Gas & LNG
Woodside Profit Drops by a Quarter After Hydrogen Project Exit
Woodside Energy Ltd.’s net income slid by almost a quarter in the six months through June as it booked costs related to its exit from a US hydrogen project and decommissioning several fields.
Major Lukoil Refinery Halts Oil Intake After Ukraine Strike
Lukoil PJSC’s major Volgograd refinery has halted oil intake following one of the latest in a series of Ukrainian drone strikes on Russian energy assets, said a person familiar with the matter, who asked not to be named discussing non-public information.
Algeria Nears Deals With Exxon and Chevron in Shale Gas Push
Algeria is close to finalizing a deal with Exxon Mobil Corp. and Chevron Corp. to tap the North African nation’s vast gas reserves, including shale, for the first time, a senior official said.
