Energy

In recognition of the need to support strategies that will promote and enable equal participation of women in the energy value chain, a group says it is partnering with the Renewable Energy Association of Nigeria to host the International Women in Energy Symposium.

In a bid to invest more in renewable energy, France oil giant Total has been renamed TotalEnergies. The Board of Directors has given the approval for the company’s name to be changed.

Global commodities trading company Trafigura has purchased a minority stake in UK utility company Bboxx to accelerate progress on meeting United Nations Sustainable Development Goal 7, clean energy for all, in Africa.

The Organization of the Petroleum Exporting Countries is in support of the adoption of electric vehicles in a sustainable manner to reduce emissions.

Oil giant ExxonMobil has been overtaken by Florida-based NextEra Energy, a big player in the wind and solar energy, as the most valuable US energy company by market value.

The shareholders of Noble Energy have approved a deal to sell the oil and gas producer to Chevron Corp. The deal which was approved on Friday will make Chevron the No. 2 U.S. shale oil producer and giving it international natural gas reserves close to growing markets.

The Shareholders of Noble Energy Inc NBL.O are expected to approve its sale to Chevron for about $4.2 billion in stock on Friday, cementing the first big energy deal since the coronavirus crushed global fuel demand

As part of what it described as a major overhaul to shift to low-carbon energy, Royal Dutch Shell on Wednesday announced plans to cut up to 9,000 jobs, or over 10% of its workforce.

In what is seen as a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas.

Oil giant BP is in a significant step towards its energy transition goals has entered the offshore wind market on Thursday with a $1.1 billion deal to buy 50% stakes in two U.S. developments from Norway’s Equinor.