerns that its state subsidies could stifle competition.
Oil climbed as attacks on Russian sites and Iran's tanker seizure added fresh risk premiums.
The Trump administration rescinded restrictions on oil drilling in Alaska's mammoth state petroleum reserve, reversing a move by Biden that put an estimated 8.7 billion barrels of recoverable oil off limits.
TotalEnergies signed a deal to supply Google a total of 1.5 terawatt hours of certified green electricity for 15 years to support the tech giant's data center operations in Ohio.
Repsol is considering a reverse merger of its upstream unit with potential partners including US energy producer APA, people with knowledge of the matter said, as it seeks ways to list the business in New York.
The Canadian company operating in Africa produced 35,600 boepd in Q3.
Ukrainian drones attacked oil infrastructure at Russia's giant Black Sea port of Novorossiysk overnight, as Moscow's forces launched a massive air strike on Kyiv that killed four and damaged several residential buildings.
Chinese gas equipment manufacturer Langrun signed a non-binding letter of intent to provide up to $46 million in financing for a CBM-to-LNG project by Australia's Jade.
Zagato North yielded estimated gross recoverable resources of up to three million barrels of oil equivalent.
Oil ticked higher as traders weighed a looming record surplus against new Russia-focused sanctions.